City companies plan to recruit in coming months

20 February 2007 In Financial Careers

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City companies plan to recruit in coming months Half of London's Dockland and City employers are planning on increasing staffing levels in the next six months, according to new research.

Recruitment consultancy Robert Half Financial Services Group published its city recruitment index, which revealed that employers are also expecting salaries to rise in the coming months for city workers.

Of the companies who said that they were planning on expanding their workforces, 44 per cent said that business expansion was the driving force behind their planned growth. One in five (20 per cent) said that increased workloads meant they needed additional staff.

Only seven per cent of the companies questioned cited employee turnover as the reason they planned to hire additional financial staff.

"Our latest survey is a clear indication that the City and Docklands recruitment market is set to remain buoyant during 2007," said Neil Owen, the regional director of Robert Half Financial Services Group.

Mr Owen added that it was encouraging that "employers recognise the value of retaining staff and are prepared to invest in their people by offering higher bonuses and increasing salaries".

track© Adfero Ltd
 
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