Average salary levels across Yorkshire & the Humber grew for the second year running in 2019 across a variety of sectors, according to new data released by Reed Specialist Recruitment.
- 1.6 per cent average regional salary growth for 2019, compared to national average of 3.5 per cent
- Fastest increasing salaries for roles paying above £40,000 include operations director (7.8 per cent), UI designer (7.5 per cent) and procurement director (5.2 per cent)
- Jobs with the highest wage increase in 2019, at salaries below £40,000 in the region, include payroll assistant (9.8 per cent), CNC programmer (8.2 per cent) and HR administrator (7.9 per cent)
From analysis of 7.5 million jobs posted since the start of 2016, the Reed Specialist Recruitment annual suite of Salary guides for 2020, found that salaries across Yorkshire & the Humber industries were on the rise. The 1.6 per cent average salary growth for the region during 2019 is a solid increase, and follows a 0.9 per cent increase in 2018.
Biggest job increases across Yorkshire & the Humber
In roles paying more than £40,000 highlights include operations director (7.8 per cent), UI designer (7.5 per cent) and procurement director (5.2 per cent).
Jobs with salaries under £40,000 a year in Yorkshire & the Humber also performed well. Payroll assistants in the finance sector saw a 9.8 per cent increase in salary, there was an 8.2 per cent average salary increase for CNC programmers in engineering, and a 7.9 per cent increase in average salary for HR administrators.
The 2020 Reed Salary Guides also found that certain roles in the region experienced a promising increase in the number of jobs advertised. These included: finance manager (up 8.1 per cent), design engineer (up 5.3 per cent) and business development managers (up 3.8 per cent).
Mike Harrison, Yorkshire & the Humber regional managing director for Reed Specialist Recruitment, said: “In the past year, candidates have been less eager to actively search for jobs due to the uncertain market, and with their existing employers increasing salaries and benefit packages candidates don’t have the same motivation to move roles.
“Across every sector, a grasp of technology and how to apply it to a role will be key to candidates looking to secure new positions. Digital literacy in finance, HR, procurement, engineering and marketing, are increasingly vital skills to get a foot in the door of any prospective company. Whether analysing workplace trends and data, leading projects to their logical and effective conclusions or reacting to shifts in consumer attitudes, the use of technology is now essential to the success of a business and a candidate.”
Comparisons to other regions and an increase in job adverts for roles
The 1.6 per cent average increase in advertised salaries across the region is less than all regions in the UK. With its closest rivals in the North West (1.7 per cent) and the South West (1.8 per cent).
Mike Harrison, continued: “Although some candidates will be disappointed with the salary growth in the region, those earning more than £40,000 will be eager to take advantage of the larger growth for their role and will be in demand by businesses. But it won’t just be up to businesses to offer the largest salary increases. Candidates will also be attracted to join or stay at a business if they feel they are going to a better workplace with the right progression and benefits on offer.
“The hospitality sector is a fine example of this in practice. In the major cities of Yorkshire & the Humber the industry is growing rapidly, with a booming night-time economy. However, the biggest challenge to talent retention in the sector remains – work-life balance. With peak service hours at ‘unsociable’ times it can be difficult to convince some to stay. However, the correct training, progression and nurturing of passion can keep the best talent. Meanwhile, top candidates can thrive in an industry which demands, as well as generates, boundless passion and creativity.
“Businesses and candidates in Yorkshire & the Humber are at the start of a positive projection for the region. They can see their careers and businesses take off. It just needs the right recruitment strategy to capture the right candidates.”