BusinessCompany NewsQuarter of Scottish finance firms looking to expand

Quarter of Scottish finance firms looking to expand

New recruitment survey reveals optimism north of the border

More than a quarter (27%) of employers in the
Scottish
financial industry
are planning to increase their number of full time staff
over the next six months, a new survey by
Robert Half Finance & Accounting
has found.

The survey of almost 200 finance professionals in
Edinburgh and Glasgow, revealed that
the main reason for companies increasing staffing levels in 2007 is likely to be
due to business expansion, as nominated by more than half of respondents (52%).

Another factor was increased workload (29%) while only 10% of respondents
said they expected to hire new employees because of staff turnover.

Phil Sheridan, managing director of Robert Half Finance & Accounting,
said: ‘Our latest survey demonstrates that, on the whole, Scottish employers are
very optimistic about 2007 and are prepared to invest in their people. It’s also
encouraging to see that this increase in hiring intentions is being driven by
business expansion, rather than staff turnover.

Further reading:

Deloitte adviser warns against Scottish devolution

Scottish National Party calls for Council Tax to be
scrapped

Business groups disagree over fiscal autonomy for
Scotland

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