Advertised salaries grow for sixth consecutive month
- UK average advertised salaries up– currently sitting at £33,921; up 4.3% year-on-year
- Every region in the UK showed year-on-year salary growth
- Total advertised vacancies at 1,109,412 – down 4.1% over six months, despite a small increase on last month
- Construction salaries need work – advertised salaries down by 8.1% from March 2017
- Admin salaries on the up – typical sector pay up 28.2% annually to £27,564
Average UK advertised salaries have increased in the last 12 months, up 3.5% to £33,646, according to Adzuna.co.uk. Growth in advertised wages is in evidence in every one of the 12 UK regions.
The 4.2% improvement in the year to March 2018 means the average advertised wage is now £33.921. Following an ongoing pay squeeze, UK average salaries are starting to show signs of sustained growth, with last month marking the 6th consecutive month of positive movement for UK pay packets.
However, while salaries health is booming, the total number of advertised vacancies in the UK has stagnated in recent months. Currently sitting at 1,109,412, the quota of open roles has fallen 8.3% in the last six months.
Doug Monro, co-founder of Adzuna, explains: “After a sustained period of stagnation, advertised salaries are finally showing stable signs of positive movement. Advertised pay is growing both year-on-year and month-on-month, reflecting a healthy picture. With six months of continuous growth under our helps, the signs are there that employers are starting to recover the confidence to pay higher salaries for top talent.”
“The number of advertised vacancies, however, has seen more fluctuations and employers and jobseekers alike with have their hopes set on a more stable second half of 2018 for recruitment.”
Table 1: Total advertised vacancies and salaries
| March 2018 | February 2018 | Monthly
Change |
Annual change from March 2017 | |
| UK Vacancies | 1, 109,412 | 1,104,236 | 0.5% | -4.1% |
| Av. Advertised UK Salary | £33,921 | £33,646 | 0.8% | 4.3% |
Graduate pay packages not making grade
Salaries in the Trade & Construction sector featured amongst the hardest hit industries in terms of average advertised salaries, according to Adzuna’s recent sector breakdown. Typical advertised salaries are down by 8.1% from March 2017; currently sitting at £37,386. The sector ranked as the fifth worst-declining industry for average advertised pay in March 2018.
Doug Monro, co-founder of Adzuna explains: “Declining pay rates for the trade and construction jobs are fifth in the table worst-performing jobs in the UK. With more pressure than ever on the British property market, and all eyes on high profile construction projects like CrossRail, British building professionals are in a tough spot. The onus is on employers to make sure the foundations are correctly laid to attract, nuture and retain skilled professionals to build a better Britain.”
Table 2: Best-performing job sectors in the UK – annual salaries
| Job Sector | Average salary | Salary % 12 Month Change | Total Vacancies |
| Admin Jobs | £27,664 | 28.2% | 43,617 |
| Energy, Oil & Gas Jobs | £40,915 | 12.9% | 3,670 |
| Creative & Design Jobs | £34,972 | 10.9% | 8,371 |
| Travel Jobs | £28,506 | 10.8% | 2,599 |
| Teaching Jobs | £29.305 | 8.7% | 76,695 |
Administration Salaries on the Rise
Salaries in the Administration sector have seen excellent growth recently, with the industry topping the table of best performing sectors by average pay packet this month. Sector salaries sat at £27,564 according to Adzuna data, showing a 28.2% increase from March 2017. In addition, the total number of advertised vacancies within the admin sector sat at an impressive 43,617 at the end of the first quarter of 2018.
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