Business growth leaves 65% of tax hiring managers planning to hire

tax hiring managers hiring

Tax professionals are in demand, with 65% of tax hiring managers have expressing plans to recruit in the second half of 2015.

The results of the Robert Walters Hiring Intentions Survey have also shown that junior level employees (71%) are the most sought after (45%) followed by mid level staff (40%).

“The emphasis on recruiting mid and junior-level candidates reflects the need to fill compliance focused tax roles," said Rob McKay, Manager for Tax Recruitment at Robert Walters.

"With the continued focus on paying the “right” amount of tax, businesses have made tax compliance a top priority, driving recruitment in these roles." 

83% of tax employers cited anticipated growth of the business as the main factor shaping their hiring strategies for the second half of the year, an increase of 8% compared to the first 6 months of 2015.

The results also showed that most planned to hire permanent staff, with 35% of those surveyed of those surveyed saying they would be primarily advertising permanent roles.

"As the UK economy continues to thrive, employers are preparing for a period of robust business growth. This in turn has lead employers to make plans to recruit tax professionals across both financial services and commerce and industry."

"In the second half of the year we can also expect the continued focus on new and more stringent tax regulations to impact employer’s recruitment strategies,"  Rob McKay continued. 

Employers favour permanent over contract recruitment

The results also showed that most planned to hire permanent staff, with 35% of those surveyed of those surveyed saying they would be primarily advertising permanent roles. Just 5% said that they would be looking mainly for contract staff.

“The preference for permanent staff is widespread and indicates that tax risk is now high on the radar at a board level. Professionals seeking contract work will find opportunities primarily in project focus roles such as BEPS, or around traditional busy periods such as year end.”

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