Saudi Press

Saudi Arabia and the world
Saturday, Mar 07, 2026

£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

Saudi Press
0:00
0:00
Close
U.S. Justice Department Pursues Criminal Cases Against Cuban Officials in New Legal Push
Abrupt Cancellation of U.S. Army Exercise Sparks Speculation Over Possible Middle East Deployment
Saudi Arabia Led OPEC Output Surge Ahead of Iran Strikes, Survey Finds
Cristiano Ronaldo Travels to Spain for Hamstring Treatment After Injury in Saudi Pro League Match
Saudi Aramco Reroutes Oil to Red Sea as Strait of Hormuz Disruptions Hit Gulf Exports
Saudi Arabia Presses Ahead With Economic Diversification Despite Fiscal and External Deficits
Middle East Conflict Puts Bahrain and Saudi Arabian Formula One Races at Risk
Iran Targets Israeli Diplomatic Site in Bahrain and US Air Base in Qatar as Regional Conflict Expands
Saudi Arabia Intercepts Three Ballistic Missiles Targeting Prince Sultan Air Base
Iran Launches Fresh Missile and Drone Attacks Across Middle East as Regional War Intensifies
Saudi Arabia Opens Direct Communication Channel With Iran in Bid to Prevent Wider Regional War
Saudi Arabia Maintains Strong Fiscal Position Despite Global Uncertainty, Finance Ministry Says
Saudi Arabia Considers Response After Iranian Drone Strike Hits Major Northern Oil Refinery
Saudi Carrier Flynas Plans Limited Flight Resumption to Dubai Amid Regional Tensions
Saudi Arabia and UAE Pledge Close Coordination to Secure Oil Supplies for Japan
Middle East Conflict Casts Doubt Over Bahrain and Saudi Arabian Formula One Races
Iran Rejects Claims of Attacks on Türkiye, Azerbaijan, Saudi Arabia and Oman
Saudi Arabia Condemns Iranian Strikes Targeting Türkiye and Azerbaijan
Saudi Pro League Orders Clubs to Continue Matches Despite Escalating Regional Conflict
U.S. Embassy in Riyadh Issues Emergency Security Alert After Drone Strike and Escalating Regional Threats
Saudi Arabia Scrambles to Redirect Oil Exports as Gulf Storage Nears Capacity
Iran Expresses Gratitude to Saudi Arabia for Closing Airspace During Escalating Conflict
Saudi Arabia Fears Iranian Strikes Could Target Senior Leaders as Regional War Escalates
Iran Says Its Strikes Target Only U.S. Military Assets and Denies Attacking Saudi Arabia
Drone Strike Hits U.S. Embassy in Riyadh as Middle East Conflict Escalates
Tom Brady’s Saudi Flag Football Event May Shift to U.S. as Middle East Conflict Disrupts Plans
Iran War Strikes Saudi Arabia at a Critical Moment for Its Economic Transformation
Saudi Cabinet Declares Kingdom Will Take All Necessary Measures to Defend National Security
United States Urges Citizens to Leave Fourteen Middle Eastern Countries as Iran War Escalates
Saudi Aramco’s Ras Tanura Refinery Targeted Again in Second Drone Attack Within Two Days
Saudi Pro League Orders Clubs to Continue Fixtures Despite Rising Middle East Conflict
Trump Pursues Major Civil Nuclear Agreement With Saudi Arabia Amid Regional Turmoil
Mass Drone Attacks Strike Gulf States as Iran Conflict Spreads Across Region
No Verified Confirmation of Ronaldo Departure Linked to Iran Conflict or AFC Suspension
No Verified Evidence of Israeli Intelligence Arrests in Qatar or Saudi Arabia
Drone Attack Forces Temporary Shutdown of Saudi Arabia’s Largest Oil Refinery
Israel Intensifies Air Campaign in Tehran as Iran Expands Regional Retaliation
Iranian Strikes Escalate Middle East Conflict, Drawing Saudi Arabia Closer to Wider War
No Verified Confirmation of Drone Strike on King Fahd Causeway Amid Regional Tensions
No Verified Evidence Saudi Crown Prince Is Seeking to Weaken Israel Amid Regional Tensions
Reports Emerge of Drone Strike Near US Embassy in Saudi Arabia as Americans Told to Shelter
Saudi Arabia Weighs Strategic Options as Tensions With Iran Intensify
Iran Expands Strikes on Saudi and Qatari Infrastructure, Opening a New Front in Gulf Conflict
Western Navies Sound Alarm as Russian Shadow Tankers Transit NATO Waters in Defiance of Sanctions
U.S. Embassy in Riyadh Struck by Drones Amid Escalating Iran Conflict
Imola Emerges as Standby Venue if Bahrain or Saudi Arabia Grands Prix Are Cancelled
Uncertainty Clouds $24 Billion Gulf Investment Linked to Paramount–WBD Deal
Middle East Strikes Disrupt Qatar LNG, Saudi Refining and Israeli Energy Fields
Gulf States Signal Possible Collective Action Over Iran’s Escalating Strikes
Saudi Arabia Summons Iranian Ambassador After Cross-Border Attacks
×