The report, which compared job market data in January, February and March 2019 and compared this with the same period last year, found that average pay for new manufacturing jobs went from £30,440 in Q1 2018 to £30,918.50 in 2019.
Lee Biggins, founder and CEO of CV-Library, commented: “The influx in pay has been an ongoing trend over the past two quarters and can largely be attributed to the fact that employers in the industry are struggling to source the talent they need. However, the findings suggest that this isn’t enough to sway professionals out of their roles, with many refusing to bite and apply for a new job.
Alongside this, the report found that there were 1% less jobs being advertised in Q1. This is the first time job numbers have dropped since 2016. At the same time, the UK as a whole saw 4.2% more jobs being advertised, though this was met with a 4.8% drop in applications.
Biggins continues: “It’s interesting to note that this quarter actually saw a drop in job creation, suggesting that economic uncertainty is really taking its toll in the manufacturing sector. Just recently it was announced that car production in Britain could collapse by almost half by the mid-2020s in a no deal Brexit scenario.
“It’s clear that we appear no closer to reaching an effective deal. For now, it’s clear that all we can do is sit back and watch the Brexit shenanigans play out, in the hope that both candidate and employer confidence will improve in the coming months.”
