Sellick Partnership launch salary 2009 finance salary survey
Sellick Partnership has launched their annual salary surveys for finance professionals within the commerce and industry sector. Individual surveys have been released on a regional basis for the North West, North East and Midlands – providing an insight into remuneration trends, benefit packages and the importance of retaining talent.
Across the board, findings from the finance salary survey show that the commerce and industry sectors have remained static for the first time in ten years. Despite this, the sector has not felt the significant drop in pay scales that was predicted at the start of the recession.
Other findings showed that employers are increasingly reviewing employee packages to include target driven incentives, enhanced benefits and investment in career progression training, in order to motivate and retain talent without having to increase salaries.
Across the finance market, there has been growing demand for temporary employees, as employers look to reduce risk and keep overheads to a minimum. The number of permanent positions in the market varies across the regions, with the Midlands seeing a steady increase in the number of positions coming onto the finance market – whereby the other regions have experienced a drop in demand for permanent positions.
In the public sector, the demand for both permanent and interim employees has remained firm, with an increase in job opportunities for experienced finance professionals with strong commercial knowledge.
Jo Sellick, managing director has commented; “Results from the survey show that demand for experienced finance professionals remains high during the recession, with companies seeking to provide accurate financial records to investors and shareholders continuing to grow.
Across the regions, retaining talent is key for businesses looking to ride out the economic downturn so it is essential that employers look for new ways to keep employees challenged and motivated, without having to significantly enhance salaries as in previous years.”
Despite the current economic climate, Sellick Partnership still offers a range of opportunities for those in commercial and industrial financial positions. The growth of emerging sectors, including environmental, technology, alternative energy and discount retailers, will continue to provide new roles in finance.
If you would like to receive a copy of one of Sellick Partnership’s regional finance salary surveys, please contact the relevant office:
Chester: 01244 349544
Lancashire: 01772 663772
Manchester: 0161 834 1642
Midlands: 01782 572700
Newcastle: 0191 261 8585
To view current financial job listings across the UK, visit the Sellick Partnership website, www.sellickpartnership.co.uk/
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- Sellick Partnership
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