News Article - 24 May 2012
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Demand for accountancy workers in Scotland is helping to drive up salaries, a report has shown.
Research from the Bank of Scotland has highlighted increasing demand for all permanent staff in the nation, with the accountancy and financial sectors being among the top four most sought after.
Meanwhile, demand for temping workers was particularly noticeable in the accountancy sector, with finance staff being the most in demand.
Bank of Scotland group economist Tim Crawford said: "Our latest survey suggests that the labour market in Scotland is tighter than in other parts of the UK.
"Firms are looking to recruit more staff in Scotland, particularly in the IT and
accounting sectors. Salaries have risen further in February as firms look to attract the best customers."
According to the findings, salaries of permanent employees grew at their fastest pace in more than four years last month, while wages for temporary staff also rose but not at the same pace.
Last month, a study by financial recruiter Nigel Lynn showed that accountants without qualifications also have earning potential as employers are looking to overcome the current skills shortage within the industry.
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