Jessica Higham works in the marketing department of Sellick Partnership, a recruitment agency specialising in the finance, procurement and legal sectors. Established in 2002, the firm has expanded to six offices, offering recruitment solutions nationwide.
It’s hardly surprising that the first six months of 2014 have seen some key changes for finance professionals. With the release of our finance and accountancy salary survey and market guide, we discovered some interesting facts that could result in even more changes. According to our data – collected from over 500 respondents and insider knowledge from our senior management team – an average of 54% of finance professionals are looking to move within the next 12 months. With this feeling, the highest calibre individuals on the market will be in the strongest position to move as organisations try to replenish their headcount whilst retaining the most efficient workforce.
Employers are going to have to recognise this desire in order to continue growing in the currently positive economy; they should be under no illusions that their current brand or recruitment techniques will retain the best talent on the market. This will result in businesses focusing on a range of elements in their benefits packages if they are to attract the modern job seeker; basic salary will no longer be enough, with allowances such as annual leave, flexible working and generous pension contributions instead becoming of larger importance.
Similarly, employees will increasingly be seeking out these packages in order to achieve the work-life balance they desire. Holidays remain at the top of the benefits packages for finance professionals, with 43% responding that it is the most important, a trend we have seen continue from last year and which we believe will be at the forefront of worker’s minds for the foreseeable future. In a largely candidate-led market, finance professionals will have more control over their remuneration, choosing benefits that best suit them as an individual as opposed to a ‘one size fits all’ approach.
Although we discovered that 26% of companies are looking to recruit, this doesn’t mean individuals will struggle to find work. Rather, when you consider that an average of 54% of respondents said that they are looking to change role, businesses are going to be replacing headcount as opposed to expanding their teams. Many finance professionals will have to familiarise themselves with new expectations of their role – we’re finding that companies are less focused on the technical abilities but rather having a forward-thinking individual in a finance function – but they are set to be faced with a wealth of opportunities in the coming months.
Latest opportunities from Sellick Partnership include:
- Financial Accountant, Liverpool
- Accounts payable Administrator, Darlington
- Senior Strategic Manager, Manchester
- Management Accountant, West Midlands
- Senior Assurance and Compliance Manager, Cheshire
Browse more of their latest jobs here