Growing numbers of financial service jobs are being created in the City as firms look to rebuild following the global economic downturn, it has been reported.
Drawing on evidence provided by a number of employers and recruitment agencies, Financial News notes that many banks and financial services organisations have “kick-started” their hiring plans in recent months.
This is despite the fact that the touch economic climate and higher taxes on bonuses and top-level salaries may have conspired to reduce recruitment levels at these companies since the recession.
Notably, the news provider has cited statistics showing that the number of finance jobs being made available is now at its highest since the start of the economic downturn, spelling good news for skilled professionals looking for a new position in the City.
Furthermore, it is also anticipated that a significant proportion of employers are keen to start pushing up salaries and bonus rates so as to attract the best talent, though one industry insider admitted that “no bank wants to be the first mover on this”.
Just last month, the London Evening Standard reported that recruitment rates for finance jobs in the City have doubled over the past few months, with the number of positions available for PAs also on the rise.
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