Procurement professionals based in London are predicted to receive 8% salary increases this year, according to data from Robert Walters. In its latest salary survey, the recruiter says that IT professionals specialising in cyber security will also receive inflation-busting increases of 7%.
Demand for professionals in the capital has remained steady, despite the uncertainty surrounding the general election last year and Brexit, with the result that employers are increasing the salaries offered for specialists with in-demand skills, Robert Walters says. Demand for procurement professionals has increased as employers prepare to develop new supply chains once Britain develops trading relationships outside the European Union.
Chris Hickey, CEO of Robert Walters in the EMEA countries, says:
‘While it is clear that businesses will have to adapt to changing circumstances as Britain negotiates its exit from the EU, the prevailing attitude is one of measured optimism, with employers prepared to invest in securing top calibre professionals.’