Starting salaries for permanent jobs have risen at their fastest rate since July 2007, according to the Recruitment and Employment Confederation (REC) and KPMG ‘Report on Jobs’.
The number of advertised vacancies also continues to grow – narrowly missing the 15-year high reached in January – but the corresponding number of candidates applying for them has fallen.
This decline in candidate availability shifts the onus onto recruiters, who must compete to attract the top talent.
REC’s director of policy summarises the report’s key themes: ‘The trend of growth in people finding jobs across all industrial sectors and regions continues. Starting salaries and hourly pay rates are up as employers battle to entice the talent they need. As real wages begin to rise across the jobs market people will start to feel better off.’
There are still various graduate jobs and internships available for 2014 starts.