It's a good time to be a job seeker in the United Kingdom. Nearly half of employers in the United Kingdom raised their starting salaries to tackle challenges in recruiting new workers, according a Labour Market Outlook: Autumn 2018 released Monday by the Chartered Institute of Personnel and Development, or CIPD.
Based on a survey of 1,002 employers in the UK, the outlook showed 48 percent of organizations increased their starting wages to become more competitive in the job market.
About 44 percent said it would be more hard to fill vacancies and 34 percent felt pressure in retaining staff over the past 12 months.
Considering the uncertainty of Brexit, about 48 percent expressed insecurity over their EU workforce. Meanwhile, 90 percent of employers said the present migration policies would not, or only to some extent, meet their demands for low or medium-skilled employees.
"The survey data point to continued recruitment and retention pressures, which will boost the earnings growth for some workers," said Gerwyn Davies, senior labour market adviser from CIPD.
He added that it was good news for job seekers, while the surging labour shortages would result in higher workloads for some workers.