Recruiters delighted by accountant shortage
The war for talent between accountancy firms is giving a boost to financial recruitment specialists as firms struggle to find staff because of a dearth of professionals in London and the South East.
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Specialist recruiter Hayes yesterday announced 17% net fee income growth in July and August, up from 11% for the 12 months to June 30.
Similarly, Robert Walters has seen net fee income shoot up by 21% over the past eight months, The Guardian reported.
Denis Waxman, chief executive at Hays, said ‘quite big shortages’ were also driving double-digit growth in the salaries of recently qualified accountants.