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2014 Trends In Africa Financial Recruitment
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February 2014 marks the finish of our financial year- a good time to look back at the recruitment trends in the banking and finance sectors, over Africa. In closing the year off, knowing the overall pic of the before year, it helps to program the year ahead as well as to improve on inadequate decision-making.
Recruitment trends for the period February 2013 - February 2014
Certainly not all strong skill is available
Many candidates, whom are best for our clients' positions in Banking & Finance in Africa, tend to be happy at their current business. Management treats them well, they have job satisfaction as well as thus are certainly not hunting to move except if "for the right opportunity."
Since Africa exposure is a skill which many candidates tend to be vying for, this really is usually the thing that gets the prospect interested; the salary increase also helps, of course. Most of our clients are happy to pay for the right candidate, that is something that many companies cannot budget for.
Africa Recruitment trends in the Banking and Financial sectors show a shift in our clients' demands, requesting our headhunting services (more so than general recruitment). Companies realise that employing the cheaper option is certainly not always good for long term company sustainability. We headhunt from our clients' direct competitors, which provide that edge that will make them a leader in their respective sectors.
The perfect prospect for a part is certainly not always on the market- you should make it worth their while to make a move, especially in the Africa recruitment marketplace.
Strong skill has options
Once the ideal candidate who is active on the market, is identified, we often find that there are multiple business vying following this candidate. Recruitment trends in Africa, in the Banking & finance sectors, show that candidates work with more than one recruitment fast to find new opportunities for them. Given that some companies have panel interviews (where you need to co-ordinate diaries); the process gets delayed, so candidates will often have second as well as third interview at more than one company.
Responsive social media presence
With the outbreak of social media, recruitment trends in the Banking & finance sector in Africa, have revealed it has become increasingly important for you (CA Banking, Insurance, Finance & Legal Division) to build on as well as keep a responsive social media presence. Responsive due to the fact it is not any longer important to just have a static website - engaging with candidates and clients alike, in real time, offers a service that ensures our human aspect.
Furthermore, our clients in Africa have social media tips, which, if you tend to be to service properly, ought to be able to meet their social media needs.
CA Banking Africa, Insurance, Finance & Legal Divisions' social media scope:
CA Banking Africa, Insurance, Finance & Legal Division Facebook page for clients
CA Banking Africa, Insurance, Finance & Legal Division Facebook page for candidates
CA Banking Africa, Insurance, Finance & Legal Division Blog
Overall, for the period February 2013 to February 2014; recruitment trends for CA Banking, Insurance, Finance & Legal Division, show that hiring activity in Banking & Finance in Africa, experienced a steady growth, particularly towards the finish of 2013. CA Banking, Insurance, Finance & Legal Division has been building its brand and gradually, our reputation is reaching Africa as per our customer service as well as headhunting strategy goals. Our clients work in all sectors over Africa as well as request a entire range of services, ranging from Professionals search as well as headhunting, payroll to Recruitment Process Outsourcing (RPO).
If you would like us to assist you with building your team of professionals within Africa, have a look at the recruitment services in Africa we offer and we can tailor a package that is suitable to your company.
Thank you for reading.
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Also share your views on the articles I publish at CA Global Banking, Insurance, Finance & Legal blog. It is lovely to engage with industry experts on a range of topics covered within these sectors.
Finance Headhunter & Recruitment Associate
The CA Global Banking, Insurance, Legal & Finance division is a division of the CA Global Group
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