The Robert Walters 2018 Global Salary Survey has found that salaries for treasury professionals will increase by 5% in 2018.
Throughout 2017, demand for treasury professionals has been high as employers look to manage funds in light of fluctuating currency values.
Treasury accountants and controllers can expect to see the most generous salary increases, at 9%. Experienced treasury accountants will see the most significant salary increments at 13%.
“In 2017 as the value of the pound fluctuated, many employers prioritised managing international fund movement in order to maximise profits and avoid loss,” said Lynley Hall, Senior Manager at Robert Walters.
“This led to increased demand for treasury professionals, particularly those who have an international background, and in turn pushed up salaries as employers competed for talent.”
Offering variety in the role will help employers secure top talent
Many treasury professionals consider it a priority to find roles where they can gain varied experience, working on other projects on a rotational basis.
“Treasury professionals are aware that their skills are in demand, and competitive salaries will be a basic expectation for many,” continued Lynley Hall, Senior Manager at Robert Walters.
Many candidates are keen to secure a role where there is the opportunity to work on strategic projects, as well as providing core treasury support on a day to day basis.”
“Therefore, it is important that employers make sure remuneration on offer for a role is in line with industry standards.”
“However, for employers looking to gain an edge over competitors in the struggle for talent, it is important to consider the other factors which impact the decision to take a role.”
“In particular, many candidates are keen to secure a role where there is the opportunity to work on strategic projects, as well as providing core treasury support on a day to day basis.”
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