Digital drives hiring in marketing and sales at FS firms
The drive to digital and need to boost financial services brands is leading to increased demand for marketing and sales support staff and pushing up bonuses for people with the right skills.
The drive to digital and need to boost financial services brands is leading to increased demand for marketing and sales support staff and pushing up bonuses for people with the right skills.
Concerns over a growing skills gap and lack of future talent are the biggest worries among financial firms’ recruiters, leading to a renewed focus on graduate hiring.
London-based financial services professionals moving to new jobs in 2014 boosted their salaries by an average of 18% – and an increasing number of people did so, with year-on-year figures showing a 51% increase in people looking for new positions. But gloomy economic forecasts, combined with the seasonal drop in hiring over the Christmas period suggest that firms have postponed major hires to the current quarter.
The fintech start-up sector and renewed spending by larger firms are combining to create a demand for IT skills that is outstripping supply in some areas. Cyber-security, big data, business intelligence and application development skills are all in demand.