- Two thirds (67%) of HR directors are more willing to negotiate salaries with leading job candidates than 12 months ago
- Upfront negotiation – a fifth (21%) of HR directors think it is appropriate for candidates to initiate remuneration discussions during the application process or first interview
- 5% wage increases for existing employees expected in the next 12 months
As the war for talent heats up and the UK rapidly enters a candidate’s jobs market, new research1 from a leading recruitment specialist reveals companies are increasingly willing to enter into salary negotiations to secure top talent. Two-thirds (67%) of HR directors are more willing to negotiate salary rates with top candidates than a year ago, signalling to applicants that they are now in a strong position to push for higher salaries and benefits packages.
The study also reveals the changing attitude of hiring managers to discussing remuneration packages with would-be employees. Historically candidates have been dissuaded from proactively discussing their potential salary, especially early in the recruitment process. However, the research reveals that less than one in 10 (7%) of HR directors now feel the company should always be the first to initiate remuneration discussions.
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