Advertised salaries for jobs in the human resources (HR) sector have increased by 2.6% since the end of 2016, according to research by Reed Human Resources.
Its analysis of over seven million job postings between 2015 and 2017 also found that advertised salaries for learning and development managers increased by 7% since last year, while job postings for recruitment co-ordinators recorded an advertised salary increase of 6%. Advertised salaries for HR project managers have risen by 5% over the same time period.
HR positions advertised in London showed an advertised salary increase of 4.2%, compared to job postings in the North West and East Midlands, where advertised salaries increased by 3.1% and 3% respectively.
The number of HR jobs posted has increased by 5% since last year.
Chris Adcock, divisional director at Reed HR, said: “Staff turnover costs [organisations] £4.13 billion each year, so [organisations] want to recruit the best HR talent to help cut these costs. As a result, hiring managers are asking their boards to commit more money towards recruitment of new staff, and that is reflected in the advertised salaries.
“What this data shows is that, during 2018, those [organisations] which are struggling to attract the right talent will need to be ready to increase the salaries they offer.
“As already seen in other sectors, [artificial intelligence] and robotics will naturally replace some roles within the industry. However, [organisations] and candidates know that where there is change there is always opportunity. The key is to embrace the technological revolution. Humans will always be required to operate this innovative and complex technology and we aren’t going to see [artificial intelligence] and robotics technology in the workplace overnight.
“Many [organisations] are looking to invest in people with the skills needed to adapt to this new order. HR professionals will need to focus upon demonstrating a strong understanding of how new technology can work effectively and streamline processes, along with varied experience and, as ever, strong people management skills. HR professionals with a combination of these skills will be in great demand in 2018 and beyond.”
