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Starting pay up as skills shortage starts to bite, warns report

HR

A report from the Recruitment and Employment Confederation and KPMG said skills shortages are driving increases in pay, with almost a third of recruitment agencies reporting higher starting salaries. Pay growth was particularly strong in the Midlands and the South and the rate of pay growth was the strongest since last September. Availability of candidates continues to fall. The survey found that skills shortages were a particular issue in teaching, while for temporary staff the problem was worse in nursing and healthcare. KPMG said the skills shortage could put the brakes on economic growth if it continues unabated.

 

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