Financial services jobs picking up
Employment sentiment is improving strongly in the finance, insurance and real estate sectors, according to the latest data released by employment service specialist Manpower.
The latest Manpower Employment Outlook Survey, released today, revealed that hiring intentions in the finance, insurance and real estate sector had risen by 22 per cent over the past quarter compared to just 14 per cent in the previous quarter.
Commenting on the data, Manpower Australia and New Zealand managing director Lincoln Crawley said that, overall, the seasonally adjusted Net Employment Outlook was at 22 per cent, up from 20 per cent in the previous quarter.
He said this was due to an increase in the proportion of employers planning to hire and a slight fall in the number planning to reduce head count.
Crawley said the outlook suggested it was going to be a balancing act for many of the industry sectors because they did not want to peak too early and hire before the demand was there but did not want to be left behind in the renewed race for talent.
Recommended for you
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.
Research conducted by Elixir Consulting and Lonsec has quantified the efficiency gains of using managed accounts in financial advice practices in hours per week saved.
With only one-quarter of advice practices actively seeking feedback from clients, the Financial Advice Association Australia has emphasised why this is a critical tool for client retention.