There were also more advertised job vacancies across the sector last month
With advertised salaries for engineering roles increasing by 1.6% in June, it’s clear that businesses across the sector were feeling confident last month. That’s according to the latest statistics from CV-Library, the UK’s leading independent job site.
The report, which compared job market data from June 2018, with that of the same period in 2017, revealed that the engineering sector is thriving right now, making its way onto the list of the top industries for a pay increase. The full list includes:
- Legal – pay up by 13.1%
- Catering – pay up by 9.9%
- Marketing – pay up by 8.3%
- Sales – pay up by 4.9%
- Automotive – pay up by 3.9%
- Recruitment – pay up by 3%
- IT – pay up by 2.5%
- Accounting – pay up by 2.3%
- Engineering – pay up by 1.6%
- Manufacturing – pay up by 1.2%
Lee Biggins, founder and managing director of CV-Library, comments: “We typically see recruitment slowing down over summer months, but these hikes in pay suggest that businesses across the engineering sector are continuing to push hard to attract talented candidates into their roles. What’s more, the industry is thriving right now, which is great news for both organisations and job hunters across the sector.”
Furthermore, the data found that job vacancies in the engineering industry also rose last month, increasing by 1.3% year-on-year. While this further proves that companies are ramping up their recruitment efforts this summer, unfortunately application rates weren’t quite keeping pace with employer demand.
Biggins concludes: “It’s clear from the data that businesses were remaining very active in their recruitment efforts last month. With June marking two years since the Brexit vote, it’s positive to see that companies are still pulling out all the stops to secure talented new recruits, especially as the engineering sector was predicted to be one of the hardest hit by the decision to leave.
“That said, applications were not keeping pace last month, suggesting that job hunters in the sector are still feeling uncertain, even two years down the line. What’s more, our overall happiness tends to increase during the summer months, particularly given the spate of nice weather we’ve been having recently, so it’s not surprising to see that candidate appetite has taken a knock.
“Despite this, organisations across the engineering industry need to keep working hard if they hope to see applications picking back up in the coming months.”