Succession Planning Invigorates Demand for Newly Qualified Treasurers
Published: July 14, 2014
65% of treasurer employers are focusing on recruitment of newly qualified and junior professionals, according to a new survey from specialist recruiter, Robert Walters.
Asked about their intentions to hire in the second half of 2014, more than half of those surveyed say that business growth or new business will have the greatest impact on hiring, twice as many as at the start of the year.
Half of actively recruiting organisations are also searching for mid-level treasury professionals with several years of experience, pushing up competition in this segment of the market.
However, a note of caution is sounded by the threat of skills shortages. 55% expect skills gaps to affect their ability to hire at the right level, with a further 18% of employers uncertain.
Niamh Hourican, Treasury Consultant at Robert Walters, says:
“The focus on junior hires underlines a renewed appetite for succession planning and attracting talented individuals to develop their skills in the treasury arena.
“As market conditions improve, we expect more professionals to move into the growing amount of treasury roles on offer.”