UK salaries show first year on year rise
The average salary in the UK has had a year-on-year rise for the first time since the economic downturn, according to job search engine Adzuna.
Jobs advertised in July 2014 displayed a salary 0.9 percent higher than those 12 months ago, with the average salary now standing at £33,873.
Yorkshire and The Humber regions saw a five percent increase with the average salary, now at £29,539, with the North West following just behind with a 4.2 percent increase.
With the exception of London, all parts on the UK saw a rise in salaries as lower paid hospitality jobs surged in the capital leading to a one percent drop in the area. Top of the board was Wales, with a
sharp rise of 18.7 percent in advertised salaries.
Manufacturing was the biggest improver in salary rises when compared to other industry sectors with the average salary in 2014 now at £29,507, a 15.9% rise from this time last year. Science, engineering and construction roles also feature in the top performer’s charts, showing clear signs of employer investment in rebuilding the jobs market.