Companies Struggle to Find Finance Staff to Grow

Companies Struggle to Find Finance Staff to Grow

Latest research has shown that British finance firms are entering the second half of the year buoyant on market conditions and looking to hire, yet struggling to find the right staff.

Based on latest optimism in the sector and confidence about the economic growth over the next year, Robert Half found 52 per cent of firms in the sector want to increase their headcount this year.

Whilst this is above the average of 47 per cent across the rest of the professional services industry, 98 per cent have admitted to struggle to find suitable staff to fill available vacancies.

The research found that 35 per cent say there is a lack of candidates with the right skills, while 30 per cent say demand for staff outweighs supply.

Says Adam Michaelson: “The optimism surrounding the economic growth over the year is clearly good news. And as economic confidence grows, it’s only natural that momentum is naturally building with more job opportunities arising.

“However, the difficulties in recruitment and apparent skills shortage will drive up costs and limit growth if action is not taken. It is up to recruitment agencies to help avert the situation and make sure opportunities are filled as soon as possible with the right candidates.

“By completing the initial screening process, we can ensure that sort after financial professionals with strong commercial and communication skills fill the new roles supplied in financial services, accountancy and finance.”

See our latest partnerships created to help fill finance roles with the right candidates each and every time.