Survey shows finance professionals in short supply

Talent shortages continue for UK employers of finance professionals, according to the latest annual global financial employment monitor by recruiter Robert Half.

The study, focusing on hiring difficulties, retention concerns and other staffing-related issues, questioned more than 6,300 financial leaders across 19 countries.

Of those questioned in the UK, particular difficulties were reported in finding skilled candidates in the areas of finance (29%), audit (25%), accounting (16%), and compliance (16%).

The study also evaluated employers; concerns about losing top financial performers. Over half (52%) of UK employers were apprehensive, compared with the global average of 45%.

Phil Sheridan, managing director of Robert Half UK, commented: “It is clear from this study that finance and business leaders around the world are beginning to experience difficulties in finding the right talent. Employers are now looking at new ways to retain their top people.”

The survey also found that nearly two-thirds of respondents cited increasing compensation as their most common method of attracting talent over the coming year, followed by investing in training and providing opportunities for career advancement.

Sheridan added: “Although the global hiring mood remains cautious, there are signs that business confidence is rising. For finance professionals, this has created opportunities for those looking for new finance positions.”

Comments are closed.