Jobs in
Glasgow Financial Services Sector Booming, reports Joslin Rowe
Released
on: October 29, 2007, 9:23 am
Press
Release Author: Belinda Walmsley
Industry:
Human
Resources
Press
Release Summary: Joslin Rowe reports Glaswegian professionals are
spoilt for choice as the number of opportunities rises dramatically
across financial services firms based in the City
Press
Release Body: A record number of investment operations jobs in Glasgow
are being recruited for – with the volume of roles anticipated
to increase by a third over the next quarter. Newly qualified accountants
and part qualified accountants are also expected to benefit from
increased demand from employers in the city.
According
to statistics from West George street based recruiters,
Joslin Rowe, the number of new permanent investment jobs
in Scotland created across the two main financial centres of
Edinburgh and Glasgow has spiked – up 42.9% in the last 12
months. 2,930 new permanent Scottish financial services jobs
were also created in the third quarter of 2007, compared to 2,050
in the same time period in 2006.
Furthermore,
the vast majority of the 944 positions created were in investment
operations and accountancy jobs
in Glasgow.
Joslin
Rowe director, Margaret Dyer, said: “For certain
financial services positions Glasgow seems to have the edge on its
East coast rival at the moment. Investment operations recruitment
in Glasgow is certainly stronger with excellent opportunities across
the board from junior right up to senior finance and accountancy
jobs. The accountancy market is also incredibly hot. Strong
candidates are receiving multiple offers and are often finding a
new position within just weeks of starting their search.”
She
continued: “The sub prime crisis has made little impact
on the market in Scotland. In fact, we are expecting a busy end
of year as companies race to fill their headcount quotas.”
According
to Joslin Rowe, although financial services salaries
have increased over the year, this is predominately in line with
previous years. The average remuneration in the Scottish financial
services sector across all roles, levels and disciplines has increased
6.2% in the last year, from £35,400 in July 2006, to £37,600
July 2007.
“Looking
more specifically at the hottest area of investment operations recruitment,
a specific trend is emerging. Rather than starting bidding wars,
hiring firms are enticing people on board with increased benefits
and tailored career progression. Many of the candidates we have
placed have moved on from their current investment operations employer
or accountancy firm because they realise they can move up the career
ladder faster in a new company,” remarked Dyer. “Although
we’re not quite at the point where people want to return to
the days of a job for life, there is a recognition that it is better
to join an organisation that can manage your career now and in the
future, rather than remaining in a job with a short term shelf life
and moving on every few years. Certainly, there has been an increased
interest in companies who can send people overseas or offer training
support.”
ENDS
Notes to Editors
About
Joslin Rowe
Established in 1982, Joslin Rowe is one of the
leading UK financial services recruitment
firms. Joslin Rowe Glasgow recruits for investment
operations, accountancy, banking and call centre recruitment as
well as insurance and life & pensions. Currently, the
Joslin Rowe team have a wealth of investment operations
positions in Glasgow and accountancy jobs in Glasgow.
Web
Site: http://www.joslinrowe.com/
Contact
Details: Belinda Walmsley
Joslin Rowe
Turnberry House
175 West George Street
Glasgow
G2 2LB
+44 7789 682 754
http://www.joslinrowe.com/
enquiries@pr-sending.co.uk
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