Average advertised salaries fall by 2.7%


Average advertised salaries decreased by 2.7% between November 2015 and November 2016, according to research by Adzuna.

Its UK job market report: December 2016, which is based on online job vacancy data in the UK, found that the average advertised salary was £32,221 in November 2016, compared to £33,118 in November 2015.

Sectors such as retail and social work have seen a more notable drop in average advertised salaries. The average advertised salary in the retail sector was £21,769 in November 2016, which is a 17.4% decrease from the average advertised salary recorded in November 2015.

The average advertised salary for consultancy roles fell by 16.4% to £40,639, and the average advertised salary for customer service jobs decreased by 11.3% to £20,950 a year.

There has been a 10.3% decrease in the average advertised salary for logistics and warehouse positions, falling to £26,870 a year in November 2016. Between November 2015 and November 2016, the average advertised salary for social work roles decreased by 9.6% to £28,618 a year.

Doug Monro, co-founder at Adzuna, said: “The jobs market has fared well in the main [in 2016], given the unexpected events within the political climate. Despite total advertised vacancies increasing significantly, it may be too early to brand the jobs market a complete success given salary stagnation and the unpredictability that may lie ahead in the new year.

“[In 2016], we witnessed the jobs market offer encouragement for jobseekers and those already in roles in a number of different ways. The ongoing rise of the gig economy, improvements to the national minimum wage, the strength of well-performing regions such as Wales and sectors such as healthcare and nursing, and charity and voluntary, outperforming the traditionally strong industries have been particular highlights and show that the composition of the jobs market continues to evolve.

“2017 will certainly bring new prospects and challenges for the jobs market and the sooner Brexit plans are confirmed, the sooner businesses and individuals will be able to plan for the future with more certainty.”