According to an analysis of job placements made by the specialist recruitment company Hays, over the past year salaries for some professionals have risen by 10% and some of the greatest salary increases in the North West have been in construction and property, with a number of roles enjoying significant salary increases.
Counter offers are becoming prevalent in all professions as employers compete for the best talent. Demand for building services professionals is increasing, with some parts of the country reporting a much increased appetite for candidates throughout the last year.
Typical salaries, by job type, in North West, according to Hays
- Construction project manager: £45,000
- Senior planner: £48,000
- Newly qualified general practice surveyor: £31,500
- Associate architect: £43,000
- Housing officer: £23,000
The survey of over 10,000 employers and employees indicated that employers are confident their business activity will increase over the next 12 months and this will result in greater hiring, with 70% of employers planning to increase headcount over the next 12 months. However, 80% of employers are already concerned that they will encounter a shortage of suitable candidates. Within building services, skill shortages across a number of areas, especially design, are intensifying. Intermediate-level engineers with building information modelling experience continue to be a premium commodity, but there is demand for mechanical and electrical design engineers at all levels.
Not only is confidence returning to businesses, Hays said it is also seeing that confidence has also significantly increased amongst jobseekers, with 61% anticipating that they will move jobs in the next year and 38% of those considering a move within the next 6 months.
Richard Gelder, director of Hays Building Services, said: "Optimism is increasing in the construction industry and market sentiment is upbeat. The market is improving and employers and candidates are more confident than before. On the whole, salaries are increasing moderately and large increases are focused where there are severe skill shortages, and these professionals not only receive high salaries but multiple job offers as well.
"This means that employers will need to focus on their retention strategies and development of existing employees in the year ahead. Recruitment will become more difficult as competition increases, so employers will need to consider the attractiveness of the role and their organisation and develop their employer brand to appeal to new staff."
- On Wednesday 3 December from 6pm at the Etihad Stadium in Manchester, Richard Gelder, director at Hays Building Services, will give an update on the building services recruitment market in the North West, findings from the Hays UK Salary & Recruiting Trends 2015 and advice on recruitment strategies to attract the best people in an increasingly competitive talent market. Click here for details and to book a place
- To request a copy of the report click here