Technical positions take home the top salaries - #reedjobindex

Technical positions take home the top salaries - #reedjobindex by Michael Cheary A boost in job vacancies in the Tech, Energy and Engineering sectors and Financial Services industry is resulting in higher salaries across the country, as employers compete to attract the best talent, our latest figures  reveal.The  reed.co.uk  Job Index, which tracks the number of new job opportunities and the current state of salaries, has also revealed the top 10 cities for earning power. London leads the way, with an average salary of £37,716, followed by Aberdeen ( £32,769), Oxford ( £30,262) and Cambridge ( £30,239).Londoners in Tech, Media and Financial Services, as well as Accountancy and PR, bring in the biggest annual wage, with year-on-year increases of 1.3% above the rate of inflation.And it’s not just Londoners feeling the benefit. Workers in Aberdeen have seen salaries there move to within touching distance of the pay powerhouse of the capital, with the Scottish city now ranked second for earning potential in the UK. The Granite City record ed a 4.4% increase in annual salary, growth which can, in large part, be attributed to the thriving Energy and Engineering sectors there.With Oxford and Cambridge famed for academic excellence, it may be no surprise to see both cities in the top five UK salary destinations.  With more than 500 new jobs posted in the Tech and Engineering sectors during October, Oxford and Cambridge provide homes to some of the UK’s most innovative employers whose growth is reliant upon the ability to attract top graduate and post-graduate talent.Other cities benefiting from positive salary growth during October include Edinburgh (5.5%) and Bristol (4.4%), which have increasing job availability in the Financial Services sector.Commenting on the latest figures, James Reed, Chairman of  reed.co.uk, said:“The increase in annual pay in certain cities is indicative of the investment being made by companies to attract top talent in growing industries like Technology and Engineering.Many employers are fa cing a talent crunch. Substantial skills gaps are emerging and higher salary expectations are leading to more movement in the jobs market.”The latest figures also reveal the top year-on-year growth sectors, based on the number of jobs advertised.These are Transport and Logistics (66.59%), Hospitality and Catering (63.34%) and Construction and Property (55.34%). The Education (22.84%) and Charity and Voluntary (19.50%) sectors have seen the most growth in job vacancies month on month.Find a job What Where Search JobsSign up for more Career AdviceSign up for moreCareer Advice Please enter a valid email addressmessage hereBy clicking Submit you agree to the terms and conditions applicable to our service and acknowledge that your personal data will be used in accordance with our privacy policy and you will receive emails and communications about jobs and career related topics. Features Salaries