UK Salaries on hold as job opportunities continue to rise!

• First quarter salaries show no growth on previous quarter

•  2014 salaries remain at the same level as Q1 2013

•  Number of new jobs available grows 10% during first quarter and is up 30% year-on-year

UK salaries continue to stutter, with zero growth during the first quarter of 2014, whilst the number of new jobs available is still rising, according to new figures release by reed.co.uk

 Renewed economic confidence has continued to prompt growth in new vacancies, but rates of pay remain flat. In the first quarter of 2014, the number of new vacancies being advertised grew by nearly 10% compared to the last quarter of 2013 and by more than 30% annually. There are now nearly twice the number of jobs on offer as there were in March 2010.

March: Top 5 sectors year-on-year

• 1. Legal +78.9%
• 2. Transport & Logistics +73.1%
• 3. Construction & Property +67.4%
• 4. Strategy & Consultancy +55.7%
• 5. Motoring & Automotive 54.1%

March: Top 5 regions year-on-year

• 1. Wales +44.7%
• 2. Yorkshire & Humberside +34.9%
• 3. North West 33.1%
• 4. London 31.7%
• 5. East Anglia +31.5%

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Statistical information from reed.co.uk