Half of all City and Docklands employers are planning to increase their number of fulltime financial services staff during the first half of 2007, according to new research.
Almost half (44 per cent) of all respondents cited business expansion as the main reason for companies increasing staffing levels, in a survey by specialist recruitment consultancy Robert Half Financial Services Group (RHFSG).
Increased workload was a reason given by a further per cent of employers
More than a third (36 per cent) of all employers asked said that they would be increasing salaries by an average of five per cent, which RHFSG believes shows "optimism within the market".
Neil Owen, regional director of RHSFG, said: "It's encouraging to see that this increase in hiring intentions is being driven by business expansion, rather than staff turnover."
He added: "As the war for talent continues in 2007, employers will need to offer a diverse range of benefits to continue to motivate and engage employees. Benefits such as career develop opportunities, flexi-time and extra holiday will enhance employers' ability to attract and retain top talent."
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