It's time for the Bank of Scotland monthly "report on jobs". Yet again, they are reporting record permanent salaries in the private sector. Naturally, the demand for permanent staff has increased as has the supply, to the point it is now "a cause for concern".
July saw the second consecutive record-increase in permanent salaries across Scotland. To put the figures into perspective, the rate of increase is now higher than the UK average.
It's not just permanent salaries going up, not surprisingly, they report a strong increase in contractor rates too. Hourly rates are now at a four-month high.
Sector-wise, IT came top of the tree for the increase in demand for permanent staff.