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Stuart Gentle Publisher at Onrec

Why temp in the financial services industry? 42% say to get a foot in the door

According to the results of an online poll carried out by Morgan McKinley, the primary reason for temping in the financial services industry is to get a foot in the door.

According to the results of an online poll carried out by Morgan McKinley, the primary reason for temping in the financial services industry is to get a foot in the door.

At the time of going to press, the survey carried out to coincide with National Temporary Workers Week (17th - 21st May) had polled 100 individuals. The results showed that nearly half (48%) temped to get a foot in the door, 25% temped for the money, 16% to gain experience, and 9% for the flexibility and variety temping can offer (2% sited other).

Commenting on the results, Andy Evans, Associate Director of Morgan McKinleyís Temporary Division stated;

In my opinion, most temps in the financial services industry probably temp for a combination of these reasons. Given the quantity and quality of roles currently available, it is a very attractive place to be right now.

The temporary financial services recruitment market is looking stronger than it has for the last 3 years. Morgan McKinley has already seen a 72% increase in temporary job volumes from December 2003 - February 2004, compared to the same period the previous year.

One South African temp working through Morgan McKinley commented;

For me, it is about the skills and experience that can be gained as well as the money and flexibility which drew me to the world of financial services temping.

For further information on why people temp in the financial services industry and the state of the present temporary recruitment market in this sector, please see press release attached or contact me by email on efaulkner@morganmckinley.com or call me on 020 7759 9432.