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Are you up to speed on the latest average Finance salary for roles in your industry?
The UK economy continues to navigate uncertainty, and its effects on the recruitment market, especially finance, are undeniable. While the demand for skilled accounting professionals has remained steady, it’s not as strong compared to previous years, instead, it has become more competitive. This can be attributed to factors such as a reduced talent pool, increased candidate caution due to economic uncertainty, and the growing complexity of accounting roles.
Understanding these trends will be vital for businesses looking to hire in the next year. Be prepared to be agile in the face of potential candidate shortages and cautious candidates who are hesitant to leave their current roles.
Here's a breakdown of key predictions for 2025:
The finance job market in 2025 presents a mixed picture. While demand for skilled professionals remains steady, economic fluctuations have introduced uncertainties. How can you navigate this landscape?
Stay informed about industry trends: Keep abreast of industry-specific developments and economic indicators to anticipate changes in the job market. Most importantly, use our 2025 Salary Guides to help you benchmark what you’re paying against roles in your industry. Download now.
Monitor talent supply and demand: Track the availability of skilled finance professionals in your region to identify potential talent shortages or surpluses. You don’t have to do this alone. This is where you employ the expertise of recruiters like Michael Page. Explore our recruitment solutions and start a conversation:
There has been a rise in project-led work, which has driven a surge in temporary roles. The nature of temporary recruiting has meant we’ve seen an increase in the speed of hiring, as companies are recognising the need to secure top talent quickly to meet project deadlines. If you want to stay ahead of the talent game, optimise your hiring strategies:
Leverage technology: At Michael Page, we utilise advanced technology, applicant tracking systems, and AI-powered tools to streamline the recruitment process and identify qualified candidates efficiently so you can focus on what you do best.
Build a strong employer brand: Create a positive and engaging employer brand to attract top talent and foster employee loyalty. Learn how with our handy EVP guide.
Offer flexible work arrangements: Consider flexible work options, such as remote work or hybrid schedules, to accommodate diverse candidate preferences and improve work-life balance.
Candidates are demonstrating greater caution in their job search, influenced by economic conditions and the return to in-office work. To attract and retain top talent, companies must offer competitive compensation packages, flexible work arrangements, and a compelling employer value proposition. Attracting top talent these days takes a holistic approach:
Competitive compensation: Find out if you’re offering competitive salaries with our 2025 Salary Guides. Consider adapting benefits packages to meet the needs of professionals at their life stage, whether that’s a greater emphasis on pension plans or fitness and wellbeing perks.
Professional development opportunities: Invest in employee development programmes to enhance skills and career growth, demonstrating commitment to their long-term success.
Company culture and values: Emphasise your organisation's culture and values to attract candidates who align with your mission and vision.
If you're looking for a new gig, be prepared to be patient and be ready to negotiate for the best possible deal. And if you're a hiring manager, make sure you're offering a package that's going to make candidates sit up and take notice.
Michael Page's Salary Guides provide valuable insights into salary trends, industry developments, and career opportunities. Download them to stay informed and make informed career decisions.
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