Recruitment specialist Morgan McKinley has launched its 2017 Salary Guide, with key insights showing the likely 2017 salary scales across a wide range of sectors and position levels.
Among its findings from senior recruiters for 2016, the Guide has revealed that salaries have remained flat, and senior level candidates have had to be particularly flexible – those out of work often having to accept a drop on their previous package – due to lower job flow and increased competition.
In what looks to be a universal finding, permanent roles in the larger employers took a dip – and a consequence, the professional temp market saw better conditions.
Meanwhile, it also found that candidates will expect to receive a 10% increase upon changing roles. In some instances, however, there have been notable salary hikes driven by niche skill sets and candidate shortages at certain levels of experience.
The Guide states that 2017 will place diversity as a key topic on recruiters’ agenda. Across the market there is an unprecedented focus on the need for diversity in the modern workforces, and hirers must reckon on this being another factor contributing to a fierce war for talent this year.
David Leithead, Chief Operations Officer of Morgan McKinley, said: “Uncertainty was the overriding sentiment in the UK business sector last year. We saw the impact of that in reduced volumes of job vacancies in many industry segments, particularly permanent roles in the larger employers, for whom the political and economic backdrop meant an unprecedented level of scrutiny over headcount levels and hiring decisions. As a consequence, the professional temp market inevitably saw better conditions. For the moment, this balance is likely to continue.”
The Morgan McKinley 2017 Salary Guide can be found here: http://ow.ly/frqP309tgM6