Salaries are moving in the automotive sector

We keep a close eye on automotive industry data; it helps us understand what’s really going on out there. And we’ve spotted some significant movement recently.

A key insight coming through in the IMI’s Automotive Job Postings Briefing is an increase in advertised salaries. All occupations have seen increases over the past three years:

• Vehicle Technicians are seeing the largest percentage increase in the last six months, with average advertised salaries increasing by 5.5%
• Tyre, exhaust and windscreen fitters have seen the largest increases over the three-year period, increasing by 21.3%

While overheated salary expectations can put pressure on employers, they’re also obviously a positive for individuals. And they’re potentially a positive for the sector as a whole. At the IMI we regularly hear questions about how the sector can attract talent and minimise churn; in this context it’s good to see the industry evolving and salaries going up.

Monitoring salaries is only one part of the research we do at the IMI. You’ll find more at the IMI’s Automotive Intelligence and Research pages, which includes Skills Profiles, EV Forecasts, and Automotive Education. I hope you find the information useful.

In the meantime if you have any other questions, please get in touch on +44 (0)1992 519025, or send an email to hello@theimi.org.uk and we’ll try out best to help.

With my very best wishes

Emma