According to data from the largest sector recruiter Pentasia, the average total salary from 1 July 2019 to 30 June 2020 was £58,264, showing a 1.25% year-on-year decrease. Pentasia also analyzed average salaries pre- and post-pandemic. The average salary from July 2019 to January 2020 was £55,000, which dropped 1.8% to £54,000 between March and June due to the effects of the pandemic.
Some departments and specialisms, particularly sales and product, experienced a decrease in roles and salary levels. Marketing also took a noticeable hit during this period. However, redundancy rates remained low, and employers maintain a high level of confidence for future employee growth.
There is a notable difference in perceptions of remote working between employers and workers. While employees see it as a desirable long-term goal, employers are generally less inclined to continue with it.
The full InnovateChange Pentasia Salary Survey for 2020 will be published this month on InnovateChange If you are interested, you can read an overview of last year’s survey and find more in-depth analysis of regional trends, hiring trends by specialism, and demand for different skillsets.
