PracticePeople In PracticeConcerns mount over accountants shortage

Concerns mount over accountants shortage

A growing shortage of qualified accountants has led to a marked increase in the number of new permanent job vacancies in February, with a rise of 25% on January.

The number of permanent jobs filled in February is down 47% on January placements. This was compounded by a fall of 29% in accountants seeking permanent jobs in February, according to Alexander Lloyd, recruitment consultants for the accountancy and financial services sector.

Neil Quarendon, operations director of Alexander Lloyd, said: ‘There is a growing concern over the shortage of qualified workers at all levels which does provide better options for the individual, while emphasising the need for employers to give their staff the necessary on the job training and encourage them to study for a relevant qualification.’

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