Junior and mid level treasury salaries are set to rise in 2016, as a lack of recruitment during the recession has led to a skills shortage at this level.
Much of the demand for treasury professionals will be driven by projects involving cash-pooling and treasury-management systems, as employers invest in improving efficiency.
"Another key factor driving recruitment is the organic growth of treasury teams as firms enjoy a period of business expansion - with teams expanding, the demand for tax professionals at all levels is increasing," said Lynley Hall, Senior Consultant at Robert Walters.
Another key factor driving recruitment is the organic growth of treasury teams as firms enjoy a period of business expansion.
2016 salary update
While employers look to retain treasury professionals and invest in treasury teams in 2016, we expect:
- Junior-level salaries to be between £45-55k
- Mid-level roles to be between £55-70k
“Demand for mid-level professionals is also likely to remain high, while budget constraints mean that salaries at senior levels are likely to remain largely static.”
Find out what you’re worth using the Robert Walters Salary Survey.