According to reports from the REC, there has been a recent surge in the number of job vacancies for high end workers in the financial sector.
This can be partly attributed to the Financial Services Authority’s (FSA) latest recruitment drive. Yet with more uncertainty about the future of the FSA, it is feared that many prospective job seekers, including umbrella company contractors, are reluctant to move from their current assignments until after the general election.
The REC are keen to stress that, regardless of who regulates the financial sector, there will always be a strong demand for both permanent and contract staff. A spokesperson from the REC said that they expect the recent rise in recruitment activity within the financial sector to continue for some time to come.
The FSA have already announced that they’ll be recruiting for another 400 jobs in an attempt to better regulate the sector. According to some reports, there are as many as 50,000 limited company contractors, umbrella company workers and self employed freelancers working within the financial services industry across the UK.
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