London Daily

Focus on the big picture.
Thursday, Nov 06, 2025

£150,000 starting salaries as firms fight for staff

£150,000 starting salaries as firms fight for staff

A professional recruitment firm says it is placing graduate lawyers on starting salaries as high as £150,000 amid a shortage of workers.

Alan Bannatyne, chief financial officer at Robert Walters, told the BBC people in many UK industries were quitting for better paid jobs amid soaring demand.

"15% is the minimum pay rise we're seeing, but some are increasing their salaries by up to 50%," he said.

"Unless something significant happens, 2022 should be even better for staff."

UK job vacancies have hit record levels since the economy reopened as employers scramble to meet demand.

Robert Walters, which focuses on placing professionals in roles, said this had put firms in a "fierce competition for talent" and it was "incredibly hard to find the right people".

Employers have put up salaries to attract workers, although Mr Bannatyne said there had been "winners and losers" from Covid and not everyone was in a position to pay well.

"Bricks-and-mortar retailers and airlines have really struggled so will probably not be paying bonuses or giving pay rises," he told the BBC.

"So they become a hunting ground for other high growth businesses, such as online retailers, anything to do with technology and digital, and manufacturers of household goods."

Robert Walters, which has offices in Asia, Europe and the US, said it had seen its best December ever, with net fee income up 39% globally.

Recruitment agency Manpower said it was seeing a similar trend, as employers struggled to fill vacancies for highly-skilled positions.

UK director Chris Gray told the BBC: "It is absolutely a candidate-led market right now.

"Those with the in-demand skills hold the power, and have the freedom and flexibility to accept a job that suits their particular needs and expectations."

'Huge' bonus pool


Skills shortages have been particularly pronounced in sectors such as law, where vacancies for London-based associates rose some 131% year-on-year between January and November last year, according to research from recruiter BCL Legal and data firm Vacancysoft.

Newly qualified lawyers at the best-known firms are now reportedly earning as much as £147,000 before bonuses.

City banks have also boosted starter salaries to retain talent and Robert Walters predicts the bonus pool this year will be "huge".

Wages have also been increasing in lower paid jobs. Last week, Sainsbury's became the latest supermarket to pay shop workers at least £10 an hour, following similar moves from Morrisons, Lidl and Aldi.

Many workers have revaluated their careers during lockdown and changed jobs or left the workforce, in what some have labelled the "great resignation".

It has helped to drive up salaries across the UK, with growth in average pay including bonuses standing at 4.9% year-on-year between August and October.

James Reed, chairman of recruitment agency Reed Recruitment, said the UK was in the midst of a "jobs boom" that showed no signs of abating.

"It's the best time in 50 years to look for a new job, in a situation where the pendulum has swung in jobseekers' favour."

Newsletter

Related Articles

0:00
0:00
Close
UK Pre-Budget Blues and Rate-Cut Concerns Pile Pressure on Pound
ITV Warns of Nine-Per-Cent Drop in Q4 Advertising Revenue Amid Budget Uncertainty
National Grid Posts Slightly Stronger-Than-Expected Half-Year Profit as Regulatory Investments Drive Growth
UK Business Lobby Urges Reeves to Break Tax Pledges and Build Fiscal Headroom
UK to Launch Consultation on Stablecoin Regulation on November 10
UK Savers Rush to Withdraw Pension Cash Ahead of Budget Amid Tax-Change Fears
Massive Spoilers Emerge from MAFS UK 2025: Couple Swaps, Dating App Leaks and Reunion Bombshells
Kurdish-led Crime Network Operates UK Mini-Marts to Exploit Migrants and Sell Illicit Goods
UK Income Tax Hike Could Trigger £1 Billion Cut to Scotland’s Budget, Warns Finance Secretary
Tommy Robinson Acquitted of Terror-related Charge After Phone PIN Dispute
Boris Johnson Condemns Western Support for Hamas at Jewish Community Conference
HII Welcomes UK’s Westley Group to Strengthen AUKUS Submarine Supply Chain
Tragedy in Serbia: Coach Mladen Žižović Collapses During Match and Dies at 44
Diplo Says He Dated Katy Perry — and Justin Trudeau
Dick Cheney, Former U.S. Vice President, Dies at 84
Trump Calls Title Removal of Andrew ‘Tragic Situation’ Amid Royal Fallout
UK Bonds Rally as Chancellor Reeves Briefs Markets Ahead of November Budget
UK Report Backs Generational Smoking Ban Ahead of Tobacco & Vapes Bill Review
UK’s Domino’s Pizza Group Reports Modest Like-for-Like Sales Growth in Q3
UK Supplies Additional Storm Shadow Missiles to Ukraine as Trump Alleges Russian Underground Nuclear Tests
High-Profile Broodmare Puca Sells for Five Million Dollars at Fasig-Tipton ‘Night of the Stars’
Wilt Chamberlain’s One-of-a-Kind ‘Searcher 1’ Supercar Heads to Auction
Erling Haaland’s Remarkable Run: 13 Premier League Goals in 10 Matches and Eyes on History
UK Labour Peer Warns of Emerging ‘Constituency for Hating Jews’ in Britain
UK Home Secretary Admits Loss of Border Control, Warns Public Trust at Risk
President Trump Expresses Sympathy for UK Royal Family After Title Stripping of Prince Andrew
Former Prince Andrew to Lose His Last Military Title as King Charles Moves to End His Public Role
King Charles Relocates Andrew to Sandringham Estate and Strips Titles Amid Epstein Fallout
Two Arrested After Mass Stabbing on UK Train Leaves Ten Hospitalised
Glamour UK Says ‘Stay Mad Jo x’ After Really Big Rowling Backlash
Former Prince Prince Andrew Faces Possible U.S. Congressional Appearance Over Jeffrey Epstein Inquiry
UK Faces £20 Billion Productivity Shortfall as Brexit’s Impact Deepens
UK Chancellor Rachel Reeves Eyes New Council-Tax Bands for High-Value Homes
UK Braces for Major Storm with Snow, Heavy Rain and Winds as High as 769 Miles Wide
U.S. Secures Key Southeast Asia Agreements to Reshape Rare Earth Supply Chains
US and China Agree One-Year Trade Truce After Trump-Xi Talks
BYD Profit Falls 33 % as Chinese EV Maker Doubles Down on Overseas Markets
US Philanthropists Shift Hundreds of Millions to UK to Evade Regulatory Uncertainty in Trump Era
Israeli Energy Minister Delays $35 Billion Gas Export Agreement with Egypt
King Charles Strips Prince Andrew of Titles and Royal Residence
Trump–Putin Budapest Summit Cancelled After Moscow Memo Raises Conditions for Ukraine Talks
Amazon Shares Soar 11% as Cloud Business Hits Fastest Growth Since 2022
Credit Markets Flooded with More Than $200 Billion of AI-Linked Debt Issuance
U.S. Treasury Secretary Scott Bessent Says China Made 'a Real Mistake' by Threatening Rare-Earth Exports
Report Claims Nearly Two Billion Dollars in Foreign Charity Funds Flowed into U.S. Advocacy Groups
White House Refutes Reports That US Targeting Military Sites in Venezuela
Meta Seeks Dismissal of Strike 3’s $350 Million Copyright Lawsuit
Apple Exceeds Forecasts With $102.5 Billion Q3 Revenue Despite iPhone Miss
Israel's IDF Major General Yifat Tomer-Yerushalmi Admits to Act Amounting to Aiding Hamas During Wartime (Treason)
Shawbrook IPO Marks London’s Biggest UK Listing in Two Years
×