Welcome to our latest Market Report, 2019 has seen a notable decrease in permanent hiring, particularly from global financial institutions and UK banks. Our clients are sharing that Brexit uncertainties are a contributing factor, coupled with increased competition from disruptive tech-focused firms, creating company specific challenges.
As we move into the second half of the year, we expect continued unpredictability for permanent hiring. Continued investment in technology and the associated risk frameworks will be key demand areas across Banks, Asset Managers and Savings & Investment firms. We also anticipate redundancies across most functions aside from technology, given the large degree of corporate change still settling down.
For more information please download our free quick guide to talent market and hiring trends in Scotland's financial services marketplace: Download our Q3 Market Report.