The pressure to significantly increase salaries and perks within Scotland’s finance sector is further burdening its candidate crisis, according to a report.
It says the exodus of international staff due to Brexit, Covid-related career changing and the climate crisis are the main factors causing employment gaps in certain sectors. This leaves the industry at an “uncertain crossroads”.
Core-Asset Consulting’s seventh annual “Industry Trends and Salary Guide” is a forensic review of salary levels. It also gauges market sentiment, activity and the themes that are impacting financial services across Scotland.
The guide reports that despite some of the most extreme market conditions in living memory, the Financial Services Asset Management Services industries have remained broadly resilient, with roles such as Business Analysts, Solutions Architects and Regulatory Risk in the highest demand.