Getting under the skin of the severe finance and tech candidate shortage

Spotting the right talent in a skills crisis

The skills crisis adds another layer of difficulty to recruiting in a candidate-driven market. In fact, 24% of businesses are witnessing a lack of ‘knowledge of emerging technologies and solutions’.

It’s not breaking news that data competencies top the list of most in-demand skills, but what has taken many employers by surprise is how fast the digital revolution has accelerated the skills crisis. Covid-19 impacted almost every aspect of human life, most notably working patterns. Many businesses saw an almost overnight transition to remote working and were presented with the sudden task of engaging a remote workforce . Hiring teams now sense the urgency to find candidates who have the analytical skills that will enable them to expertly navigate their businesses through this wave of digital transformation.

Why working with a recruitment consultancy could be right for your business

The skills gap has been rebranded as a skills crisis. This is alarming for businesses who were already facing the challenge of attracting top talent, and for companies operating in the executive search space where talent pools are often even shallower. For many of these organisations, the answer is a recruitment consultancy.

Enlisting the help of a consultancy is not simply about having an extra pair of hands. Businesses place their trust in us, relying on our expertise, knowledge of the market, and carefully nurtured talent pools.

When weighing up the pros and cons of in-house recruitment , it’s important to look at the full picture. While it can seem a cost-effective decision to handle the hiring process internally, when you add up the time and money spent writing and advertising vacancies, contacting passive candidates, responding to questions and applications and vetting CVs, the value of a consultancy soon becomes clear. A specialist consultant will be entrenched in their field, meaning their candidate network comprises some of the best active and, more importantly, passive professionals out there. They’ve often been pre-vetted - another factor that can seriously cut down the time-to-hire.

Our specialist consultants at Marks Sattin can find you the best finance and tech professionals

At Marks Sattin, we know that hiring the right people - especially at the leadership level - requires a methodical approach with a clear time-bound structure. Every aspect of our service - from sourcing and screening candidates to relationship building with clients and candidates - is approached with the utmost care and professionalism.

Our clients partner with us because they’re confident placing their trust in our process and they continue these partnerships because we deliver the best candidates. No matter the level of candidate you’re searching for, whether you’re looking for an accounts assistant, a head of finance or an IT audit manager, we’ll tap into our strong database of quality candidates to make sure you find the person who is the best fit for your team.