ECM report reveals upward pressure on starting salaries
High-tech recruitment consultants ECM launch their newest annual Salary and Benefits Report.
ECM’s Salary and Benefits Report 2018 analyses up-to-date info surveyed immediately from shopper corporations and gathered not directly from latest information protecting job seekers, vacancies and placement information. Its findings enable corporations to check wage ranges and advantages packages, to make sure they maintain key workers and might proceed to draw essentially the most extremely sought-after candidates.
• Overall, recruitment exercise in 2017 was noticeably greater than in 2016. Particular areas of progress had been in robotics, massive information analytics and synthetic intelligence, significantly ‘machine learning’.
• Although staff’ wage ranges have remained roughly the identical, corporations are having to supply noticeably greater starting salaries to draw the perfect candidates.
• Last 12 months, typical graduate starting salaries reached the £30okay stage for the primary time, and now there may be extra competitors on the high finish, pushing starting salaries up nonetheless additional. The most well-qualified (with a 2.1 or 1st class diploma from a high college) are commanding an elevated premium.
• One specific theme carried on from 2016: Brexit. Companies had been requested in the event that they skilled, or anticipate, impacts because of Brexit uncertainties – many had famous a big drop within the variety of EU27 candidates.
Martin Constantinides, Director, says: “In normal, in the midst of our work at ECM, we gather a considerable amount of information in regards to the salaries and advantages being supplied within the native space. We’ve all the time been completely happy to offer casual recommendation to our purchasers to allow them to guarantee their packages stay aggressive.
“Since 2008 we’ve produced a proper, annual Report based mostly on detailed surveys of the salaries and advantages being supplied. Clients surveyed vary from these with fewer than 10 staff, as much as giant enterprises.
“Our survey supplies a normal information – clearly particular person advantages packages differ significantly with a specific firm’s scenario. We are completely happy to proceed to supply recommendation on a case-by-case foundation.”
Advance copies of the Report have already been despatched to collaborating purchasers, however it’s now obtainable extra typically. Please contact ECM for particulars of the survey. Their web site is at www.ecmselection.co.uk
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