Barclay Simpson

19% of Risk, Quant, & Treasury employers believe that their flexible working policies contribute to recruitment and retention challenges. While organisations might consider tightening these policies in a less competitive market, doing so could put them at a significant disadvantage when hiring conditions become more intense. A staggering 40% of employers already identify either their remote working policies or candidates' locations as hurdles in finding skilled talent. Explore further insights in our 2024 Risk, Quant, & Treasury Salary Survey & Recruitment Trends Guide: https://lnkd.in/eRkCSNef #risk #quant #treasury #salaryguide #recruitmenttrends

The adoption of data analytics in UK internal audit departments has been lagging. In 2022, a mere 7% of functions embraced machine learning or AI-powered techniques, while roughly a third remained without any form of data analytics. In response, organisations are making strategic hires, bringing in data scientists or specialists trainable for audit roles. Unlock deeper insights by downloading our 2024 Internal Audit, Assurance, and Controls Salary Survey & Recruitment Trends Guide: https://lnkd.in/ernW5Esx #internalaudit #dataanalytics #AI #machinelearning #recruitmenttrends

70% of professionals openly admit that they would contemplate leaving their current job if denied their preferred hybrid working arrangement. Complicating matters for in-house teams, law firms are increasingly offering flexible working options. For instance, Slaughter and May recently introduced a policy allowing lawyers to work reduced hours for lower pay so that staff can have a better work-life balance. Delve deeper into In-house Legal & Company Secretarial recruitment trends by downloading our guide: https://lnkd.in/eUDjMkvQ #legal #companysecretarial #remoteworking #worklifebalance

81% of candidates admit considering changing jobs if their preferred hybrid setup isn't an option - a notable increase from 72% in 2022. In a talent-hungry market, employers may struggle to source the high-quality candidates they need if their hybrid working policies become increasingly inflexible. While 87% of organisations express confidence in long-term remote policies, there's a notable shift with more firms advocating for a return to the office Find out more about the evolving post-pandemic landscape of flexible work in the Cyber Security and Data Privacy sector: https://lnkd.in/eX5rEpGS #dataprivacy #cybersecurity #remoteworking #flexiblework #talentshortage

4 in every 10 employers have reported a rise in flexible working requests since the pandemic. The proportion of candidates open to leaving a job if denied their desired hybrid work preference has stayed relatively steady - 70% in 2023 compared to 72% in 2022. Yet, despite the strong preference for flexibility among employees, our consultants are reporting that organisations are leaning towards wanting staff back in the office more. Gain more insights into post-pandemic attitudes to flexible working with the Barclay Simpson Compliance & Financial Crime Salary Survey & Recruitment Trends Guide: https://lnkd.in/eTQG2hq4 #salaryguide #postpandemic #flexibleworking #compliance

In 2024, 5% of Risk, Quant, & Treasury employers plan to raise base salaries for existing employees. While companies are still willing to offer competitive salaries, there is less pressure to exceed budgets to retain top talent. The percentage of employers indicating a complete misalignment between current demands and salary bands has nearly halved from 41% to 21% in the past year. Discover more insights in our 2024 Risk, Quant, & Treasury Salary Survey & Recruitment Trends Guide: https://lnkd.in/eRkCSNef #risk #quant #treasury #salaryguide #recruitmenttrends

Cybersecurity remains the biggest risk for auditors, holding the top spot for the sixth consecutive year. A staggering 84% of Chief Audit Officers (CAEs) rank it within their organisation's top five risks, while nearly a third of CAEs also highlight climate change, biodiversity, and environmental sustainability as significant concerns. These risk landscapes significantly impact hiring demands, with employers actively seeking cybersecurity skills. Uncover the critical factors influencing internal audit recruitment in 2024: https://lnkd.in/ernW5Esx #internalaudit #assurance #cybersecurity #salarytrends #recruitmentrends

An impressive 81% of In-house Legal & Company Secretarial departments agree they have a diverse and inclusive culture. In-house Legal & Company Secretarial departments demonstrate encouraging levels of diversity and inclusion. In particular, the legal profession excels in gender diversity, with women constituting 53% of lawyers in 2023, according to the Solicitors Regulation Authority. While celebrating these achievements, there's still progress to be made, particularly in enhancing diversity within senior leadership roles. Access a wealth of insights by downloading our comprehensive recruitment guide: https://lnkd.in/eUDjMkvQ #genderdiversity #inhouselegal #diverstiy #CoSec

89% of employers plan to expand their permanent workforce over the next year. However, sourcing employees with the required skills is always difficult in a market with ongoing talent shortages, and employers are increasingly reluctant to pay the higher salaries these candidates typically command. Discover more about the top 3 factors that prevented hiring in 2023 to inform your 2024 hiring strategy: https://lnkd.in/eX5rEpGS #hiringstrategy #cybersecurity #dataprivacy #talentshortages

In 2024, employers are planning an average base salary increase of 6%. 78% of organisations report that their offerings are either 'very' or 'somewhat' in sync with what candidate expectations. As salaries have steadied in the last year, more employers are confident their salary bandings are now in line with the market. Ready to elevate your talent acquisition in 2024? Discover essential salary insights with the Barclay Simpson Compliance & Financial Crime Salary Survey & Recruitment Trends Guide: https://lnkd.in/eTQG2hq4 #SalaryInsights #RecruitmentTrends #TalentAcquisition