Posted by Accountemps on Monday, October 20, 2014 - 00:00 | Follow me
Whether you’re searching for a new position or looking to add staff, you’ll find a wealth of useful information about accounting and finance hiring trends in Robert Half’s recently released 2015 Salary Guide.
In addition to including starting salary ranges for more than 375 positions and a detailed overview of the most in-demand jobs, skills and credentials, the Salary Guide also features insights into today’s most notable hiring trends in accounting and finance.
Here’s a look at a few of the trends highlighted in the guide:
Recruitment, Retention, Retirement and Regulation
The combination of talent shortages and business growth means employers are feeling the pressure to boost starting salaries in order to recruit top performers. Retention is also a top concern as employees are more apt to explore the job market and look for companies offering more competitive salaries and benefits.
Retirements are also impacting hiring. According to the U.S. Bureau of Labor Statistics, one-fifth of the workforce has reached or is nearing retirement age, leading companies to look for replacements in all areas of finance and accounting.
Another factor driving hiring is the increase of regulatory compliance mandates. Professionals with specializations in risk, compliance and internal audit are in demand as companies look to boost efficiencies and control costs. Greater regulatory requirements in industries such as healthcare, energy and financial services also translates to increased job opportunities for accounting and finance professionals with industry-specific skills or training.
Strong Demand for Skilled Pros
Many employers are having a difficult time finding skilled professionals for open positions. In a survey by our company, 53 percent of CFOs said that finding qualified candidates is somewhat challenging, while 15 percent find it very challenging. This means candidates with in-demand skills don’t stay in the job market for long, as motivated companies are moving more quickly to extend employment offers.
For more insights into emerging hiring and career trends, visit our Salary Center and download the 2015 Salary Guide.