Job security means staff look to move on
Job security is looking up for finance professionals, according to a new report - but as the market improves bosses are warned that employees will be more confident about moving to new pastures.
Link: Workplace issues
The Robert Half Finance & Accounting Financial Hiring Index has revealed that nine out of 10 personnel and finance managers are expecting to retain all current staff, or even bring in new recruits, in the next 12 months. However, staff appear ready to jump ship if they can improve on key aspects of their work.
The top priorities for accounting staff were better career development, followed by a pay increase and then improved work/life balance.
‘With the economy picking up, people are more willing to take risks and pursue other employment possibilities,’ said Steve Carter, UK & Ireland managing director at Robert Half Finance & Accounting.
‘More employers have to be aware of this if they hope to retain their staff.’
Carter added that employers must review benefits packages, and ‘more importantly’ ensure the right measures are made between financial reward, career development and the work/life balance. Meanwhile the Big Four are scouring the UK to recruit graduates. Deloitte has increased its graduate recruitment by 180 places to 800 this year, and Ernst & Young is looking to recruit 400 new graduates.