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Internal Audit – Mid Year Market Report 2012

In spite of an economy hovering around recession and demand having fallen to a two year low in the second half of 2011, the number of internal audit vacancies marginally increased during the first half of 2012. However the number of internal auditors actually accepting new positions remained flat. Whilst companies are prepared to register vacancies, the larger ones are more likely to fall back on internal candidates. Further, many of the vacancies are for internal auditors with specialist skills. The availability of these candidates can be problematic and vacancies can go unfilled for extended periods of time. 

 

  • New vacancies amongst our sample companies increased from 58 in the second half of 2011 to 61 in the first half of 2012.  
  • The number of internal auditors accepting new positions in the first half of 2012 remains 50% lower than the peak achieved in the first half of 2010.
  • The overall salary increase achieved by internal auditors changing jobs rose slightly from 12% in 2011 to 13% and remains close to its long term average.

 

For a detailed analysis of the current Internal Audit 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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