17 things you need to know about hiring in 2017

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THINGS YOU NEED TO KNOW

17

ABOUT HIRING IN 2017

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Businesses will continue to operate in an era of unprecedented change in 2017

1




The skills shortage will impact growth and productivity

2



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SPOTLIGHT ON TECHNOLOGY

Business transformation, digitisation and e-commerce initiatives are driving demand for technology professionals


3




Finance is evolving and automation is playing a big part

SPOTLIGHT ON ACCOUNTING AND FINANCE

4

Finance transformation and improving/upgrading systems will affect hiring and finance professionals will need soft skills such as effective communication and collaboration to succeed.



https://www.roberthalf.co.uk/news-insights/reports-guides/finance-2020-report?utm_campaign=finance2020&utm_medium=pr&utm_source=slideshare


Employers will look for candidates who can adapt to change and hit the ground running

5




19%Business and

financial analysis

18%Audit

17%Financialplanning

and analysis

20%Accounting

21%Compliance

Source: independent research of 200 CFOs and finance directors based across the UK. Multiple responses permitted.


6 The areas within accounting and finance that will be most difficult to recruit for are:




• ITIL/CCNP/VCP 5.5

• Expertise with business intelligence tools (Tableau and QlikView)

• Agile project management methodology

• .NET/Java/C# language skills


7 Key skills and qualifications in demand:




Commercially-minded professionals will be increasingly in demand to address the productivity and growth agenda

8




Key skills and qualifications in demand


• Financial modelling

• Business partnering abilities/commerciality

• Knowledge of IFRS/FRS 101/FRS 102

• Strong systems knowledge (ERP) or advanced Excel

• Newly qualified ACA

• Part-qualified/qualified ACCA/CIMA professionals with fewer than five years’ experience

• Contract and bid management/contract mobilisation skills

• Stakeholder management and communication skills

9




Starting salaries for professional roles will rise by 2% on average but there will be peaks for hard-to-fill roles

10





11 The roles receiving the highest salary increases in accounting and finance are:

FINANCIAL PLANNING AND ANALYSIS MANAGER

£64,000 – £82,000

£63,750 – £74,250

+ 5.8%

£59,500 - £72,750

£57,500 - £69,250

+ 4.3% FINANCIAL CONTROLLER

COMMERCIAL FINANCIAL CONTROLLER

£76,250 - £94,250

£75,750 - £88,250

+ 4.0%2017 UK AVERAGE

2016 UK AVERAGE

FINANCIAL PLANNING AND ANALYSIS MANAGER

£64,000 – £82,000

£63,750 – £74,250

+ 5.8%

£59,500 - £72,750

£57,500 - £69,250

+ 4.3% FINANCIAL CONTROLLER

COMMERCIAL FINANCIAL CONTROLLER

£76,250 - £94,250

£75,750 - £88,250

+ 4.0%2017 UK AVERAGE

2016 UK AVERAGE





DEVELOPERS

£27,500 - £48,000

£26,750 – £45,500

£19,500 - £30,000

£19,000 - £28,500

£36,000 - £62,000

£32,500- £61,500

+ 4.5% + 4.3%

+ 4.2%

MOBILE APP DEVELOPERS

JUNIOR DEVELOPERS2017 UK AVERAGE

2016 UK AVERAGE

DEVELOPERS

£27,500 - £48,000

£26,750 – £45,500

£19,500 - £30,000

£19,000 - £28,500

£36,000 - £62,000

£32,500- £61,500

+ 4.5% + 4.3%

+ 4.2%

MOBILE APP DEVELOPERS

JUNIOR DEVELOPERS2017 UK AVERAGE

2016 UK AVERAGE

12 The roles that will receive the highest salaries in technology are:




It’s about more than money – employees want flexible work patterns and benefits as well as competitive salaries

13




Source: independent research of 100 financial services executives. Multiple responses permitted.


39%Remote working/

Work from home options

34%Additional annual

leave days

59%Flexible schedules

47%Pension schemes

42%Time-in-lieu

14 Top 5 benefits being offered to technology professionals include:




of HR managers are concerned about losing top performers in the coming year

Employee retention needs to be a priority15

92%




Employees leave their jobs because

they don’t feel their employer is invested in their career: succession planning, developing a talent pool and providing all employees with opportunities for growth will be vital

16




of HR directors have lost a preferred candidate to another opportunity due to lengthy in-house hiring processes

54%

The pace of recruitment will increase and competition for the best permanent and contract candidates will intensify

17




For more in-depth insights into the hiring and recruitment trends for 2017

Download the

Robert Half 2017 Salary Guide



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17 things you need to know about hiring in 2017

Recruiting & HR