Each quarter, our specialist Indirect Tax team monitors the number of in-house vacancies released onto the job market across Europe to provide you with quarterly overview of recruiting trend. The data below provides a digestible snapshot to the in-house market from adverts posted directly from employers.*
*Note - we omit the number of confidential mandates that HJ are assigned or job adverts posted by other recruitment firms. It should also be highlighted that many vacancies go unadvertised due to confidential or highly sensitive searches.
What happened in Q1?
Following on from our Q4 breakdown, we could only expect a continuous recruitment trend in Customs & Global trade. With more pressure put onto what was once a siloed role, there are numerous areas that have drawn attention from companies worldwide. This comes with changes in legislation and regulations in cross-border trade which, arguably, has been caused by an uncertain Brexit. In preparation for multiple outcomes, deeper focus has moved closer to businesses opening up vacancies for Customs & Global Trade specialists.
Looking into the Customs Market
Figure 1. The first quarter of 2019 proved an upwards trend rolling into the New Year. Across the UK, Ireland, & Europe, 108 in-house vacancies were released, reflecting a 33% increase in demand for Customs & Global Trade specialists.
Establishing & Analysing the Demand
Figure 2. Looking at the UK & Ireland over the last quarter, there’s been a significant increase in demand for Managers and less at leadership grades. There’s still evidence that businesses need to bring in specialist talent at the lower grades, in order to strengthen their customs departments to remain up to date with legislation and anticipate any radicals changes after Brexit.
Figure 3. Europe visibly reflects shifts of focus towards customs job posts. A total of 64 vacancies opened up in Q1 which coincides with companies shifting trade departments across international waters.
In preparation for the shifts and changes in trade legislation and regulations of cross-border transactions, the job market has remained consistent in the UK and risen in Europe. Figure 2 & 3 highlight the 33% increase in demand for multi-grade professionals since Q4 last year.
There’s an intriguing light being shed on Customs & Global Trade as we roll into Q2 of 2019. Rising demand for specialists can be accredited to a number of external factors. However, many seasoned professionals have anticipated this occurrence since Customs departments are now moving into the limelight.
Shifts in international trade and ever changing cross-border agreements are an evident factor that have caused a stir in the job market. In such a job driven market, finding numbers may not be the issue, but finding the right person with the relevant technical knowledge and experience seems to be a current trend. With the current state of the market, long-term solutions are perhaps something that businesses may need to consider as time passes.
If you’re a tax professional and you’re looking to delve deeper into a specialist field, now might be the time to consider moving into a Customs focused role. If you’d like to hear more about the job market, please get in touch with our specialist Customs & Global trade recruiters.
Josh Rapaport is a Resourcing Consultant in the Tax Division at Harvey John.
Search our latest tax jobs here.
If you would like to see our company updates and industry insights, follow our LinkedIn page here.