Global Hiring Trends in Financial & Professional Services Business

August 4, 2022

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Owing to the pandemic and advancement of technologies, the global FinTech / Financial Services, along with service-providers from Professional Services / Management Consulting, and other highly-competitive service industries, have been undergoing significant remodelling when it comes to operations. This has led to new practices and locations for hiring new specialised talent. The impact of COVID-19 on hiring trends has given way to improved strategies and innovative requirements for companies across sectors.

What's the scope for hiring talent this year? Which skills and abilities do organizations look for when hiring talent? How can managers attract exceptional talent to future proof their businesses?

In this report, we discuss:

- Rise in demand for WFH

- Automation

- Giving importance to cybersecurity

- Some of the specialist skills that are in demand

- Programming Skills

- Digital Experts

- Soft Skills

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This depends on the industry and type of role you are recruiting for. To determine whether you need reference checks, identity checks, bankruptcy checks, civil background checks, credit checks for employment or any of the other background checks we offer, chat to our team of dedicated account managers.

Why should employers check the background of potential employees?

Many industries have compliance-related employment check requirements. And even if your industry doesn’t, remember that your staff have access to assets and data that must be protected. When you employ a new staff member you need to be certain that they have the best interests of your business at heart. Carrying out comprehensive background checking helps mitigate risk and ensures a safer hiring decision.

How long do background checks take?

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What are the benefits of a background check?

In a competitive marketplace, making the right hiring decisions is key to the success of your company. Employment background checks enables you to understand more about your candidates before making crucial decisions which can have either beneficial or catastrophic effects on your business.

What does a background check show?

Background checks not only provide useful insights into a candidate’s work history, skills and education, but they can also offer richer detail into someone’s personality and character traits. This gives you a huge advantage when considering who to hire. Background checking also ensures that candidates are legally allowed to carry out certain roles, failed criminal and credit checks could prevent them from working with vulnerable people or in a financial function.