Compliance industry employment 'remains buoyant'

06-07-2008

Compliance industry employment 'remains buoyant'
The employment outlook for the compliance industry looks positive, a new report has found.

According to a Complinet survey of recruiters, the current volatility in the financial sector has actually benefited the industry as firms focus on regulation.

It revealed that salaries are continuing to increase by an average of five per cent, recruitment remains steady and bonuses are being paid.

Commenting on the trends, Paul Johns, chief financial officer at Complinet, said: "The risk is too great for any company that doesn't remain committed to compliance, articularly in a seemingly desperate market where fraud is on the rise. At the same time, these departments must be cost-conscious in their approach,"

Those working in the compliance industry help businesses and public sector organisations ensure they meet the various laws and regulations that govern their industry.

Related categories: Banking / Finance.


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