According to recruitment consultant Robert Walters, job vacancies increased during the third quarter as businesses continued to look for professionals to fill the existing gaps in the market, despite uncertainty around Brexit.
Robert Walters director Phill Westcott said, “Demand has been strong throughout the year for finance professionals, particularly at mid-level with employers facing significant skills shortages.”
There has been a shift towards more employers making use of contractors to create a more flexible workforce, he added, especially due to the challenges and shifting economic conditions around Brexit.
Professionals with niche skill sets have also been highly sought after, the job index survey found, with technical group accountants, transactional leads and analysts in high demand.
Employers have been forced to push up salaries and contractor day rates in order to fight the skills shortages of regulatory specialists, who have been in strong demand due to pressure from regulators.
The survey also revealed that finance professionals are placing more importance on company culture, team dynamic and the potential for career progression rather than salary when choosing an employer.