UK 
United States
Gaining the interest of some of the top talent out there is not easy. With every business claiming to offer some of the best workplace perks and benefits available it’s no surprise to hear that the average salary has increased to keep employees and potential candidates interested.
In fact, advertised salaries have climbed to a seven-year high, according to the latest UK Job Market Report from job search engine Adzuna, reportedly driven by a talent shortage. This follows a dip in competition for jobs, falling to a record low with almost four vacancies per jobseeker across the UK.
Meanwhile, back in 2018 a Salary Trends Report by ECA International reported that UK professionals can expect to receive an extra £20 per week in 2019, as employers seek to boost their offerings to both attract new talent and keep their current staff where they are. But can increasing pay help source the best talent for the job?
By offering a competitive salary, employers can find some of the best-skilled workers out there, and if they get an above-average salary offering, workers will likely go the extra mile when it comes to completing their work and taking on new tasks to benefit the business. It’s also crucial to point out that by increasing a salary, workers will be less likely to leave their position and remain loyal to the firm.
