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Compliance – Mid Year Market Report 2012

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Compliance was the best performing corporate governance recruitment market in the first half of 2012. Many financial services groups faced with a barrage of new regulation seemingly have little choice but to recruit externally. However compliance is not immune to the steady headwinds facing the entire financial services industry. The industry is being squeezed between the increasing cost of regulation and in many instances reduced revenues. This may go some way to explaining the reluctance to further increase cost by recruiting additional staff. However, there are a significant number of smaller and medium sized companies that regardless of sentiment really have no choice but to recruit compliance expertise externally.  

 

  • New vacancies amongst our sample companies fell from 109 in the second half of 2012 to 95 in the first half of 2012.
  • The number of compliance specialists accepting new positions rose in the first half of 2012 and is now a little more than half the peak achieved in the second half of 2010.
  • The overall salary increase achieved by compliance professionals changing jobs rose slightly from 14% in 2011 to 15% in the first half of 2012.

 

For a detailed analysis of the current Compliance recruitment market, complete with up to date predictions, click on the graphic to download the full report.

If you have any problems accessing the report or would like to discuss any aspect of it, please call 020 7936 2601. We hope you enjoy the report and would very much appreciate your feedback.

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