The finance recruitment market isn’t slowing down - it's becoming more selective. Discover key trends shaping hiring, skills demand, and candidate success.

An overview of the UK temporary recruitment market, what current trends mean for candidates, and practical tips to navigate temp work successfully.

Kirsty Chan Divisional Director - Business Operations 

Let’s be honest – the recruitment market has changed.

Nearly a quarter (23 percent) of UK workers plan to leave their jobs within the next three years, a 3 percent increase from 2023. Additionally, another 13 percent do not see themselves working for their current employer through 2026. According to Culture Amp, an employee experience provider, this insight into employee attrition comes from the analysis of ‘Commitment to Stay’ data from 97 million (ten million of which came from the UK) responses of employees across 5000 (one thousand UK-based) organisations, gathered from responses to 97 million questions. UK workers are more likely to consider quitting than their counterparts in other leading Western economies, with only 19 percent of American workers and 18 percent of Australians considering resignation. The only country to surpass it was Germany, where 24 percent are planning to move on by 2025. According to CultureAmp, replacing an employee costs 30 percent of an average employee’s salary, but rises to 200 percent for top performers when recruitment fees, productivity, and team impacts are taken into account. Employers may need to pay between £11,229 and £74,860 to replace departing employees in 2024, with the average salary in the UK being £37,430. According to Culture Amp data gathered from over three million employees at 4700 companies around the world, other factors may influence employee attrition in 2025. Among the most critical determinants of ‘commitment to stay’ among employees, leadership quality outweighed the influence of managers, because employees closely associate strong leadership with an organisation that has a clear direction and performs well. In the presence of a great manager and a great leader, employees’ commitment to stay reaches 94%; in the absence of a great manager and a great leader, it drops to 35%, while in the absence of a great manager and a poor leader, it plummets to 19%. The company’s global data also shows that employee turnover increases more after a change of leader than after a managerial change. The attrition rate for teams that have seen a change at the top is 40 percent higher within six months. On the other hand, a change in manager only results in a 16% attrition rate. “As Europe faces ongoing political, economic, and social/workplace uncertainties in 2025, organisations must prioritise their strategic workforce management in this unpredictable post-pandemic landscape. The critical challenge remains employee retention, which directly impacts organisational performance,” says Nick Matthews, general manager, EMEA, at Culture Amp. “Our research challenges the traditional notion that employees simply leave bad managers. It’s imperative that organisations leverage their leadership layer in conjunction with their front line managers to ensure that they have a coherent and strategic focus on employee experience as they navigate 2025’s challenges.” Contact the KC Group now for support with your career. View our latest jobs.

Salary Negotiation Tips for Payroll Professionals In today’s dynamic landscape of finance and HR, payroll professionals ensure accurate and timely compensation for employees. As your career advances, advocating for better remuneration becomes crucial. At the KC Group, with our extensive experience in payroll recruitment and consultancy across the UK, we’ve compiled valuable insights to help payroll professionals navigate salary negotiations effectively. 1. Research Market Rates Before initiating compensation discussions, thoroughly research industry salary standards. Consider factors such as: Your tenure with the organisation The organisation’s size and scope Geographical location Role requirements and responsibilities Utilise resources like Glassdoor, PayScale, and professional payroll associations to benchmark compensation for comparable positions. 2. Highlight Your Unique Value Payroll expertise extends beyond numerical proficiency. Emphasise your distinctive capabilities and background: Proficiency in specific payroll software systems In-depth knowledge of complex tax regulations Experience with multi-site or international payroll Professional certifications Interpersonal and problem-solving abilities 3. Quantify Your Achievements Statistical evidence carries significant weight in salary negotiations. Prepare concrete examples demonstrating your impact: Percentage reduction in payroll processing errors Cost savings through process optimisation Volume of employees managed in payroll systems Successful implementation of payroll technologies 4. Consider the Complete Package Remember that salary is one component of your total compensation. Be prepared to discuss additional benefits such as: Flexible working arrangements Enhanced holiday allowance Professional development opportunities Performance-based incentives Health and wellness benefits 5. Perfect Your Presentation Confidence is essential during negotiations. Rehearse your talking points and anticipate potential objections. Consider role-playing with a trusted colleague or mentor to refine your approach. 6. Time Your Discussion The timing of your negotiation can significantly impact its outcome. Consider initiating the conversation: During annual performance reviews Following successful project completion Upon assuming additional responsibilities When presented with external opportunities 7. Maintain Professionalism Approach the discussion with a positive mindset and demeanour. Demonstrate how your increased compensation benefits both you and the organisation. 8. Develop Alternative Options Prepare contingency plans if your desired salary isn’t achievable. Consider alternatives such as: Scheduled compensation reviews Performance-linked bonuses Enhanced benefits package Professional development opportunities At the KC Group, we understand the intricacies of payroll career progression and regularly assist professionals in achieving their compensation goals through our specialist recruitment services and industry expertise. 9. Get It on Paper Once an agreement is reached, ensure all details are formally documented. This documentation should encompass your revised compensation, any modifications to your benefits package, and the implementation timeline for these changes. 10. Keep Getting Better Remember that salary negotiations are an ongoing aspect of your professional journey. Continuously enhance your expertise, remain current with industry developments, and maintain a detailed record of your accomplishments. These practices will strengthen your position in future compensation discussions. By implementing these strategies, you’ll approach salary negotiations with enhanced confidence as a payroll professional. You’ll also be better positioned to secure compensation that reflects your valuable skills and expertise. As someone responsible for managing others’ compensation at the KC Group, you’re uniquely qualified to advocate for your own financial advancement and career progression within the organisation.

Securing a finance position can be challenging. But as experts here at the KC Group we’ll explain how to distinguish yourself and make a lasting impression on potential employers, thorough preparation is essential. Here’s valuable guidance from hiring managers to help you succeed in your finance job interview. 1. Look into the Company and Job Prior to your interview, thoroughly research the company’s: Financial reports and performance metrics Recent news coverage and corporate announcements Organisational values and workplace environment Products or services portfolio Understanding the role you’re pursuing is equally important. Analyse the job description and prepare to demonstrate how your capabilities align with the position requirements. 2. Review Your Industry Knowledge Stay current with: Latest financial regulations and legislation Market trends and economic indicators Industry developments and updates Financial technology innovations Demonstrating industry awareness showcases your dedication and passion for the financial sector. 3. Go Over Financial Ideas Revise fundamental finance concepts relevant to the role, including: Financial modelling and analysis techniques Core accounting principles Risk management strategies Investment methodologies Budgeting and forecasting approaches Be prepared to discuss these concepts and share examples from your professional or academic experience. 4. Get Ready for Common Job Questions Practise responses to typical finance interview questions such as: “Please explain how the three financial statements interconnect” “What methods do you use for company valuation?” “What’s your approach to risk management?” “How do you maintain awareness of financial regulations?” Prepare concise responses incorporating real-world examples from your experience. 5. Create Your “Tell Me About Yourself” Story Develop a compelling narrative highlighting: Your educational background Relevant work experience Key achievements Your passion for finance Your interest in the role and organisation Keep it concise (2-3 minutes) and rehearse until it flows naturally. 6. Think Up Questions to Ask Them Demonstrate engagement by preparing thoughtful questions about: The organisation’s financial strategy Team structure and dynamics Career development opportunities Industry and organisational challenges 7. Show Off Your Tech Skills Be prepared to demonstrate proficiency in: Excel and financial modelling Industry-standard financial software (like Bloomberg FactSet) Data analysis tools Programming languages (if required) Some interviews may include practical assessments or case studies, so ensure you’re prepared to showcase your abilities. 8. Put Numbers to Your Successes When discussing your achievements, utilise precise metrics to demonstrate your impact: Enhanced efficiency or accuracy percentages Cost savings or revenue generation figures Portfolio management values Number of successfully delivered projects 9. Select Appropriate Attire The financial sector maintains traditional standards. Opt for professional attire: Well-tailored suits in conservative colours Polished formal footwear Minimal accessories Professional grooming standards 10. Mind Your Non-verbal Communication Your body language conveys significant messages: Maintain appropriate eye contact Offer a firm, professional handshake Maintain good posture Present composed demeanour Display active listening through appropriate responses 11. Prepare Your References Compile a list of professional contacts including: Previous supervisors Professional colleagues Academic referees (for recent graduates)  Inform your references about potential enquiries. 12. Follow Through Post-interview actions matter: Send a thank-you correspondence within 24 hours Reiterate your enthusiasm for the position Reference specific discussion points to remain memorable By implementing these recommendations from hiring professionals, you’ll be well-prepared for your finance interview. Remember, confidence stems from thorough preparation, so invest time in these aspects to enhance your prospects of securing your desired finance position.

The UK job market is experiencing a significant surge in sustainable finance positions across diverse sectors. Key areas include: 1. Investment Banking Major banks are rapidly expanding their sustainable finance divisions, with leading institutions creating dedicated teams to handle green investments and sustainable lending practices. These roles often involve developing innovative financial solutions for environmental challenges. 2. Asset Management Investment firms are actively recruiting specialists for positions such as Risk Manager and Asset Manager (Sustainability) within their Nature Based Carbon Strategy teams. These roles require a sophisticated blend of traditional financial management expertise and deep understanding of sustainability principles. Professionals must be adept at evaluating both financial returns and environmental impact. 3. ESG Advisory Consulting firms are substantially broadening their ESG advisory services. These positions involve guiding clients through complex sustainability regulations and practices, developing ESG strategies, and ensuring compliance with evolving standards. Advisors must stay current with rapidly changing global sustainability frameworks. 4. Sustainable Capital Markets The demand for experts in sustainable capital markets continues to surge. These roles encompass the development and implementation of green bonds, sustainability-linked loans, and other innovative financial instruments. Professionals must understand both traditional market mechanisms and sustainability metrics. 5. Policy and Regulation As regulatory frameworks evolve, specialists in sustainable finance policy are increasingly sought after. These roles require deep knowledge of both domestic and international sustainability regulations, as well as the ability to interpret and implement new guidelines. Skills in Demand Success in sustainable finance requires a sophisticated blend of traditional financial expertise and sustainability knowledge. Essential skills include: Financial analysis and modeling, with specific focus on ESG integration Comprehensive understanding of ESG factors and metrics, including impact measurement Strong foundation in climate science and environmental issues, particularly regarding risk assessment Thorough knowledge of sustainable finance regulations and frameworks, both UK and international Superior communication and stakeholder management skills, with ability to engage diverse audiences Education and Training Leading universities and professional bodies now offer specialised courses and certifications in sustainable finance. Professional qualifications, such as the CFA Institute’s Certificate in ESG Investing, are becoming increasingly valuable. Many institutions also offer specific modules focusing on green finance and sustainable investment strategies. Future Outlook The sustainable finance sector in the UK is poised for substantial growth. Key drivers of this trend include: Regulatory bodies are implementing stricter requirements for climate risk disclosure and management, creating new compliance needs Investors are increasingly demanding sustainable and responsible investment options, driving market growth The UK government’s unwavering commitment to achieving net-zero emissions by 2050 continues to shape financial sector priorities These factors indicate a sustained demand for green finance expertise in the coming years, with particular growth in areas such as climate risk assessment and sustainable investment strategies. To sum up  Sustainable finance presents an attractive career pathway for professionals seeking to combine financial expertise with meaningful environmental and social impact. The field offers diverse opportunities across multiple disciplines and experience levels, providing numerous entry points and growth trajectories. As the UK continues to strengthen its position as a global hub for green finance, career prospects in this sector are expected to remain abundant and varied. The industry’s dynamic nature ensures continuous learning opportunities and the chance to contribute to significant environmental and social change while building a rewarding career in finance.

As we look to 2025, Birmingham’s job market will see big changes. These shifts match wider UK job trends but also show off the city’s unique business scene and its growing status as a major business centre. Here are the top 5 business operations jobs that will play a key role in Birmingham’s changing workplace: Administrative Assistant Administrative assistants continue to play a key role in business operations across Birmingham. The job has caught a lot of attention, with people searching for it over 100,000 times nationwide. The shift to hybrid work has changed this job a lot. Many companies now let people split their time between the office and home. This change has made the job much more attractive to people who want to balance their work and personal lives better. Finance Assistant Birmingham’s growing financial sector has sparked a huge demand for finance assistants. These jobs have adapted well to the work-from-home trend offering chances in many different fields. Finance assistants now play a key role in helping businesses with tricky money matters, from handling accounts to helping with budgets and financial reports. Their job has become more complex, needing skills in many types of financial software and systems. Executive Assistant The changes in Birmingham’s business world have had a big impact on the role of executive assistants. These days executive assistants do much more than just secretarial work – they’re key players in the company. They help make decisions, run big projects, handle talks with people from other countries, and often act as the main link between top bosses and everyone else. Their job has grown to include more because business today is more complex than ever. Data Analyst In today’s world where data shapes decisions, data analysts play a key role across Birmingham’s varied business scene. Companies in every sector, from factories to service providers, need experts who can turn complex numbers into useful business insights. These number crunchers use cutting-edge tools to help companies boost their operations, grasp market shifts, and make smart choices for the future. Digital Marketing Coordinator The shift to digital in Birmingham’s business world has created a huge need for digital marketing coordinators. This job combines old-school marketing know-how with digital skills shown by over 100,000 searches across the country for marketing coordinator jobs.These experts need to be good at using different digital platforms, know how SEO works, and make content that grabs attention while still keeping the basics of traditional marketing in mind. Even though these jobs look promising, finding work in Birmingham and the wider Midlands area might stay tough throughout 2025. Money pressures and shifts in employer National Insurance payments keep having a big impact on hiring choices. To stand out or move into these fields, workers should learn about AI, data analytics, cloud computing, and project management. Knowing how to use platforms like Microsoft Azure and methods like Agile has become more important in today’s workplace. As Birmingham’s business scene keeps changing, these jobs will add more tech parts and flexible work setups. Job hunters need to keep an eye on what’s new in their field and keep learning to stay ahead in this fast-paced job market. The use of AI and automated tools will change these roles even more, making tech skills and the ability to adapt must-haves for future success. Being able to work well in both office and remote settings, show tech skills, and talk well across different platforms will be key for people in these roles. As Birmingham grows as a big business center, these skills will become more and more useful for moving up and growing in your career.