Salary increases above UK economy average
A recent report has highlighted some encouraging statistics around the job market in the North. Salaries paid to newly-appointed permanent workers in the North of England increased during June, taking the current sequence of salary growth to 16 months.
The rate of wage inflation remained robust and stronger than that seen across the UK as a whole. All four monitored English regions indicated higher permanent salaries in June. Wage inflation was sharpest in the North, and solid across both the Midlands and the South. London registered a slight rise. Salary growth at the UK level picked up to the fastest in almost two years, the report said.
The number of workers placed in permanent positions across the North of England increased sharply in June. The pace of expansion in the regions also accelerated to the quickest in six months and was the second fastest among all four English regions, behind the South. At the UK level, permanent staff appointments expanded at the quickest pace in over two years.
Recruitment consultants in the North signaled increased temporary billings in June, taking the current expansionary sequence to 11 months.
This is all fantastic news for the digital, marketing, and analytics markets, where many North-based brands are expanding teams significantly in 2013.
Steve Thompson, managing director of North West-based marketing, analytics and digital recruitment consultancy, Forward Role, reported figures on the firm’s performance this week which reflected this trend in the market. “We’ve had a fantastic financial year with turnover up 334% on 2012. The recent report is indicative of the increasing trend of businesses traditionally based in London, moving out of the Capital to maximise the huge potential of Northern regions. We are working with lots of exciting Northern-based SME and corporate brands and look forward to expanding our ambitions and continuing the growth witnessed both internally and by our clients”.
Forward Role are a specialist Digital, Marketing, Analytics & Creative Recruiter with offices in Bolton and Manchester. For information about current vacancies, or if you need assistance sourcing the brightest Marketing talent, visit our website at www.forwardrolerecruitment.co.uk or call us on 0845 257 2231.