Event salaries on rise due to shortage of talent

A shortage of talent is driving a rise in salaries, according to a number of recruitment agencies in the UK events industry.

Event salaries on rise due to shortage of talent
Event salaries on rise due to shortage of talent

UK recruiters have said that event professionals are lacking experience for mid-level and senior roles in the events industry as a result of agencies and corporates failing to properly nurture talent during the recession.

"There is an unequal balance between the number of people against the number of jobs," said James Walton, director, Live Recruitment. "As a result, businesses are paying the upper end of salary brackets to get the best talent because there are not enough good people.

"Before the recession, people were employed by agencies and corporates at junior levels and then were promoted to more senior roles within the company.

"However, in the last few years this hasn’t been happening and, as a result, there is no talent pool."

Liz Sinclair, director, ESP Recruitment, agreed: "Its has changed from a client market to a candidate market. Before, clients could pick and choose the best candidates for the role but now if they wait too long they get snapped up."

Recruitment on rise

All three recruitment agencies stated that the industry has significantly picked up in 2014, with the volume of businesses recruiting event professionals rocketing, according to Walton: "In the first quarter, the larger agencies took on new people across all areas from event delivery to director roles.

"In the second quarter, we saw smaller agencies ramp up their recruitment. Overall, 2014 has been much better than last year, but there is a smaller pool of talent competing for the best jobs."

Sinclair stated that recruitment in August, a historically quiet month, was up by 62% thanks to improvement in both corporate and sporting event sectors.

Chris Mear, director, told C&IT that Right Connection Recruitment is expecting 2014 to be its biggest year, with an increase in senior appointments from corporates.

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