“Financial services recruitment on the rise”

Only 37% of businesses within the industry planned to increase headcount in 2013, meaning there has been an increase of 13 percentage points in a year.

 

The Thomsons Employee Rewards Watch is based on a survey of senior HR professionals at 70 financial services companies, comparing the figures to those of the previous year.

 

There is also a decrease in the number of employers looking to reduce staff numbers in 2014, down 13% from 22% in 2013.

 

The report suggests there is a shift in pay strategy as well. Role-by-role pay increaseshave doubled since 2013 (from 23.5% to 47% ), while standard pay rises have roughly halved (33% to 18%).

 

For more on this article please click on the link below:

 

http://www.hrmagazine.co.uk/hro/news/1145596/half-financial-services-employers-increase-headcount

 

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