Accountancy & finance - our market view
Turmoil in the credit markets, economic growth forecasting below trend for the next three years, 2008 corporate profit forecasts expected below expectation with potential profit warnings....
....how this will feed into the London accountancy & finance employment market still remains unclear, but we can confidently assume that there will be a reduced willingness for individuals to move which will make it harder for firms to hire - with demand continuing to outstrip supply.
We anticipate demand for senior finance professionals to continue to grow as their roles continue to commercialise and they deliver higher operational value. Whilst this is great news for finance professionals, this is not so good for hiring companies. It will have an adverse impact on the hiring process as counter-offers and buy-backs continue to be prevalent, and competition for each candidate increases. Employers will no longer be able to just rely on the strength of their brand. Hiring processes will need to be slick and firms will need to move quickly to land the best talent.
As employers find it difficult to replace roles on the permanent payroll, demand for Interim and temporary staff will continue to grow, resulting in further upward-pay pressures across the whole market of financial services.
Our proactive, consultative approach positions us as your ideal recruitment partner during these uncertain times. With a skilled team of consultants, each an expert in his/her own sector, we possess market knowledge which is specific to you and critical to identify, target and source the right individual for your business.
As specialists in accountancy and finance, we are in the best position to source and secure the right people for your business, please contact us to help with your recruitment.
Our consultant's unique candidate-focussed approach has positioned us as a 'career partner' to many at part-qualified level. Our specific industry knowledge and the impartial advice we are able to offer finance professionals whilst they study means we remain close to this particular market at all times and are often the first port of call for part of newly qualified finance staff. This further enables us to add value to your business in what remains an intensely competitive area of recruitment.
Within accountancy and finance we employ specialist teams within the following practice areas:
Please click on the links to find out more information