Market Insights 2018 | Commerce & Industry, London

The London commerce & industry Market Insight Report covers the following areas (click to view salaries):

• Part Qualified & Transactional
• Newly Qualified
• Qualified & Interim

Part Qualified & Transactional

After a slow start to the year, the market picked up, particularly on the permanent side.We are seeing an increase in demand for higher end part qualified roles, especially within management and financial accounting. Following a couple of stagnant years, we are now seeing an increase in salaries across the board at all levels. Counter offers are common and candidate expectations are rising.We expect the part qualified and transactional market to remain healthy throughout the rest of the year. It is an area of finance and accounting that is less affected than othersby external influences such as Brexit and Government cuts.

Newly Qualified

The year began very positively with an increase of 24% in job registrations compared to the same period last year - the newly qualified market has always and will continue to be busy.Newly qualified roles are constant as there’s a large demand for ACA/CIMA/ACCA qualified candidates. Generally, the more technical roles are better suited to ACA professionals coming out of practice and the commercial roles suit candidates with hands on experience in industry.We don’t envisage any large shifts in the future for the newly qualified market as demand is steady for these candidates. However wider economic factors will of course have an impact and the outcome of Brexit trade talks and transition deals will affect the level of investment for businesses in London.

Qualified & Interim

2017 was a positive year with an improved job flow across most sectors at the qualified level, and this year is shaping up to follow a similar trend.Within the interim market, there has been an increase in job flow at the senior end. The air of economic uncertainty has positively impacted the contract market and there’s an equal balance of commercial and technical roles.Overall the market is positive and strong candidates who can pitch themselves at the right level and play to their strengths will always find good roles.

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