To answer this question, we asked the Harvey John Finance and Accountancy team for their March 2021 market reports...
Instructions over the past quarter in the Senior Finance market have remained relatively stable based on previous years. We have seen a mix of newly created roles (due to business growth and optimism) and replacement opportunities.
It is never an easy area of the market to predict but we're certainly hearing more positive feedback than negative.
The consensus among the Harvey John Commerce & Industry team is that there are encouraging signs across the board…
Associate Director Georgina Trudgill reports: “The current market seems healthy and very different to the last lockdown. Clients and candidates are sharing the view that it is ‘business as usual’ - aside from the fact that far more people are working remotely.
“Looking at individual sectors, I’d pick out Financial Services as being particularly busy. I’ve seen two major local players go through big recruitment drives over the last six months, and the good news is that they are mostly growth roles rather than replacements. Many of the new contracts are for 6 or 12 months, but it is still encouraging."
The positivity is shared by Principal Consultant, Natasha Bosquet, who says: “The market in Commerce & Industry is certainly starting to show signs of recovery as we move further into 2021.
“The market feels as though it is in a more positive place than during the first lockdown and hopefully this trend will continue as we move into the second quarter of the year.
“There has definitely been an increase in the number of jobs being advertised and the general consensus from clients is that they will be moving forward with recruitment plans.”
A particular hot spot has been spotted by Senior Consultant, Alex Baxter Smith, who notes: “An interesting trend has been a number of Analyst opportunities arising within the high-growth tech space.
“This is potentially exciting news for market confidence given that these commercial facing roles are linked to business growth and forecasting.”
With regards to candidates, Principal Consultant Callum McKenna comments: “There appears to be more emphasis on candidates that are versatile and able to assist in other areas of the business where required. Candidates that are happy to take on other areas of responsibility, and those with a wide array of skills, have been most in demand.
“Those who can communicate well with stakeholders, as well as challenging and influencing business decisions, are as important now as they ever have been.”
I have shared a number of these points previously but these are worth revisiting…
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