There appears to be some encouraging news concerning salaries for graduate job vacancies in Britain. New data, recently released by the Recruitment and Employment Confederation, and professional service firm Klynveld Peat Marwick and Goerdeler, otherwise known as KPMG point to the fact that employers are willing to attract suitable prospects by offering compelling wages.Employers and companies with graduate job vacancies are quickly beginning to realise, that in the highly competitive world of employment, in order to attract talented people, salaries is one of the tools that should be made to entice. Salary increases have been minuscule over the last 5 years, and in many cases, some graduates may even be behind the curve when it comes to wage acceleration. Since last month, job figures released from KPMG and the REC show the biggest increase in the last year, and the number of people who have been placed in permanent positions has also increased.The largest number of graduate job vacancies now appears to be in the northern region of the country, and the rate of the increases exceeds those of other regions. Vacancies in the South and in the Midlands also appear be on the rise, although they may be at a much slower rate.The job market appears to getting competitive, and competition for talent appears to be increasing. All expectations are that in the next coming months, as the year 2013 progresses, there is going to be more increases in the starting salaries for good prospective candidates. According to officials from the REC, there appears to be a war for talent, and qualified job seekers can expect to benefit.Salaries have been trending up over the last nine months, and the month of January showed the biggest increase of the period. The contributing factors appear to be the increase in the number of permanent positions that is simultaneously coupled with the decrease in available candidates.One of the areas where the shortage appears to be most noticeable is in the IT and engineering sectors, and it appears to be largely responsible for the increases in salaries. There were also other areas where the lack of skills were forcing wages upwards, and that includes service personnel, qualified chefs, and even in the area of sales.Finding a graduate vacancy that pays relatively well, may now be a bit easier that it was a year ago, and the best place to begin may be right in your home town. Although the job market appears to be improving, there are still the required steps of research and proper planning that are needed to land the right job. Professional assistance in navigating the market is an additional benefit, that even graduates can find to be of great use.The problem of finding the job still exists, and although the odds of landing a well paying job may have improved, the choice of the company now becomes important. You should determine your preference for the type of business for which you would like to work. Working for small a business, may suit some people, while others may prefer the formality and protocols in a larger corporation. They may also be culturally different, and the choice could affect the outcome of your career.