Better balance in compliance recruitment market
In the light of the wider economic problems, the compliance recruitment market has fared reasonably. It could be argued that a slight easing of demand and increase in candidate availability 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 broader economic developments and, if the economy deteriorated further, the compliance recruitment market could remain subdued for some time.
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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