Bruin
FINANCE, TAX & AUDIT (PERM) MARKET COMMENTARY, Q4 2022
Market Overview It has been another incredibly busy year of hiring across our asset management client base and this did not change in Q4. Naturally, several asset managers with large cost bases were more cautious with the economic climate but in general, the market remained very busy. There was a noticeable decrease in job flow…
Read MoreFINANCIAL MARKETS & ALTERNATIVES MARKET COMMENTARY, Q4 2022
INTRODUCTION The main trend throughout 2022 has been a candidate driven market . Good candidates have been in high demand across many areas within Global Markets. We have seen many candidates with multiple opportunities. Banks who are nimble and can make decisions in a timely fashion will be the winners, when it comes to the…
Read MoreFINANCE, TAX & AUDIT (CONTRACT) MARKET COMMENTARY, Q4 2022
MARKET OVERVIEW The final quarter of 2022 was a period where talk was often centred around economic and political uncertainty, stemming from the ‘mini-budget’ back in September. The early stages of Q4 for the Contract market were dominated by the back-and-forth IR35 legislation announcements, with the result of Rishi Sunak’s budget being that the April…
Read MoreINVESTMENT & FRONT OFFICE MARKET COMMENTARY, Q4 2022
INTRODUCTION With the spectre of economic insecurity mounting, the fourth quarter of 2022 was expected to be a challenging and ever-changing period within the city. With numerous macroeconomic variables; the war in Ukraine serving as a catalyst in exacerbating energy costs followed by the mini-budget causing the market to become extremely volatile and inflation rates…
Read MoreOPERATIONS & MIDDLE OFFICE MARKET COMMENTARY, Q4 2022
INTRODUCTION Q4 was a mixed quarter, with concerns about the potential recession in 2023 becoming evident from the recruitment done by a range of firms. October was a slow month, as firms were determining their key hires that needed to be completed before the end of the calendar year, leading to a very busy November…
Read MoreEUROPEAN (LUXEMBOURG) MARKET COMMENTARY, Q4 2022
ROLE PROFILES The UK’s exit from the EU saw many investment management houses with a strong London presence choosing to expand their offerings in Europe. Post-Brexit, this trend continues, with even more firms opening offices on the continent. Whilst big financial hubs in Europe have typically included Luxembourg, Dublin and Frankfurt, new hotspots are arising…
Read MoreSALES & MARKETING MARKET COMMENTARY, Q4 2022
MARKET OVERVIEW The final quarter of 2022 concluded the year in a somewhat tame fashion. In a period dominated by economic and political uncertainty stemming from Liz Truss and Kwasi Kwarteng’s “mini-budget” back in September, it seemed as though companies wanted to err on the side of caution. We did see several organisations decide to…
Read MoreREGIONAL MARKET COMMENTARY, Q4 2022
REGIONAL INFORMATION At the end of Q4, we are continuing to see a candidate-driven market across all regions including the North West and Scotland. We continue to see the demand for the hybrid working model along with full remote work. The cost of living crisis in the UK has meant that candidates are seeking higher…
Read MoreFINANCE, BANKING, INSURANCE, PRACTICE & FINTECH, Q4 2022
INTRODUCTION “69% of CEO’s saying that availability of talent was their most pressing threat for the next 12-18 months ahead of political instability and recessionary fears” During Q4, candidate availability continued to turn from active to passive with candidates citing several reasons to stay put. As was expected we saw the first time economic instability…
Read MoreCOMPLIANCE MARKET COMMENTARY, Q4 2022
Role Profiles The interim Compliance market did not show signs of delay through Q4 in terms of staffing requirements in the sector. There were signs of a return to normal recruitment cycles as we saw perhaps the more traditional Christmas slowdown. This slowdown could be in part due to ominous recession clouds gathering over the…
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