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Sep 3, 2010
in Demand for Temporary Senior Financial Professionals
ABPM Financial Recruitment Sees Huge Growth in Demand for Temporary Senior Financial Professionals across the North
With unemployment numbers predicted to hit the 3million mark in the UK, trends in working practices have changed hugely since the recession kicked in last year and ABPM Financial Recruitment Ltd, the longest established independent financial recruitment company in the North, has recently seen a large spike in the demand for temporary workers to fill more senior financial roles. As a result, the Wakefield based recruitment consultancy is launching an Interim Division initially focused on the senior finance professional market.
In the past, the team at ABPM has predominantly specialised in the placement of permanent accounting staff at all levels but over the past six months a large number of companies are now wanting to employ more senior professionals on a short term contract basis. Traditionally, most Northern businesses have tended to employ permanent senior in-house financial professionals which are then supported by more junior staff – often on a temporary basis for increased flexibility.
However, with certain industries still struggling, many firms are looking at alternative ways to cut overheads by bringing in outside specialists without the risk that goes with retaining full time members of staff. This kind of employment pattern is a well trodden path in the marketing and sales arenas but a relative first in the financial.
Tim Morgan, managing director of ABPM, commented; ‘We have been in business for many years and this trend is really starting to gather some momentum. It seems that companies are taking a step back and reviewing what they actually need and how they can fulfill it.’
Tim concluded, ‘We’re confident the new department will meet the needs of our clients and it will be fascinating to see how this develops over the next year or so as organisations emerge from this tough period.’
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