GLOBAL TREND REPORT SENIOR FINANCE 2015 OUTLOOK
|
|
- Garry Long
- 7 years ago
- Views:
Transcription
1 GLOBAL TREND REPORT SENIOR FINANCE OUTLOOK
2 AN EAST-WEST DIVIDE In line with our commitment to keep professionals working in Senior Finance functions up to date with employment and recruitment trends, in the last quarter of 2014 Morgan McKinley conducted an international survey of its consultants in eight markets. Our report paints a very mixed global picture. Broadly speaking, the outlook is rather better (from a candidate perspective) in Ireland, the United Kingdom and the United Arab Emirates than in our APAC countries. In many countries employers expectations are becoming more and more demanding as candidates are required to take on additional responsibilities, such as driving transformation, ERP or compliance projects. Hiring processes are becoming increasingly lengthy and this increases the risk that employers will lose out to counter offers. QUICK LINKS AUSTRALIA... 2 MAINLAND CHINA... 3 HONG KONG... 5 IRELAND... 6 JAPAN... 7 SINGAPORE... 9 UNITED ARAB EMIRATES...11 UNITED KINGDOM In Australia there is a strong demand for strategic thinkers who can drive change Business partners are likewise in demand in China, where fluency in English is increasingly a requirement There are few new opportunities being posted in Hong Kong, and few candidates coming forward, but that should change after the Chinese New Year The best candidates in Ireland are receiving multiple offers and employers that do not act quickly are likely to lose out The market in Japan is generally robust, but hiring organisations are becoming more demanding Singapore is currently the toughest market, for a variety of cyclical and structural reasons The UAE is probably the strongest market, but candidates generally need local experience to succeed In the United Kingdom demand is strong and the focus has moved back to value-add roles, but the candidate flow is weak 1
3 Stakeholders require a senior finance view more than ever. AUSTRALIA INCREASED DEMAND FOR GOVERNANCE, RISK AND PROJECT CHANGE EXPERTS Although the market shows signs of improvement in Australia, opportunities at the senior level are relatively scarce and employers will wait for candidates who tick all the boxes before commencing them to interview. The skills and experience requested by employers often varies depending on the organisation, but for senior level roles board-level exposure and operational experience outside of a finance role can be highly regarded. Accounting qualifications are a given. Operational leaders require a senior finance view more than ever. Sound commercial and financial advice is critical as most organisations have an increased focus on governance, risk and financial control, says Matt Jacobs, Associate Director, Finance & IT with Morgan McKinley Australia. Economic uncertainty and continuing cost saving measures are dampening down demand. Despite the high expectations employers have when hiring externally, many companies will try to recruit directly in order to save on a recruitment fee. This means they often miss out on top talent by not completing a thorough market search and end up appointing someone who is not the best fit. In the long run, this can actually lead to a more costly recruitment process, says Jacobs. Demand continues for specialists in project finance and transformation roles; this is often driven by organisational restructures or changes to the IT infrastructure. Business intelligence systems are a particular focus as organisations look to exploit big data. SALARIES & BENEFITS Salaries are currently increasing at a rate of 5-10%. 2
4 Companies are looking for candidates who can demonstrate that they add value to the organisation. MAINLAND CHINA A TOUGHER ENVIRONMENT FOR SENIOR FINANCE PROFESSIONALS Growth rates have slowed in Mainland China and there is some economic uncertainty. We saw little discernible change to the recruitment market in Senior Finance in 2H 2014, although in many companies recruitment budgets appear to be static or even declining. Most hiring has been focused on replacement headcount, with a focus on roles in strategic finance (commercial/fp&a) as well as CFO/Finance Director. Fluency in a foreign language and ability to communicate with the business are likely to be the important attributes for landing a senior role at a multinational or internationally active company. Senior Finance professionals will find it more difficult to find their dream role than was the case a couple of years ago, says Marlon Mai, Associate Director, Finance at Morgan McKinley s Shanghai office. The market has become more competitive and hiring organisations expectations are therefore higher. Business partner is a phrase that we hear a lot companies are looking for candidates who can demonstrate that they add value to the organisation that goes beyond technical competency in finance. In-depth knowledge of IFRS and US GAAP is a must for most reporting roles in multinationals, though as the gap between the two regulatory regimes closes, so experience of one rather than the other won t necessarily exclude you from a role. There are a lot of ERP implementations taking place in China, in particular SAP, so this is also a useful skill to have on your CV. 3
5 SALARIES & BENEFITS We expect to see merit increases of around 8% in 2015, rather less than Senior Finance employees might have expected in recent years. 4
6 Most companies will promote internally before even looking at the external talent pool. HONG KONG A QUIET MARKET The recruitment market for Senior Finance professionals remained slow in the second half of 2014, with a prevailing mood of economic uncertainty depressing demand and globalisation shrinking many organisations finance functions. Hong Kong s retail and luxury goods sector has been particularly hard hit after the Chinese Government took action to raise awareness on bribery and corruption. As a result, consumers on the mainland have been rather more cautious in their spending. With many organisations in commerce and industry freezing pay and recruitment, and many consolidating functions, there has been little movement. In this environment; most companies will look to make an internal promotion before they even consider the external talent pool, says Jacky Cheung, Manager at Morgan McKinley Hong Kong. Any external recruitment that has taken place has been focused on strategic finance, systems and finance projects, and at the very top level (CFO and Finance Director). We expect to see new systems implementations and conversion projects initiated next year and this will stimulate the demand for experienced finance professionals who can lead these projects. Things may improve later in 2015 but the market traditionally goes very quiet in the lead up to the Chinese New Year, as people await first end of year bonuses and then discretionary bonuses in February, says Cheung. SALARIES & BENEFITS We expect to see increases averaging around 4-5% in
7 There is pressure on the contract market as candidates have more permanent options. IRELAND TOP CANDIDATES GETTNG MULTIPLE OFFERS In Ireland the economic upswing is making an impact on the Senior Finance recruitment market, with companies taking on new headcount in both financial services and commerce and industry. As confidence grows companies are investing in more commercial and regulatory roles. To secure their preferred candidate the focus now needs to be on streamlining the end-to-end recruitment process. Salary, benefits and clear progression plans are now equally weighed in the candidate s decision-making process. Companies that provide full visibility to these offerings during the interview process are inevitably securing the top talent. This is putting pressure on the contract market as candidates have more permanent options, adds Saoirse O Brien, Senior Consultant, Finance & Accounting. Whilst we have seen a growth in the economy the demand for high quality candidates remains competitive, with candidates receiving multiple job offers. In financial services in particular it is vital that Senior Finance professionals stay on top of the international regulatory environment and IFRS changes. Qualifications remain vital and it is important to keep up to date with the latest regulatory and reporting changes. In the current market, where there are plenty of good opportunities, my advice to candidates is to choose where they want to work very carefully. Working for a strong brand during your early to mid-career and building commercial awareness will ultimately help accelerate your progression into a senior role, says Grace Gilbert, Senor Consultant at Morgan McKinley, Dublin. SALARIES & BENEFITS We expect to see salaries increasing by about 5% on average in 2015 and bonuses reintroduced based on improved market sentiment. With the contract market heating up employees can expect to see more performance-related payments, including completion bonuses. 6
8 Candidates must be able to articulate how their experience can add value in setting the business strategy. JAPAN ORGANISATIONS LOOKING FOR ADAPTABLE & FLEXIBLE FINANCE PERSONNEL Hiring has remained robust in Senior Finance in Japan despite a rather sluggish economy, which largely shrugged off the effects of a hike in sales tax last April. Many organisations are going through a period of organisational change, IT implementations and globalisation of some functions while facing a shortage of suitably qualified local talent. There are also new compliance and regulatory challenges coming up. We are seeing more replacement headcount but contract hiring is increasing in importance in this market, says Brendan Walsh, Manager, Accounting & Finance at Morgan McKinley s Tokyo office. Employers may find it increasingly difficult to find suitably qualified bilingual talent. The talent pool is very passive in the current climate of uncertainty, says Walsh. Business partnering is the key phrase that we hear time and again from hiring organisations. Finance professionals looking to step up to a more senior role must be prepared to explain to hiring managers the value that they can add outside of the finance silo. There is an expectation that the head of finance can provide valuable input on setting the business strategy, says Walsh. At interview, it is vital that candidates demonstrate that they have done some research into the company and can clearly articulate how their experience can help it to succeed. Domain-specific accounting knowledge is also very important. For example, retail organisations want to hire people who understand how accounting practices apply specifically to the retail environment people who can hit the ground running. With many organisations facing a tough economy there is a strong focus on doing more with fewer resources. A major factor in the current Japanese employment market is the weakening yen. This is benefiting export-led companies, but many are suffering as a result of the rise in the price of imported goods and services, notably energy. 7
9 SALARIES & BENEFITS Salaries are now trending upwards in Japan after some years of stagnation or negative growth, but not significantly. Those changing jobs can realistically expect an increase in salary in the order of 5-10%. We don t envisage any changes to bonuses or performance-related pay, though more companies are considering sign-on bonuses as a way of getting around rigid pay ranges. 8
10 There is a growing expectation that Senior Finance professionals should be more hands-on. SINGAPORE WILLINGNESS TO TRAVEL INCREASINGLY IMPORTANT We currently have approximately ten well qualified Senior Finance candidates chasing every two open Senior Finance positions here in Singapore s commercial and industrial sectors, says Yanni Ma at, Manager, Accounting & Finance Morgan McKinley Singapore. The situation was somewhat better in financial services. Economic performance was relatively weak in 2014 and there is lingering uncertainty about the future, which is having an impact on recruitment decisions. Companies will sometimes go through seven or eight rounds of interview only to decide not to proceed with any external candidate or to put the role on hold, says Ma at. I would advise Senior Finance professionals to stay with their current employers until they have a confirmed job offer. Any other approach is too risky as many Senior Finance professionals have been unemployed for several months, adds Ma at. Greater internal global mobility and reorganisations are also having a negative effect, on the contract as well as permanent employment market. More and more Singaporebased companies are offshoring or outsourcing transactional finance functions, so in 2015 most senior-level opportunities will be in strategic finance, financial reporting and systems and project finance. Candidates with experience of ERP software suites, especially SAP, will have an advantage. Willingness to travel is very often an important requirement in a job specification and even if it isn t, Senior Finance professionals will often find it difficult to advance if they are not prepared to travel extensively or even relocate. This is creating frustration and dissatisfaction on both sides. Many are unable to travel extensively, while other Senior Finance people do not have strong regional experience. Moreover, with the consolidation of functions, there is a growing expectation that Senior Finance professionals should be able to be more hands-on, working with less support for long periods. Many are reluctant to work under these conditions, says Ma at. This is a new environment. While it is frustrating for some, it creates opportunities for younger candidates who are more flexible, concludes Ma at. 9
11 SALARIES & BENEFITS Pay increases will be very low and some working in commerce and industry will even face pay cuts. 10
12 Emiratisation is a major challenge. UNITED ARAB EMIRATES LENGTHY HIRING PROCESSES The United Arab Emirates is an excellent market for top candidates but these are thin on the ground, while lengthy hiring processes and political considerations are making it difficult for many candidates looking to step into a senior role. There are plenty of opportunities in Dubai but Emiratisation is a major challenge for candidates from abroad and for many hiring organisations, says Vilius Dobilaitis, Consultant at Morgan McKinley United Arab Emirates. There is an inadequate supply of local talent, so if companies are unable to fill a post with a candidate who is a native or who is already based in the UAE they will tend to look to Europe, in particular Ireland and lower cost Eastern European countries, and to Australia and South Africa. However, relocation is often a last resort and regional experience gives candidates a distinct advantage. Organisations like to promote internally if possible but there is quite a lot of movement between organisations and industries. Hiring organisations believe that a fresh pair of eyes can help solve ongoing issues, says Dobilaitis. Experience of ERP systems, in particular Oracle, SAP and Microsoft is a distinct advantage, as is fluency in a second language. SALARIES & BENEFITS Top candidates command a premium while salaries are likely to increase across the board by an average of 10% in
13 Organisations will be challenged to identify and attract top talent, with the best Senior Finance professionals being highly regarded by their current employers. UNITED KINGDOM ORGANISATIONS COMPETE FOR THE BEST SENIOR TALENT In the second half of 2014 we saw many organisations looking to bolster value add functions such as Financial Planning & Analysis, in contrast to the first half of the year, when the focus was on regulatory positions in response to pressures from the Bank of England, the Financial Conduct Authority and the Prudential Regulation Authority. Nevertheless, compliance and regulatory issues remain a strong driver of demand with the ongoing adoption of the Basel III framework. The challenge for many companies is to identify and attract top talent, with many Senior Finance professionals being highly regarded by their current employers. This means that the best people will almost certainly get a counter offer in an effort to stop them joining a competitor. Some organisations may be willing to look abroad as an alternative to the London market but visa constraints are a problem when considering candidates from outside the EU, comments Paul Jagdev, Manager, Senior Finance Recruitment, Financial Services at Morgan McKinley s London office. A number of financial services firms are looking to exit certain business areas which attract a high capital reserve, therefore making profits harder to generate. The resulting redundancies may stimulate candidate flow in 2015, although the very best individuals will be mopped up internally, perhaps before potential new employers are aware of their situation, he adds. Preparation for interviews is the key to success in this market and it is crucial that candidates for senior roles should prepare from both a technical and competency perspective. I make a point of meeting every candidate before an interview to help with how to structure the best approach to the various aspects of the interview, says Jagdev. Exposure to both IFRS and other international accounting frameworks, such as US or Japanese GAAP, are powerful assets alongside familiarity with Basel III. In addition to such technical skill-sets there is demand for individuals with strong people-management kills and the ability to network and build relationships with key stakeholders. 12
14 SALARIES & BENEFITS We are unlikely to see much movement in salaries at the moment. We may see the bonus buy-out culture return as hiring organisations compete against each other for top talent in
15 GLOBAL TREND REPORT SENIOR FINANCE A MORGAN McKINLEY GROUP COMPANY
GLOBAL TREND REPORT SPECIALIST FINANCE H1 JAN-JUN
GLOBAL TREND REPORT SPECIALIST FINANCE 014 H1 JAN-JUN A MIXED GLOBAL OUTLOOK FOR HIRING ORGANISATIONS AND CANDIDATES In line with our commitment to keep professionals working in Specialist Finance functions
More informationGLOBAL TREND REPORT IT PROJECT MANAGEMENT OFFICE 2015 OUTLOOK
GLOBAL TREND REPORT IT PROJECT MANAGEMENT OFFICE 015 2015 OUTLOOK A FAST-CHANGING GLOBAL RECRUITMENT MARKET REQUIRING TOUGH CHOICES In line with our commitment to keep professionals working in the IT Project
More informationGLOBAL TREND REPORT TAX 2015 OUTLOOK
GLOBAL TREND REPORT TAX 015 2015 OUTLOOK GLOBAL DEMAND FOR CORPORATE TAX COMPLIANCE AND INTERNATIONAL TAX EXPERTS In line with our commitment to keep professionals working in the Tax discipline up to date
More informationGLOBAL TREND REPORT IT PROJECT MANAGEMENT OFFICE H1 JAN-JUN
GLOBAL TREND REPORT IT PROJECT MANAGEMENT OFFICE 014 H1 JAN-JUN MOOD OF OPTIMISM In line with our commitment to keep professionals working in IT Project Management Office functions up to date with employment
More informationGLOBAL TREND REPORT HUMAN RESOURCES H1 JAN-JUN
GLOBAL TREND REPORT HUMAN RESOURCES H1 JAN-JUN GROUNDS FOR OPTIMISM IN 2014 In line with our commitment to keep professionals working in Human Resources functions up to date with employment and recruitment
More informationGLOBAL TREND REPORT IT DEVELOPMENT & TESTING 2015 OUTLOOK
GLOBAL TREND REPORT IT DEVELOPMENT & TESTING 015 2015 OUTLOOK MOBILE & DIGITAL TECHNOLOGIES AND ANALYTICS DRIVING DEMAND In line with our commitment to keep professionals working in the IT Development
More informationGLOBAL TREND REPORT TAX H1 JAN-JUN
GLOBAL TREND REPORT TAX 014 H1 JAN-JUN STRONG MOMENTUM IN UK & IRELAND In line with our commitment to keep professionals working in the Tax discipline up to date with employment and recruitment trends,
More informationGLOBAL TREND REPORT HUMAN RESOURCES 2015 OUTLOOK
GLOBAL TREND REPORT HUMAN RESOURCES 015 2015 OUTLOOK ECONOMIC GROWTH & ORGANISATIONAL CHANGE CREATING NEW OPPORTUNITIES By and large the market for human resources professionals has improved with the economic
More informationGLOBAL TREND REPORT MARKETING H1 JAN-JUN
GLOBAL TREND REPORT MARKETING 014 H1 JAN-JUN DEMAND FOR DIGITAL, SOCIAL & CONTENT MARKETERS In line with our commitment to keep professionals working in Marketing functions up to date with employment and
More informationGLOBAL TREND REPORT MARKETING 2015 OUTLOOK
GLOBAL TREND REPORT MARKETING 015 2015 OUTLOOK A HIGHLY POSITIVE OUTLOOK FOR MARKETING PROFESSIONALS The Marketing discipline has been evolving rapidly over the past few years. The emphasis on digital
More informationGLOBAL TREND REPORT RISK H1 JAN-JUN
GLOBAL TREND REPORT RISK 014 H1 JAN-JUN INCREASED RISK AWARENESS DRIVING GLOBAL DEMAND In line with our commitment to keep professionals and hiring organisations involved in Risk Management functions up
More informationincreased demand for banks to help companies structure their finances. 2016 EXPECTATIONS
Thailand IT WAS A TRANSITIONAL YEAR FOR THAILAND IN 2015 AS COMPANIES FOCUSED ON DRIVING DOWN COSTS DUE TO THE GENERAL SLOWDOWN ACROSS SOUTH- EAST ASIA, HOWEVER RECRUITMENT WILL REMAIN BUOYANT IN 2016.
More informationGLOBAL TREND REPORT INSURANCE H1 JAN-JUN
GLOBAL TREND REPORT INSURANCE 014 H1 JAN-JUN AN IMPROVING MARKET WORLDWIDE In line with our commitment to keep professionals working in Insurance up to date with employment and recruitment trends, at the
More information2015 WAS A MIXED YEAR FOR THE INDONE- SIAN RECRUITMENT MARKET.
Indonesia 2015 WAS A MIXED YEAR FOR THE INDONE- SIAN RECRUITMENT MARKET. A slowdown in growth, political challenges, a continuing failure to address critical infrastructure issues and a declining rupiah
More informationVietnam. companies and retailers might consider individuals with complementary FMCG experience whose skills can be refined internally.
Vietnam 2015 WAS A POSITIVE YEAR FOR RECRUITMENT IN VIETNAM. STRONG LEVELS OF DEMAND WERE DRIVEN BY NEW BUSINESSES ENTERING THE MARKET, INCLUDING THE ARRIVAL OF MAJOR COMPANIES FROM AUSTRALIA, THE US AND
More informationMANAGING DIRECTOR S LETTER
SUPPLY CHAIN & PROCUREMENT SALARY SURVEY GUIDE UAE 2014 CONTENTS MANAGING DIRECTOR S LETTER 2 SUPPLY CHAIN & PROCUREMENT 3 MARKET INSIGHT 4 SALARY GUIDE 5 UNDERSTANDING THIS GUIDE 6 TALK TO US 7 MANAGING
More informationForeword. Arati Porwal Chief Representative India CIMA
1 Foreword Despite the global economic uncertainty, CIMA s members and students are in demand. Our 2012 salary survey shows that chartered management accountants are commanding salaries that reflect their
More informationAn initiative set up by the indigenous Irish
Information Technology Permanent An initiative set up by the indigenous Irish software sector supported by Enterprise Ireland IT s Happening Here is indicative of what is happening in the IT/software job
More informationPROJECT MANAGEMENT SALARY SURVEY 2014
ESI INTERNATIONAL ASIA PACIFIC PROJECT MANAGEMENT SALARY SURVEY 2014 An ESI International study SURVEY OBJECTIVES The inaugural Asia Pacific project management salary survey conducted by ESI International
More informationHow To Recruit Insurance Professionals
GLOBAL TREND REPORT INSURANCE 015 2015 OUTLOOK ECONOMIC UPSWING AND REGULATIONS DRIVING UP DEMAND Morgan McKinley is active in recruiting professionals for insurance companies around the globe. We asked
More informationThe Salary Market For Accounting and Finance Professionals
SALARY GUIDE 2012Finance & Accounting 2012 Salary Guide Finance & Accounting Asia Table of Contents From the Managing Director 1 Using the Salary Guide 2 Signs it s time to hire 3 Hiring landscape in Asia
More informationCIMA salary survey 2012
CIMA salary survey 2012 United Kingdom 1 Foreword Despite the ongoing economic turbulence in the British economy, CIMA s members and students are in demand. Our 2012 salary survey shows that chartered
More informationLegal in-house financial services salary guide 2011. taylorroot.com
Legal in-house financial services salary guide 2011 Introduction Our legal financial services division specialises in recruiting permanent and temporary legal professionals at all levels from paralegals
More informationTHE CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS SURVEY 2015 HONG KONG REPORT
THE CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS SURVEY 2015 HONG KONG REPORT 2 THE CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS SURVEY 2015 HONG KONG REPORT LEGAL NOTICE CPA Australia Ltd ( CPA Australia )
More informationACCA members career survey 2013
ACCA members career survey 2013 Contents Foreword 3 Executive summary 4 ACCA Qualification supports salaries 5 ACCA members receive widespread bonuses and benefits 6 ACCA Qualification opens doors 7 Methodology
More informationSOUTH AFRICA. It was a relatively good year for recruitment in South Africa.
SOUTH AFRICA It was a relatively good year for recruitment in South Africa. Market conditions improved compared to 2013, although the country continued to face a number of key challenges. During 2014,
More informationglobal ENTERPRISE SURVEY REPORT 2011 asia-pacific
global ENTERPRISE SURVEY REPORT 2011 asia-pacific A UNIQUE AnnuAL insight into the competitiveness of ASIA-PAcific businesses And developments in GLOBALisAtion business with confidence icaew.com/smeresearch
More informationAccountancy & Finance Salary Guide 2015 www.sigmar.ie
www.sigmar.ie Accountancy & Finance Salary Guide 2015 Sigmar Recruitment Sigmar Recruitment, established 2002, is a leading Irish recruitment services company with 15 specialist divisions across the entire
More informationTable of Contents. From the Managing Director Using the 2015 Robert Half Salary Guide The hiring landscape across Asia
Salary Guide Table of Contents 3 4 5 6 9 9 11 15 17 20 20 22 25 27 30 30 33 38 39 41 41 From the Managing Director Using the Robert Half Salary Guide The hiring landscape across Asia Hiring outlook in
More informationTHE HUDSON REPORT HONG KONG EMPLOYMENT AND HR TRENDS OCTOBER - DECEMBER 2011 FROM GREAT PEOPLE TO GREAT PERFORMANCE
THE HUDSON REPORT EMPLOYMENT AND HR TRENDS OCTOBER - DECEMBER 2011 HONG KONG FROM GREAT PEOPLE TO GREAT PERFORMANCE INTRODUCTION The Hudson Report is an established and highly respected publication, based
More informationLegal Private Practice Market Report & Salary Survey 2012/2013 Hong Kong
Legal Private Practice Market Report & Salary Survey 2012/2013 Hong Kong Introduction Welcome to the Taylor Root Hong Kong Private Practice market report for 2012/2013. Our report includes an appraisal
More informationMARKET REVIEW & SALARY SURVEY 2014
INTRODUCTION GRMSearch is pleased to present its annual market review and salary survey for the financial year in the People s Republic of China (the PRC). We aim to provide our clients and candidates,
More informationTax Market Report 2013-2014. Executive Search and Selection Market Intelligence & Research Remuneration Studies Talent Mapping Career Management
Tax Market Report 2013-2014 Executive Search and Selection Market Intelligence & Research Remuneration Studies Talent Mapping Career Management Jon Michel Executive Search ABN 75 068 366 101 www.jmes.com.au
More informationCIMA SALARY SURVEY 2013. Sri Lanka
CIMA SALARY SURVEY 2013 Sri Lanka 1 Foreword This year s annual salary survey of the CIMA community in Sri Lanka highlighted another year of rapid career progression across all areas of a business and
More informationcareer legal Market Review
career legal Market Review & Salary Survey 2013 introduction Welcome to the Career Legal Market Review and Salary Survey for 2013. Following a turbulent time across the industry over the last few years
More informationTAIWAN. The number of visitors to Taiwan from mainland China increased SUMMARY
TAIWAN SUMMARY Economic conditions improved in Taiwan in 2014. Throughout the year, domestic manufacturing (which accounts for 75% of GDP), increased due to improved international demand, as evidenced
More informationThe State Of The UK IT Recruitment Market
The State Of The UK IT Recruitment Market www.itjobboard.co.uk T: 020 7307 6300 Report Background The purpose of the report is to summarise the current state of the IT recruitment market in The UK. This
More informationWHITE PAPER. Be Active about Passives! Why Corporations need to rethink how they recruit for executive and strategic roles
WHITE PAPER Be Active about Passives! Why Corporations need to rethink how they recruit for executive and strategic roles Published by Dillistone Systems September 2015 Introduction Today, passive candidate
More informationThe Power of Protection. Confidence in the future. Global Report
The Power of Protection Confidence in the future Global Report 2 The Power of Protection Confidence in the future Contents 4 Foreword 6 Key findings 8 A positive outlook 10 Planning for the future 14 Sufficiently
More informationQuarterly Sales Index. Firms forced to compromise as vacancy growth threatens revenues
Quarterly Sales Index Firms forced to compromise as vacancy growth threatens revenues Firms forced to compromise as vacancy growth threatens revenues As the growth in sales vacancies accelerates revenue
More informationSage 300 Finance. Sage 300 Finance. Industry Solution. Generic to all Industries and Organisations. Target. Business Processes. Business Challenges
Sage 300 Finance Ensure you stay competitive in today s global economy with Sage 300 Finance! We offer you far more than simple financial accountability and compliance. Allow your business to evolve with
More information2015 Trends & Insights
Asia Pacific Mobility The Asia Pacific Mobility Brookfield Global Relocation Services Trends & Insights report is reflective of the global economy which is strongly tied with the economic realities of
More informationBRAZIL. 2013 was a slow year in Brazil with just over 2% GDP growth.
BRAZIL 2013 was a slow year in Brazil with just over 2% GDP growth. Compared to 2012, however, Brazilian businesses were better able to anticipate market conditions and respond accordingly. As a result,
More informationskills mismatches & finding the right talent incl. quarterly mobility, confidence & job satisfaction
skills mismatches & finding the right talent incl. quarterly mobility, confidence & job satisfaction Randstad Workmonitor Global Press Report wave 3-2012 Randstad Holding nv September 2012 content Chapter
More informationUCISA CASE STUDY. Middlesex University succeeds in offshoring core operations to India. www.ucisa.ac.uk. Outcomes. Drivers
Middlesex University succeeds in offshoring core operations to India Drivers Make significant savings on UK staffing Streamline business processes Improve data quality Improvements to the student experience,
More informationRecession and Employment in the Gulf
Recession and Employment in the Gulf Saudi Arabia Kuwait Qatar Oman Bahrain UAE RESEARCH 2009 Introduction This research study is intended to provide an overview of key employment and recruitment trends
More informationRandstad MENA Salary Survey 2016
The Randstad MENA Salary Survey 2016 Based on salaries throughout the Middle East and North Africa With the oil prices at their lowest point since 2009, the Middle East is having to find strategic ways
More informationJob description. Hong Kong Graduate Program Assurance Audit Staff Accountant (for applicants graduating in 2016) Who we are
Assurance Audit Staff Accountant (for applicants graduating in 2016) Background to Assurance Assurance professionals play a vital role in the economy by providing companies, investors and regulators with
More informationBELGIUM. 2014 was a year of recovery for Belgium.
BELGIUM 2014 was a year of recovery for Belgium. Confidence was reflected in increased hiring levels across a range of sectors including manufacturing, retail, services and even banking. Companies focused
More informationIT Monitor / Q2 2015. IT Monitor Q2-2015. Latest salary and vacancy trends across the IT industry in the UK. computer people. computerpeople.co.
IT Monitor Q2-2015 Latest salary and vacancy trends across the IT industry in the UK.co.uk Pay rates boosted while businesses play it safe Q2 was borne of the uncertainty that a General Election brings,
More informationSALARY SURVEY & GUIDE 2013
LEGAL MARKET SALARY SURVEY & GUIDE 2013 HONG KONG WWW..COM INTRODUCTION GRMSearch is pleased to present its annual market review and salary survey for the financial year in Hong Kong. We aim to provide
More informationTAXREP 01/16 (ICAEW REP 02/16)
TAXREP 01/16 (ICAEW REP 02/16) January 2016 ICAEW research survey: HMRC Customer Service Standards 2015 Results of the ICAEW 2015 research survey among ICAEW smaller agents about HMRC service standards.
More informationHIRING THE BEST IN 2016
Germany Düsseldorf Frankfurt OVERALL, THE GERMAN JOBS MARKET WAS BUOYANT IN 2015. A HEALTHY ECONOMY LED TO STRONG LEVELS OF JOB CREATION AND A GROWING SHORTAGE OF SKILLS. THIS TREND IS LIKELY TO CONTINUE
More informationShow your value, grow your business:
Show your value, grow your business: A SUPPLIER GUIDE TO MOVE FROM A TRANSACTIONAL PROVIDER TO A STRATEGIC PARTNER KAREN A. CALINSKI INTRODUCTION /02 At KellyOCG we take a holistic approach to talent sourcing
More information2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE. Salary and recruiting trends across Asia
2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE Salary and recruiting trends across Asia SECTOR OVERVIEW CHINA China is becoming a R&D base for the global IT market which is leading to increased demand for
More informationSino Belgian Business Survey 2014. Results. Comparing Apples to Apples
Sino Belgian Business Survey 2014 Results Comparing Apples to Apples www.moorestephens.be PRECISE. PROVEN. PERFORMANCE. Contents Page 1. Executive Summary 2 2. Survey Demographics 3 3. Growth and Margins
More informationimpact ACTIONABLE INSIGHT FOR BUSINESS LEADERS / OUTSOURCING / JUNE 2016 ADDED VALUE OUTSOURCING
ADDED VALUE OUTSOURCING 03 Outsourcing has been popular among insurers for decades, but in this post-solvency II era, insurers must develop a deeper understanding of where third-party providers can create
More informationICT Salary & Employment Index. Spring 2014
ICT Salary & Employment Index Spring 2014 Market Update NATIONAL The last quarter has seen a vibrant market for technology skills across much of Australia. Over the May-July quarter, demand has strengthened
More informationSalary Benchmarking. For Accounting Firms
Salary Benchmarking For Accounting Firms Salary benchmarking tools allow firms to understand the true cost of hiring the right candidate and structure pay and rewards accordingly. It is a critical part
More informationAccountancy: The future outlook
report Accountancy: The future outlook ACCOUNTANCY: the FUTURE OUTLOOK 1 The global economy insight and analysis Global economic conditions continue to dominate business life. They are at the top of the
More informationCIMA SALARY SURVEY 2013. Republic of Ireland
CIMA SALARY SURVEY 2013 Republic of Ireland 1 Foreword CIMA s members and students are looking forward to rapid career progression and salary rises well above the national average - despite the continuing
More information2012 Hays IT Salary Guide
2012 Hays IT Salary Guide hays.ie Copyright Hays plc 2012. HAYS, the Corporate and Sector H devices, Recruiting experts worldwide, the HAYS Recruiting experts worldwide logo and Powering the World of Work
More informationAUSTRALIAN HUMAN RESOURCES SALARY SURVEY 2010/2011. www.frazerjones.com.au
AUSTRALIAN HUMAN RESOURCES SALARY SURVEY 2010/2011 INTRODUCTION Frazer Jones is a global, market leading recruitment business working exclusively within the Human Resources market. Established as HR Matters
More informationSmall Business. Optimism Report
Small Business Optimism Report Table of Contents Introduction 3 Survey Results 4 Economic Improvements: Perception vs. Reality 4 Top Concerns: Looking Back, Looking Ahead 5 Workforce Growth: Staying the
More informationSalary Guide. Well-rounded. Financial reporting. Reconciliations. Integrity IFRS. Growth. Accounting + + Strategy Customer service
Financial reporting Well-rounded Pivot tables Management Presentation skills Technology Negotiation Connections Ethics Compliance Compliance Finance Guidance Business acumen Leadership Soft skills General
More informationFundamentals Explained
Fundamentals Explained Purpose, values and method of Scouting Item Code FS140099 July 13 Edition no 2 (103297) 0845 300 1818 Fundamentals Explained This document contains detailed information on Fundamentals
More informationStrategic priorities for UK businesses
Strategic priorities for UK businesses An independent report on the issues affecting today s CFOs Contents 03 04 06 09 10 11 Strategic priorities for UK businesses Executive summary The view from within:
More informationManagement Update: Selecting the Right ERP II Service Partner Is a Critical Success Factor
IGG-10232002-02 P. Phelan Article 23 October 2002 Management Update: Selecting the Right ERP II Service Partner Is a Critical Success Factor Service partner relationships will grow to enable more holistic
More informationCIMA SALARY SURVEY 2013. United Kingdom
CIMA SALARY SURVEY 2013 United Kingdom 1 Foreword CIMA s members and students are looking forward to rapid career progression and salary rises well above the national average - despite the continuing economic
More informationJAPAN SALARY GUIDE 2015 1
JAPAN SALARY GUIDE 2015 1 morganmckinley.co.jp 2 MANAGING DIRECTOR S LETTER The majority (60%) of permanent employees who responded to the 2015 Morgan McKinley Salary Survey, say they have received an
More informationInternational Education in the Comox Valley: Current and Potential Economic Impacts
International Education in the Comox Valley: Current and Potential Economic Impacts FINAL REPORT March 2012 Prepared by: Vann Struth Consulting Group Inc. Vancouver, BC www.vannstruth.com Prepared for:
More informationA Guide to Cover Letter Writing
A Guide to Cover Letter Writing Contents What is a Cover Letter?... 2 Before you get started - Do your Research... 3 Formatting the letter... 4 Cover letter content... 5 Section 1 - Opening... 5 Section
More informationAsia Salary Guide 2011-2012. Reputation is everything
Asia Salary Guide 2011-2012 Reputation is everything Contents Executive Summary... 3 Salary Tables Banking & Financial Services Market Overview... 4 Project Management & Business Analysis... 5 Senior Management...
More informationBENEFITS & COMPENSATION INTERNATIONAL TOTAL REMUNERATION AND PENSION INVESTMENT
BENEFITS & COMPENSATION INTERNATIONAL TOTAL REMUNERATION AND PENSION INVESTMENT Compensation and Benefits in Iraq Mirna Charaf El Dinne Mirna Charaf El Dinne is a consultant with Hay Group in the Middle
More informationCIMA SALARY SURVEY 2013. Australia
CIMA SALARY SURVEY 2013 Australia 1 Foreword CIMA s members and students are looking forward to rapid career progression and salary rises above the national average - despite the continuing economic uncertainty.
More information2011 GLOBAL INVESTMENT MANAGEMENT SURVEY
2011 GLOBAL INVESTMENT MANAGEMENT SURVEY In this world, nothing can be said to be certain, except death and taxes. If Benjamin Franklin were a 21 st century investment manager, he would be tempted to add
More informationMust have law firm experience. Where are the new ideas coming from?
Must have law firm experience. Where are the new ideas coming from? Same old same old. Must have previous law firm experience. This has to be the most common phrase to appear on job descriptions for marketing
More informationBe the Future of Banking
Create your own Career PatH Be the Future of Banking Careers for UAE Nationals CoNteNtS 3 our Bank 4 overview of the Programmes 6 the skills we look for 7 amanah 7 Success story Amani Ali 8 Success story
More informationUnderstanding World Currencies and Exchange Rates
Understanding World Currencies and Exchange Rates Contents Currencies Exchange Rates Exchange Rate Movements Interpreting Numerical Exchange Rate Movements How Foreign Exchange Markets Work Why Exchange
More informationSALARY SURVEY 2015 JAPAN
SALARY SURVEY 2015 JAPAN JAPAN The Japanese Government s business-friendly policies began to have a positive effect in 2014. Measures to stimulate the economy boosted confidence and created buoyancy within
More informationStrong Hiring Trends in China, Hong Kong, Japan and Singapore Reach Highest Levels in Four Years
For Immediate Release Contact: Tricia Stevenson Hudson (852) 2919 6153 tricia.stevenson@hudson.com Strong Hiring Trends in China, Hong Kong, Japan and Singapore Reach Highest Levels in Four Years Comprehensive
More informationUS law firms in London Associate salary guide 2011/2012
US law firms in London Associate salary guide 2011/2012 US law firms in London: Associate salary guide 2011 About the survey Market overview The results of this survey relate to UK qualified associates
More informationFaculty of Science and Engineering Placements. Stand out from the competition! Be prepared for your Interviews
Faculty of Science and Engineering Placements Stand out from the competition! Be prepared for your Interviews Interviews Getting an invitation to attend for an interview means you has passed the first
More informationFor personal use only
Attention ASX Company Announcements Platform Lodgement of Open Briefing ASX ANNOUNCEMENT: 8 February 2012 CEO and CFO on Half Year Results and Outlook Open Briefing with and CFO Martin Brooke Talent2 International
More informationMiddle East Private Practice Market & Salary Review 2012. taylorroot.com
Middle East Private Practice Market & Salary Review 2012 Middle East Private Practice Market & Salary Review 2012 Introduction We are delighted to present our market review of the Middle East private practice
More informationWHAT THE RESEARCH TOLD US...
1 INTRODUCTION In late 2014, we commissioned PFA Research to undertake independent research into the senior level job market, to gain a clear insight into how today s market works from a candidate and
More informationASIA DESTINATION FOR TALENT LEADING FROM THE FRONT
ASIA DESTINATION FOR TALENT LEADING FROM THE FRONT The 2014 Hays Asia Salary Guide CONTENTS 4 Market Overview & Trends 5 Introduction 6 Salary policy 12 Recruitment trends 18 Business/economic outlook
More informationTHE STATE OF THE New ECONOMY
THE STATE OF THE New Zealand DIGITAL ECONOMY October 2012 CONTENTs EXECUTIVE SUMMARY 2 EXPANDING THE DIGITAL ECONOMY 3 THE PROMISE OF THE DIGITAL ECONOMY 5 CLOUD COMPUTING: THE BENEFIT OF NEW TECHNOLOGIES
More informationTHE CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS SURVEY 2015
THE CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS SURVEY GENERAL REPORT FOR AUSTRALIA, CHINA, HONG KONG, INDONESIA, MALAYSIA, NEW ZEALAND, SINGAPORE AND VIETNAM 2 THE CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS
More informationJob Title Dublin Cork Regional
IT Permanent There were many similar themes and messages coming through from respondents to our 2014 IT Salary Survey. Again the IT market has performed very well in what is generally seen as an improving
More informationInternational Management Trainee Program. Global company, Local focus
International Management Trainee Program Global company, Local focus Meltwater News is a company born of entrepreneurial attitude, strong work ethic and genuine team spirit which has catapulted a small
More informationMasters in Finance Employment Report 2011 Access one of the world s most diverse pools of finance talent
Next Exit Print Employment Report 2011 Access one of the world s most diverse pools of finance talent www.london.edu/recruitourtalent/ Introduction From the Director I am pleased to share with you the
More information2.9.7 Other... 37 3.0 Summary... 38 4.0 About CCP... 39
Table of Contents 1.0 Executive Summary... 1 2.0 Survey Results... 3 2.1 Respondents... 3 2.2 Social Media and Recruitment... 6 2.2.1 Role of Social Media... 8 2.2.2 Brand Awareness... 8 2.2.3 Benefits
More informationROBERT WALTERS CAREER GUIDE FOR ACCOUNTANTS
ROBERT WALTERS CAREER GUIDE FOR ACCOUNTANTS Introduction A Career Guide for Accountants 1 Making the right decision We are committed to finding you the right role If you re reading this career guide,
More informationEASTSPRING INVESTMENTS ASIA INVESTOR BEHAVIOUR STUDY 2015 INDONESIA. October 2015. eastspring.co.id
EASTSPRING INVESTMENTS ASIA INVESTOR BEHAVIOUR STUDY 2015 INDONESIA October 2015 eastspring.co.id 2 Asia Investor Behaviour Study 2015 - Indonesia Asia Investor Behaviour Study 2015 - Indonesia CONTENTS
More informationwww.ilxgroup.com APPLYING BEST PRACTICE FOR PROJECT MANAGEMENT SUCCESS
www.ilxgroup.com W H I T E P A P E R APPLYING BEST PRACTICE FOR PROJECT MANAGEMENT SUCCESS EXECUTIVE SUMMARY Individuals and organisations are looking to adopt Best Practice to succeed in project and programme
More informationMARKET INTELLIGENCE INDUSTRY KNOWLEDGE. UAE Salary Guide and Market Overview 2014. hays.ae
MARKET INTELLIGENCE INDUSTRY KNOWLEDGE UAE Salary Guide and Market Overview 2014 hays.ae CONTENTS Introduction 1 Accountancy & Finance 2 Construction & Property 4 Human Resource 8 Information Technology
More informationWorldwide Microsoft Dynamics Recruitment
Worldwide Microsoft Dynamics Recruitment Introduction Staffing is often the most difficult, and yet, the most overlooked part of any dynamics project. At Hunter Charles we focus on the supply of MS Dynamics
More informationFTI Consulting +44 (0)20 3727 1340 Richard Mountain / Susanne Yule
13 October 2015 THIRD QUARTER 2015 INTERIM MANAGEMENT STATEMENT Highlights* 10.2% Group gross profit growth, good contributions from all four regions FX lowered gross profit by c. 7m (c. 18m YTD) Double-digit
More informationfor 2015 Operations & Change Management www.michaelpage.co.uk
the outlook for 2015 Operations & Change Management www.michaelpage.co.uk Contents Operations 1-3 Change management 4-5 1 Operations The Operations Team at Michael Page covers all business as usual and
More information