Higher salaries key to attracting talent

Mon, 26 Apr 2010

Senior managers in finance and accountancy are increasingly looking to higher salaries as a way of enticing them to move to new jobs, according to a survey by Antal Russia (part of the FiveTen Group).

The majority (29%) expect at least 30% increase to move to a new job. More than one in 10 (12%) of finance and accountancy professionals will move if they are offered a 10-15% increase. Only 3% are ready to change employer while maintaining their current basic salary.

“The number of vacancies has grown noticeably, but some international companies still are under the impression that high profile managers can be hired for relatively low salaries,” says Olga Ivanova, manager at Antal Russia Finance Recruitment.