Birmingham’s rising salaries, low living costs and quantity of major global firms are persuading more professionals to start and develop their careers in the UK’s second city rather than London.
That’s the opinion of a major national recruitment firm based on comparative research – and the views have been supported by top business, finance and legal professionals living and working in Birmingham.
Plus, the Office of National Statistics has also reported that Birmingham attracts more people from London than it loses, with a net import figure of 1,230 in 2016 and 660 in 2017.
Lee Biggins, founder and managing director of CV-Library, said: “Birmingham’s economy is currently booming and there are financial benefits of working in the city, making it a great location to seek employment.
“According to our research, advertised salaries in Birmingham rose by 9.9% in August 2018 compared to last year, nearly three times the rate of salary growth in London, which only saw a 3.8 per cent increase in August.
“A further study found that while Londoners pay 37.1% of their monthly salary on living costs, workers in Birmingham only spend 18.2% of their wages, making professionals in this city better off financially than those in the capital.
“Another recent piece of research found that Londoners spend a staggering £425 a month on work-related expenses, such as lunch and commuting, while professionals in Birmingham spend just under half of this at £210 per month.”
This all adds up to make Birmingham the destination of choice. If you’re considering where best to launch your career after graduating from University, then look no further – Birmingham it is!
Sales Director of Warm Welcome Homestays - passionate about Birmingham and a long track record of working with students.