Home / News, Views and Opinion / Engineering salaries rise, as competition for the top candidates remains fierce
Engineering salaries rise, as competition for the top candidates remains fierce
Job vacancies and applications also saw an increase in April. Image: Pixabay

Engineering salaries rise, as competition for the top candidates remains fierce

It’s clear that businesses across the engineering industry are working hard to attract talented candidates into their roles, with advertised salaries witnessing a 3.1% increase last month.

What’s more, job vacancies also rose by an impressive 13.5% in April. That’s according to the latest data from CV-Library, the UK independent job site.



The data explored fluctuations in salaries, jobs and applications throughout April and compared these with statistics from the same period in 2017.

Above-average hike in pay

While the nation as a whole saw salaries rising by 2% year-on-year, the engineering sector saw an above-average hike in pay, making it onto the list of the top 10 industries for salary growth right now.

The full list includes:

* Legal – Salaries rose by 11.3%
* IT – Salaries rose by 7.2%
* Social care – Salaries rose by 7.2%
* Marketing – Salaries rose by 4.4%
* Sales – Salaries rose by 4.3%
* Automotive – Salaries rose by 3.9%
* Accounting – Salaries rose by 3.4%
* Engineering – Salaries rose by 3.1%
* Recruitment – Salaries rose by 2.7%
* Catering – Salaries rose by 1.2%

Lee Biggins, founder and managing director of CV-Library[/highlight], comments: “It’s great to see that employers across the engineering sector are remaining positive in the face of ongoing uncertainty and that many are continuing to invest in their recruitment efforts.

“With salaries rising across the industry, the data suggests that the competition to secure the top talent isn’t letting up any time soon!

“This rise in pay and job vacancies is great news for candidates in the industry who may be looking for their next role.”

However, application rates in the industry remained fairly stagnant in April, rising by just 0.4%.

That said, despite this being a small increase, it was one of the few sectors to actually see a rise in applications.

Biggins concludes: “The fact that application rates remained stagnant across the engineering sector suggests that professionals are not feeling confident enough to move around the job market right now.

“If businesses in the industry hope to entice candidates out of their current roles, they must continue to offer the most competitive packages they can.”

Check Also

Canada renewable power capacity to reach 70.9GW in 2035

Canada is advancing its clean energy transition with a strong focus on hydropower, wind, and …

Smart grid demand to drive transmission investment to $573.7 billion by 2030

Growth in transmission infrastructure investment is accelerating to meet the rising smart grid demand, with …

Japan offshore wind capacity to reach nearly 16.7GW by 2035, forecasts

Japan is scaling up offshore wind power at a rapid pace as part of its …