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Latest trends in Finance recruitment


Accelerate, our monthly Finance market report, highlights interesting trends and key findings across Finance recruitment, providing you with insight into candidate activity, demand by job vacancies, sector and job titles, and changes to salaries and pay rates.  Our monthly focus provides comment on topical and relevant issues affecting the Finance industry, this month exploring the current skills shortage among graduates and how the industry could help to bridge that gap.

Highlights from the latest July report include the identification of a substantial decline in candidate applications within Finance throughout the first half of 2012, down 19.76% from January to June.   Not surprisingly, job vacancies have mildly increased since the beginning of 2012 across both permanent and contract roles.   This means a higher level of competition amongst employers to attract the strongest talent, as Finance professionals have more opportunities to choose from and can afford to be slightly more selective about which roles they accept.

Across the top ten searched terms, throughout June, all terms experienced noticeable decreases in searches.  Candidates seeking senior director level roles saw the most significant decline, with the largest monthly decrease in searches for Finance Director roles, down 15.06%.  Given the level of volatility that exists in the current economic environment, it is perhaps not surprising that many senior level candidates are expressing hesitation over moving into new and perhaps uncertain territory and instead, opting for job stability. 

Across permanent Finance vacancies, the Legal sector experienced the most significant increase in job vacancies in June, up 15.96% since May.  The largest monthly decrease in vacancies could be seen within Senior Appointments, where vacancies were down 3.60% compared to the previous month.  In the contract market, the Engineering and Manufacturing sector saw the highest increase in Finance contract roles, up 3.38% since May.

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