Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Finance

Fifth Of Finance Professionals Working More Than One Role At A Time

Fifth Of Finance Professionals Working More Than One Role At A Time
  • A fifth (22%) of finance professionals are opting for multiple jobs and the flexibility of temporary contracts in order to improve their CVs and solidify future career opportunities, according to research released today (16/12/19).

The research, carried out by recruitment experts Reed Specialist Recruitment asked 5,000 UK employees about their experience of, and attitude to, temporary and contract working.

Of the sample of 5,000, 500 respondents were from the finance, accountancy and banking sectors.

The survey found that, in addition to 22% of finance workers holding down more than one temporary role, 12% admitted to undertaking four or more temporary jobs within the sector – the highest percentage across all industries.

The outlook for temporary work in the sector was positive, with 38% of those asked saying it helped to provide valuable work experience in order to improve the status of their CV, as well as strengthen future employment opportunities.

Other benefits of temporary recruitment highlighted by the research include access to a variety of work (38%), increased work-life balance (33%), the chance to try new challenges (29%), the ability to see family more (27%) and an increased hourly rate (26%).

Despite the positives, more than half (54%) of those asked identified that they preferred the security of a permanent role, and almost half (48%) said they liked benefits such as sick pay and pensions which are part of permanent employment.

John Forword, Reed Finance expert, said: “The finance sector, when compared with others, differs in its view of temporary contracts. Workers see temporary or multiple contracts as a flexible and varied means to increase the speed of their career trajectories, or as a method to increase salary. Their only concern is around security and benefits, however, these issues are overridden by the opportunities and benefits offered by temporary work.”

“Our research clearly indicates that a significant number of finance professionals see temporary recruitment as a method to broaden their experience, gain a foothold when it comes to landing a permanent position, and access new challenges that will ultimately strengthen the appeal of their CV to future employers.

“While the financial sector may well be going through a period of change workers are boosting their CVs and undertaking a variety of work. Temporary employment is creating workers with experience invaluable to employers.”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post