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13/10/2016
Average starting salaries for professional roles in finance, technology and administration have increased by a composite rate of 3.68% in the past three years, according to the latest data from Robert Half. In 2017, starting salaries for accountancy and finance roles are predicted to rise on average by 2.9% in both small- and medium-sized firms and large businesses, with the most difficult areas to recruit being in compliance, financial analysis and group accounting.
The average salary for a commercial financial controller in 2016 is between £75,750 and £88,250 and is predicted to rise by 4% by next year. The emergence of the ‘challenger’ banking sector and fintech firms is creating strong opportunities for professionals with retail banking skills, according to Robert Half.
Phil Sheridan, Senior Managing Director of the company in the UK, UAE and South America, said:
‘Productivity and growth are today’s premium business mantras and the growing skills shortage is one of the key challenges for any organisation to overcome.’