CV Library have recently compared this years pay data with years previous and have concluded that employers are now offering higher salaries to attract high quality job seekers.
Bristol tops the list of high paying places to work, with salaries rising by 7.6%. As there is little to no explanation given for the pay raise, we seem to be forced to speculate as to what it could be that has made Bristol’s salaries suddenly explode over the last year.
Support for the idea that Bristol is indeed a jobs hot-spot comes from Tech Nation’s latest annual report has found an average wage increase of 10% within the digital/tech sector over that last 5 years, rising to £47,063; This now means that Bristol/Bath is now the largest digital and tech cluster outside London.
Next on the CV Library list is Wales, with a salary rise of 6.1%. This comes at no surprise however as Swansea and Cardiff are heavily backing digital investment, so the same effect that we see in the West Country may have been starting to take effect in Wales.
London surprisingly however didn’t even make the top which is surprising to many however wages did rise by 2.3%, so did inflation – leaving many workers without a raise over the last year.