Compliance recruitment market holding up well
Of all areas of corporate governance, the compliance recruitment market has held up best in the face of the current global economic problems. This is perhaps not surprising given the increasing emphasis on improving financial controls and the growing importance of compliance.
There has been a slight easing of demand and an increase in candidate availability; however, this has brought a better balance to compliance recruitment after an extended period of severe candidate shortages. There are still shortages of candidates in certain areas, most notably wealth and fund management, and these shortages and subsequently high salary premiums for the right candidates are helping to keep overall salary increases high at 21%.
However, a third of all candidate registrations are now for defensive reasons, and, despite regulatory requirements continuing to underpin compliance recruitment, compliance is not immune to the broader economic situation.
For a more detailed picture of the current compliance recruitment market, please contact Victoria Alkiviades va@barclaysimpson.com, Sacha Hughes sh@barclaysimpson.com, or Matt Crocombe mc@barclaysimpson.com on 020 7936 2601.
Barclay Simpson is committed to equality of opportunity and promotes diversity. All applications for positions advertised on behalf of our clients will be accepted and reviewed solely on merit. To view our Equal Opportunities & Diversity Policy, please click here.
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