Talent shortage hits financial services

By Scott Hodder
 — 1 minute read

Companies in the financial services sector are struggling to fill an increased number of roles, according to a specialist recruitment firm.

Despite a surge in the number of jobs available across the financial services sector, companies are finding it challenging to source talent to fill them, specialist recruitment firm Robert Half has said.

Citing the latest figures from the Australian Bureau of Statistics (ABS), Robert Half said there has been a "sharp" increase in roles across the financial services sector in both the August and November 2015 quarters.


"The latest figures from the ABS reveal there has been an increase of more than 55,000 roles across financial and insurance services between May and November 2015," the recruitment firm said.

Commenting on the growing number of jobs available across the industries, director of Robert Half Andrew Morris pointed out that companies are now "struggling" to source talent to fill the positions.

Mr Morris adds that this means there is a greater opportunity for employees wanting to enter the industry to find a job.

"2016 looks to be a strong start for those looking to enter the market or find a new role in finance since the past six months has seen significant growth in new roles right across the finance market," Mr Morris said.

"Companies are also looking to ensure their employees have the softer skills to complement their finance and accounting strengths – the ability to analyse the results, strong leadership and communication skills and the capacity to develop new business opportunities."

Read more:

Chinese stocks plummet on 2016 open

RBA in a tough spot on inflation: HSBC

New APAC custody head for BNP Paribas


Talent shortage hits financial services
investordaily image
ID logo


related articles

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.