Demand rises for accountancy and finance staff, says Hays

Almost half (48%) of UK employers are looking to hire more accountancy and finance professionals in 2014, compared with 44% in 2013, according to the Hays 2014 Accountancy & Finance Salary Guide.
Tue, 22 Apr 2014Almost half (48%) of UK employers are looking to hire more accountancy and finance professionals in 2014, compared with 44% in 2013, according to the Hays 2014 Accountancy & Finance Salary Guide.

This is in line with the growing number of firms (68%) who anticipate their business activity will increase over the next 12 months, up by 10% from 2013, says Hays.

According to the guide, there has been increased demand for professionals with niche skills, such as tax, payroll and credit management, as well as for those who can act as a consultative business partner to their employer. Many small to medium-sized businesses are also actively hiring finance managers with all-round finance and accounting skills.

Mark Sheldon, managing director of Hays Accountancy & Finance, says: “We are seeing growing confidence among employers and candidates. Many firms, including SMEs, are taking on more accountancy and finance professionals.

“With 48% of finance professionals looking to change jobs this year and fewer believing there is scope for career progression in their own organisation, the pressure is on employers to retain and attract talented individuals. We expect this to result in a steady increase in salaries and an improvement in benefits packages over the course of the year.”

This has boosted salaries in the accountancy and finance industry, with 70% of employers reporting pay has already increased in the past 12 months.

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