Salaries in Leeds grew twice as fast as London last year
Maybe you shouldn’t head back south after all
Average salaries in Leeds grew almost twice as fast as in London in 2015.
According to recent job postings on the website CV-Library, average pay in Leeds increased by 4.7 per cent last year to £31,053.
Although London remains the highest earning city, the average London pay only increased by 2.5 per cent to £37,443.
Earnings growth in the capital was outpaced by three other UK cities.
Sheffield and Bristol also saw advertised salaries increase at a higher growth than London, with Sheffield increasing by 4.2 per cent to £29,243 and Bristol by 3.3 per cent to £32,356.
London ranked fifth in the country with Southampton also making the top five with earnings increasing by 2.1 per cent.
Some of the biggest rises in salaries were in the construction and media sectors.
Lee Biggins, founder and managing director of CV-Library declared 2016 “the year of the candidate”.
He said: “Rising salaries are indicative of a strong job market, but the growth can also be attributed to the challenge of ‘candidate power’.
He also said “job holders hold all the cards.”