Engineering professionals react to market boom and snap up bigger pay packets

Published:  08 May, 2019

New data from CV-Library, a leading UK independent job board, reveals that engineering professionals are reacting positively to the country’s latest job market boom, with applications for new engineering jobs rising by an astounding 16.5% in April 2019.

The findings compared job market data from April 2019 with the same period last year and shows that a key driving factor behind this hike in applications is likely the fact that the amount of job vacancies on offer in engineering were up by 3.1%, while average salaries for new jobs grew by a smaller 1.5% year-on-year, reaching an average of £36,710.

Lee Biggins, founder and CEO of CV-Library, comments: “It's deeply encouraging to see that the number of vacancies on offer has started to climb, especially as salaries are following suit. It’s interesting to note, however, that vacancies increased at almost double the rate of salaries.

“Pay packets are the first part of a job that professionals look at, so a ‘quality over quantity’ outlook may be the way forward to securing an even greater number of candidate applications. What with the current skills shortage, continuing to increase wages will ensure your business stands out in a competitive market.”

As well as this, the amount of candidates in the engineering industry registering their CVs online with CV-Library has increased by a staggering 21.7%, suggesting that more individuals are starting to consider looking for jobs.

Biggins continues: “The overall increase in salaries and job vacancies has certainly resulted in some healthy competition amongst engineering professionals. To attract the best quality candidates, businesses need to ensure that they have effective hiring strategies in place. Consider the types of tools you’re using and remember that small changes go a long way when the job market is so tight.”

www.cv-library.co.uk

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