Are we out of the woods?

You’d be forgiven for not being sure about the status of the economic recovery at this present time.

On the one hand there are numerous doom and gloom stories on the number of job roles versus the number of applications, whereas on the other reports from organisations such as CBI suggest Britain’s financial sector is seeing its fastest growth since 1996, prior to the recession.

So what is really happening?  There is no question that job opportunities are not as high in number as 2007, but the change is in the positioning of the job roles available and those that are the most successful are the ones that understand this culture shift.

A recent example is cited by the Royal Bank of Canada director of recruitment for EMEA [Europe, Middle East and Africa] Paul Murphy said.

Before the financial crisis there was a desire to move upwards as fast as possible. Now the motivation for joining the bank is more than about balance sheet strength, our history. Culture is key. Pre-financial crisis, no one would have asked about the culture of the bank. Now it’s the first question I am asked.”

Showing that you have the right personality to suit a job role is now as integral as having the necessary qualifications.

Never has there been more truth in Charles Darwin’s infamous quote that it is not the strongest of the species that survives, nor the most intelligent. It is the one that is most adaptable to change.

In the struggle for survival, the fittest win at the expense of their rivals because they succeed in adapting themselves best to their environment.  And the same is true in the financial recruitment sector.