Employment prospects healthy at finance firms
There are encouraging employment prospects in the financial services industry, new research suggests.
More employers intend to increase their staffing levels than decrease among those who took part in the Manpower employment outlook survey.
Based on responses from 2,103 uk employers there was a 'Net Employment Outlook' outlook of of +4% , which was up on last quarter's +1%.
This is calculated by subtracting those employers who plan to reduce staffing levels from those who plan to hire staff.
The Bank of England and the government use the statistic.
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Karen De-Merist, Manpowergroup operations director, said: "Employers in the finance and banking sector are beginning the first quarter of 2015 with more confidence about hiring to bolster their workforces. although we have seen some big names like Lloyds announce job cuts in recent weeks, overall we would expect to see a jump from the last quarter of 2014, when managers had either run out of budget or were waiting for new budgets to start in the new year.
"What will be really interesting in the coming quarters is the way that data is being used in both employee recruitment and engagement. We are now in an age where the volume of recruitment and people information is rising rapidly and providing employers with better insights into their workforces.
"The most forward-thinking organisations are finding innovative ways to harness this data, for example we are seeing some companies using the analytical tools to find out what makes their high-performing employees stand out, and using this data to recruit more people like them."
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