Unit 2 Ferry Wharf
Hove Enterprise Centre
Basin Road North
Portslade, East Sussex
Despite a slightly slower summer holiday period, levels of treasury recruitment remain high, with Harvey John observing a further increase of 44.4% in the number of treasury jobs being recruited over the past quarter. This follows an increase of 42.9% in Q2 and is now the fourth consecutive quarter that the number of treasury jobs being recruited has increased.
A frenzy of activity during late June and July in an effort to complete recruitment processes and secure talent ahead of the summer holidays, led to a number of companies opting to recruit on an interim basis. A further surge in activity took place as we moved into September, which has led to a shortage of candidates in many areas of the treasury market. This is particularly the case at Analyst and Manager levels; and it is also becoming increasingly difficult to secure immediately available interim talent.
With numerous opportunities still being recruited, and a decreasing pool of suitably qualified candidates, job seekers are in an extremely strong position at present. This continued demand to recruit has meant that many active candidates are now pursuing multiple job opportunities, with some receiving multiple job offers; and streamlined recruitment processes have become essential in an effort to secure the best talent. The demand to secure good talent, and increased choice for candidates is also driving salaries upwards.
Many companies are pushing to increase time in the office following the summer holiday period, although with some degree of hybrid working now expected by employees, the expectation of 2-3 days in the office each week seems to have become the norm, and is likely to remain so for the foreseeable future.
- A further increase of 44.4% in the number of treasury jobs being recruited during Q3. This marks an increase in treasury recruitment at all levels for a fourth consecutive quarter
- High levels of recruitment activity during the past 12 months, and the resulting candidate movement, have led to a shortage of candidates in many areas of treasury, particularly at Analyst and Manager levels; and have also resulted in far fewer interim candidates being available for work
- With many active candidates continuing to pursue multiple job opportunities, and some receiving multiple job offers, streamlined recruitment processes have become a necessity
- Demand to secure good talent, and increased choice for candidates is driving salaries upwards
- Many companies are pushing to increase time in the office following the summer holiday period, although some degree of hybrid working is now expected by employees
Guy Middleton is a Treasury Associate Director at Harvey John.
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He is able to provide support at all levels of seniority, from graduates with treasury exposure to seasoned Group Treasurers, in both the permanent and interim markets, and has established a reputation for carefully matching both client and candidate requirements.