One in five accountants planning move

News Article - 01 August 2006
Category: Business

More than one in five accountants plan to move jobs over the next year.

While a third of commercial firms surveyed expect to increase their finance staff headcount over the next 12 months, 21 per cent of accountants said they were looking for a move in that period.

The research from recruitment firm ECHM found that 30 per cent of accountants in Manchester and the north-west were looking to change positions, compared to 15 per cent in London and the south-east.

London-based accountants appeared to be largely motivated by the desire to move up the career ladder, with 36 per cent seeing this as their reason for wanting a move. Only 13 per cent said they were driven by financial factors.

Confidence in the finance jobs market was found to be high among employees.

"However, it is encouraging to see that despite recent stock market fluctuations, growth looks set to continue," said John Hunter, chief Executive of ECHM.

He said the results of the survey showed that it would be employers who could offer prospects and deliver competitive salaries that would benefit from the top talent.

"It will be those companies that most successfully adapt their attraction and retention strategies in this candidate-driven environment that will thrive in the war for talent," he added.

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