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Professional wage growth to extend into 2015

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Wage growth in professional services roles is set to continue into 2015, according to research by professional recruiters Robert Half.

The 2015 Robert Half Salary Guide, based on data from the company’s recruitment databases and appointment information, revealed that salaries for professional roles have risen by 2.6% over the past year. 

The role that is predicted to see the biggest increase in pay for 2015 is regulatory accounting manager within financial services, with a potential uplift of 5.9%. In technology, it is predicted salaries for chief information security officers could rise by 5.7%.

The report also looks at recruitment trends for entry-level roles. It suggests the hardest entry-level job to fill is HR assistant, with 30% of HR managers admitting to difficulties in hiring. This is followed by office management (27%) and logistics support (25%).

Robert Half director of corporate accounts Clive Davis told HR magazine that as candidates have more choice in the job market, employers may need to look at offering “the whole package” to attract top talent. In an earlier study, it was predicted HR professional salaries could rise by 10%.

“HR directors will be looking at how to make sure their company is an all-round great place to work,” he said. “It’s no bad thing. Factors such as enhanced pensions are being looked at by an increasing number of employers now to help them stand out from the crowd.”

Davis added that prospects for jobseekers are positive.

"Compared to two or three years ago they have a lot more options," he said. "And that increased employment is helping to drive up wages. It's set to continue well into 2015, but beyond that it gets harder to predict."