Potential skills shortage predicted in 2016

Written by: GAAPweb
Published on: 27 Jan 2016

A recent survey published by Robert Half, specialist finance and accounting recruiters, indicates that nearly 40% of employers are worried about retaining their top talent in the year ahead, particularly those with specialist in-demand skills.


58% of the 200 UK finance leaders surveyed said they had lost a key employee to a competitor offering a higher salary, within the last year.


Phil Sheridan, MD at Robert Half UK states:

“Increased legislative compliance requirements combined with growth goals is feeding the demand for talented, highly skilled professionals. However, with the growing war for talent, retaining professionals with the right skills to cope with the extra workload will prove challenging and will add to the day-to-day pressures that CFOs and FDs face.


26% of employers are concerned about finding the right skilled financial talent this year. This increase in demand is likely to lead to higher salaries. Robert Half are predicting a 4% increase in salaries for those in specialised roles. Candidates in greatest demand will be those who can provide management with strategic insight and those in business partnering positions.


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