Getting a New Job in 2016

Getting a New Job in 2016

People make a variety of New Year’s resolutions, and a common resolution is to obtain a new job, whether this is to earn more money or to try and improve job satisfaction.

The City of London’s free daily business newspaper, City AM, has suggested that the best time for those looking for a job in the new year could be February and March. The newspaper has analysed data from the Office for National Statistics (ONS), which show that approximately 32,000 finance roles arise in February, and the figure for March is only slightly lower. Contrary to many people’s expectations, December is also a common month for employers to recruit – while some firms are undoubtedly winding down for Christmas, they may also be looking for new blood to join their team at the start of the new year, or soon afterwards.

Not surprisingly, ONS data show that 33.8% of roles in the finance sector are in London – 388,000 out of a total of 1,148,000. However, other regions of the UK also provide plenty of opportunity to work in finance, with some 145,000 roles (12.6% of the total) in the rest of the south east of England, 99,000 (8.6%) in the north west of England and 89,000 (7.8%) in Scotland. However, average house prices in the north west and Scotland are just 35% of those in London, and research by estate agent Hamptons International has indicated that the numbers of Londoners moving out of the capital is higher than at any time in the last eight years.

Finance recruitment consultancy Savant has conducted research suggesting that 75% of finance firms expect difficulties in recruiting suitably skilled and qualified accountancy, finance, risk or compliance staff in 2016. Hence individuals who can offer the right range of skills and experience could be much in demand this year.

So an accountancy, finance, risk or compliance professional who is seeking a new challenge in 2016 should start to brush up their CV, ready to communicate to prospective employers exactly what they can offer.

Contact us on 0203 425 9600 and speak to one of our friendly and experienced consultants.

Search For a Job