Financial planner shortages continue

recruitment/mortgage/director/

1 August 2007
| By Mike Taylor |

Employers in the financial services arena are focusing on candidates who can demonstrate job stability, according to the latest survey data released by specialist recruitment firm, Hays Banking.

Director of Hays Banking Nick Deligiannis said that financial services skills may be in demand, but the latest Hays Quarterly Forecast suggests that employers have become wary of candidates unable to demonstrate reasonable job stability.

“Many employers have invested time and resources in training new staff only to see them resign one year later to chase a higher salary elsewhere,” Deligiannis said.

“With a shortage of skills, retention is a focus for employers and they value those candidates with demonstrated long-term tenure on their CV.”

The Hays Quarterly Forecast has revealed that recruitment activity across the banking and finance industry remains very buoyant.

It suggests that demand continues to be high for experienced financial planners and superannuation fund administration specialists.

Elsewhere the Hays data suggests that demand also exists with respect to mortgage processing and credit assessment.

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