Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Equality, diversity and inclusion
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Shared parental leave
    • Redundancy
    • Maternity & Paternity
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
    • OHW Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Equality, diversity and inclusion
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Shared parental leave
    • Redundancy
    • Maternity & Paternity
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
    • OHW Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+

Online recruitmentRecruitment & retention

Supply and Demand for City Financial Recruitment Increases

by Personnel Today 16 Mar 2011
by Personnel Today 16 Mar 2011

Recruitment for lucrative finance jobs in the City of London has seen significant rises in both supply and demand in January, as confidence in the post-recession recovery spreads to the workforces.

New figures show that in excess of 6,000 jobs were created in the City in February – a rise of more than 30 per cent on the figure from the same period in 2010 and six per cent more than the number for January.

The rise in the number of jobs becoming available, however, has been matched by increasing numbers of finance professionals looking for new jobs. It is thought that dwindling bonuses and regulatory changes are behind statistics that show that applications for finance positions have risen by 47 per cent.

One specialist recruitment agency said it received 7,400 applications in February, up from 5,020 in February 2010.

Geoff Newman, recruitment expert from web recruitment agency Recruitment Genius is preparing for a surge in the staff turnover, with some estimating that it could reach as high as 20 per cent.

“Now all the ‘banker bashing’ is over and confidence is being restored to the finance sector the mood in the City is changing with many bankers – who only stayed for job security – preparing to leave.

Avatar
Personnel Today

previous post
Video: Will Hutton discusses his public sector pay proposals
next post
Weekly dilemma: Dismissal before a bonus falls due

You may also like

Employees resigning in 2022: Survey shows ‘great resignation’...

24 May 2022

NHS should upskill admin staff to reduce waiting...

23 May 2022

City firms pledge to improve social mobility in...

20 May 2022

One in five employers planning ‘no jab no...

19 May 2022

Nurses leaving due to pressure and workplace culture

18 May 2022

Number of working people with disability up 1.3...

17 May 2022

Wages fall 1.2% behind inflation as cost of...

17 May 2022

Lack of flexibility pushes half of women to...

16 May 2022

EasyJet joins battle for cabin crew with £1,000...

16 May 2022

How to build a compelling talent attraction strategy...

12 May 2022
  • Strathclyde Business School expands its Degree Apprenticeship offer in England PROMOTED | The University of Strathclyde is expanding its programmes...Read more
  • The Search for Talent: Six Major Employer Pitfalls PROMOTED | The Great Resignation continues unabated...Read more
  • Navigating the widening “Skills Confidence Gap” in 2022, and beyond PROMOTED | Cornerstone OnDemand conducted a global study...Read more
  • Apprenticeships are the solution to your recruitment problems PROMOTED | Apprenticeships have the pulling power...Read more
  • What it really means to be mentally fit PROMOTED | What is mental fitness...Read more
  • How music can help to ease anxiety at work PROMOTED | A lot has happened since March 2020, hasn’t it?...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2022

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2022 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Equality, diversity and inclusion
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Shared parental leave
    • Redundancy
    • Maternity & Paternity
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
    • OHW Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+