With the purported current cooling in the economy, the focus by many has been one of doom and gloom in the City jobs market. However, there are some bright pockets according to Contact Recruitment. In fact some areas in the professional services sector are still experiencing strong growth.
Uzair Bawany, Group Managing Director at Contact Recruitment, maintains that exciting opportunities still exist for the right individuals:
ìFrom our experience, the ëhot areasí which are still attracting and employing individuals include financial control and compliance and risk management. These are always key areas for the financial sector given the strict regulatory demands and as the market re-adjusts, itís certainly showing no sign of slowing down.î
ìWe have seen continued strength in graduate recruitment which had previously been declining. The current trend has seen financial institutes investing in future talent by recruiting graduates whilst seizing the opportunity to reduce the financial impact of hiring established professionals,î added Bawany.
As a result of the credit crunch, companies are trying to keep overheads as low as possible in the face of economic uncertainty. Bawany explains: ìWe are seeing many organisations reducing the contract base to save costs and demanding more from permanent employees. Many companies are also changing the type of contracts they issue, but this does not mean they are shying away from recruitment all together. Indeed, the increase in recruitment in key areas would indicate that many firms are confident that economic stability will soon resume.î
Candidates are advised to focus their attention on the key areas currently seeing an increase in availability, and realise that despite current reporting of a recruitment crisis due the credit crunch, there are still plenty of opportunities for the right candidate.
For further information on Contact Recruitment please visit:
Its not all doom and gloom - Contact Recruitment
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