Starting salaries in Britain are rising sharply as the supply of cheap labour from the EU dwindles — as predicted by Brexit campaigners and even Remain campaign chairman Lord Stuart Rose.
“A sustained upturn in demand for staff and lower candidate availability [has] led to further increases in pay,” found a report by the Recruitment and Employment Confederation (REC).
“Starting salaries rose sharply overall, with the rate of inflation quickening to its second-strongest since November 2015.”
The REC buried the positive findings beneath a litany of complaints about growth slowing down as a result of business being deprived of the vast labour pool they have enjoyed under the EU’s Free Movement regime — before a reluctant admission that: “For jobseekers, this is good news, as employers are willing to pay higher starting wages to attract the right candidates.”
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“A sustained upturn in demand for staff and lower candidate availability [has] led to further increases in pay,” found a report by the Recruitment and Employment Confederation (REC).
“Starting salaries rose sharply overall, with the rate of inflation quickening to its second-strongest since November 2015.”
The REC buried the positive findings beneath a litany of complaints about growth slowing down as a result of business being deprived of the vast labour pool they have enjoyed under the EU’s Free Movement regime — before a reluctant admission that: “For jobseekers, this is good news, as employers are willing to pay higher starting wages to attract the right candidates.”
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