Fantastic reasons to work in finance

How the finance and financial services industries are leading the way, according to three recent news reports.

This is promising reading for anyone considering a new job or career within these sectors – which have long served as prominent local employers.

1) Training and development potential

The finance sector currently tops the list for professions providing training and skills development opportunities.

  • Finance scored 88%
  • The rest of the top five included: HR/recruitment (82%)
  • Civil servant roles (81%)
  • Law (78%)
  • And Accounts (77%)

In addition, you’ll see that other great commercial office employers receive top ten scores.

This is all the more impressive when you consider that almost 1/3 of businesses do not offer any employee training or development. We discuss some of the reasons why this is the case here.

2) Fastest growing sectors for women

Finance and financial services also appear in the ‘top ten fastest growing industries for women‘.

This data explores the rate of growth over the 20-year period from 1998 to 2018.

  • ‘Support for finance and insurance’ has increased by 124.18%, which places these industries in 9th position.
  • Other high-scoring roles, such as head office management (showing a 191.27% increase) and Information services (up 146.15%) could be conducted both within and outside of these sectors.

3) Workplace happiness

The industry once again scores in the top ten of the ‘Workplace Happiness League Table‘.

  • Finance achieves a 68% score for employees who rank themselves as ‘happy or very happy’ in their jobs.
  • Legal, IT and telecoms, property, media/communications and the medical industries all also score impressively.

80% of people rank happiness as ‘important’ at work, versus 58% for salary, according to the survey. Another fantastic reason to work within this sector!

You can find our latest finance jobs here and financial services roles here. Do keep an eye on the jobs listings page in general, as it’s regularly refreshed with new opportunities. 

Read next: is salary the most important factor in your job search?



A positive recruitment agency relationship

How your recruitment agency relationship affects your job search. Plus the latest news regarding the UK jobs boom…

Your recruitment agency relationship:

HR News has just released some great data surrounding the benefits of working with recruitment agencies. They report that:

  • The majority (64%) of candidates surveyed worked with a recruitment agency to ‘find at least one job’ last year.
  • 88% of people most value the communication received from their agency. This includes support, reassurance and guidance throughout the recruitment process.
  • Around 1/4 of respondents additionally appreciate the prospect of a long-term recruitment agency relationship. They understand how the insights garnered by their consultants can help to support their later career progress.
  • A similar number of people look for specialist recruitment agencies who will understand the intricacies of their industry – and, consequently, provide valuable insights for candidates.
  • Poor agency communications understandably cause job-seekers to utilise alternative routes.
  • However, more than 2/5 of candidates stated that they found their job search ‘easy’.

The UK jobs boom continues…

Over on Recruiting Times, we hear that the UK jobs boom remains in ‘full force’ and that the women’s unemployment rate has reached a record low.

The article, which cites stats from The Office for National Statistics (ONS), reveals:

  • National employment has now reached 32.6 million people.
  • Unemployment fell to 1.36 million – 100,000 fewer people than last year.
  • The women’s unemployment level has dropped below 4% for the first time.
  • Yet, job vacancy numbers have risen by 16,000 to a total of 870,000 jobs. Which is also a record figure – and a sign of the ongoing skills shortage.

It’s interesting to note that zero-hour contracts can also contribute to high employment rates and growth figures. In other words, there may still be many people who are recorded as employed yet not receiving regular work assignments (or, for that matter, a regular income!).

We’d always recommend finding a recruitment agency who specialises in the types of vacancies that you’re searching for. The Recruitment & Employment Confederation offers a handy guide to help you to choose an agency. This includes a member directory, which we’re proud to be a part of.

Working with Appoint:

Did you know we specialise in commercial office jobs in Bath and the surrounding Somerset and Wiltshire areas? We recruit for an array of openings, including (yet not limited to!):

  • Administration
  • Customer services
  • Finance & financial services
  • Sales & marketing
  • Project management
  • IT & technical

This includes everything from temporary assignments to contract bookings and permanent roles.

We opened in 1999, so have garnered a wealth of industry expertise. We’re privileged to be able to share our insights with our candidates and clients throughout the region.

You can learn more about us on our Candidates page. You can also take a look at our jobs page to see and apply for our latest vacancies. We look forward to hearing from you.