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Growing salaries for graduate opportunities as 'war for talent heats up'

Published: Monday, 14 February 2011   Category: All Graduate job news

The prospects are good for people looking to move in graduate vacancies in the first half of 2011, according to a recruitment consultancy.

Dave Fleming, sales director at Badenoch and Clark, predicted that starting wages were likely to climb in the coming months as firms try to secure the top graduates.

He explained: "We are starting to see more companies counter offer, increasing salaries as the war for talent heats up.

"As such, there is likely to be some salary inflation over the coming months."

Mr Fleming added that growing economic confidence among businesses meant they were once again looking to add skilled employees to their workforce, with many making interviews more challenging, to find the top employees.

"Many employers are searching harder than ever before for talent - and as competition for talent increases, demand is likely to rise accordingly. This can only be a good thing for candidates looking to move in the first half of the year," he said.

Last week, the Report on Jobs released by KPMG and the Recruitment and Employment Federation found that average salaries for permanent staff rose in January.

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