SALES & MARKETING MARKET COMMENTARY, Q1 2021

Market Overview  INTRODUCTION The start of 2021 can be described in many ways; rejuvenated; resilient; refreshing. Simply put, after a very inconsistent 2020 the recruitment market bounced back strongly and has set up a positive year ahead. We believe that the reason for this was two-fold. The first cause is from what we are coining “COVID fatigue” – the idea that organisations, hiring managers and business…

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UK & REGIONAL MARKET COMMENTARY, Q1 2021

Market Overview  INTRODUCTION We have identified some striking trends within the market this quarter and pride ourselves on bringing you the most up-to-date information from the financial and professional services sector. Overall the message remains a positive one despite another lockdown in the UK. With substantial growth across the marketplace, candidates and clients have become…

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LEGAL MARKET COMMENTARY, Q1 2021

Market Overview  The second half of 2020 was a comparatively quieter market for in-house legal roles. We saw a reduction in open roles and noticed that whilst in-house teams had seen an increase in workload, overall headcount in the main remained flat apart from a few replacement hires. We have continued to speak with a…

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PROJECTS & CHANGE MARKET COMMENTARY, Q1 2021

Market Overview  INTRODUCTION The past 12 months has seen the global workforce forced to change it’s working practices drastically. These contingency plans are now the future of how asset managers will engage with their workforce as it has shown both productivity at work and a work-life balance can go hand-in-hand. There was a sense of apprehension about how 2021 would…

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INVESTMENT & FRONT OFFICE MARKET COMMENTARY, Q1 2021

Market Overview  Equities  After a turbulent 2020, Global Equities started the new year positively as COVID-19 Vaccine rollouts motored along in the UK, US and in Europe. The NASDAQ and Dow Jones continued to test all-time high’s throughout the quarter, whilst the FTSE100 rose on the back of an extremely efficient Vaccination programme but dropped in the latter parts of the…

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OPERATIONS & MIDDLE OFFICE MARKET COMMENTARY, Q1 2021

Introductions Q1 of 2021 was a very busy quarter for middle office and operations recruitment, this continued the increase in recruitment we saw at the end of the previous year. There is more confidence returning to the job market and to candidates looking to move into new roles after an uncertain year in 2020. Some clients reassessed their teams over the Christmas to New…

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EUROPE MARKET COMMENTARY, Q1 2021

INTRODUCTION Last year was a different year with many challenges. Working from home became the norm and meetings were taking part virtually. Employees are having to adapt, working from home is a key decision factor for many people when searching for new positions.   Fortunately we are seeing a thriving market once again across Europe.…

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BROKING, UNDERWRITING & CLAIMS MARKET COMMENTARY, Q1 2021

I think it is safe to say that we were all glad to see the back of 2020. Whilst entering 2021 with more optimism on many fronts one positive remained from our market was how buoyant recruitment was.   The start of the year continued as it had ended, lots of recruiting, lots of opportunity…

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COMPLIANCE MARKET COMMENTARY, Q1 2021

INTRODUCTION Not many people brought in 2021 with fireworks however Q1 for the Compliance Desk started with a BANG! It was great to see the confidence growing in the market and interestingly the majority of new roles being released were due to growth rather the replacement hires. With the increase of live roles and the high volume of skilled and available candidates, speed has become an…

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CREDIT & RISK MANAGEMENT MARKET COMMENTARY, Q1 2021

Market Overview  INTRODUCTION As the first quarter of 2021 comes to a close, we reflect on what has overall been a very busy hiring market for Risk professionals. With the Brexit deal concluded, and uncertainty around hiring in the context of the global pandemic seemingly now a thing of the past for many firms, January saw a blistering pace set…

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