The financial services industry continues to evolve and change for candidates and employers. At Beacon Resources, the expert team of career advisers, networking team members and executive searchers can help link job hunters to the perfect opportunity in the field. Beacon’s stellar reputation in the industry makes it one of the leaders in recruiting and hiring. Here are some trends to watch out for in 2018.
- More Scrutiny for Candidates
One of the most noteworthy trends in hiring for the accounting and finance industry is an increased scrutiny for candidates for jobs such as corporate controller jobs, tax accountant positions and more. Employers are feeling the pressure from the federal government and consumer watchdogs with more regulations and oversight. This trend trickles down to how employers seek new hires.
- Using Artificial Intelligence and Data
AI and data are also becoming more common in the job search. Expect to have your resume scanned by AI tools before a human ever looks at your document. These tools seek specific key words and phrases related to the open position.
- Talent Shortages
Some employers are also experiencing a talent shortage in the financial services industry. Employers are working to increase their recruiting and hiring at college campuses and through networking events to meet the demand.
- Technology During the Interview Process
Technology is also expected to be used during the interview process more than ever. Candidates may be asked to be part of an interview through digital video chat services instead of meeting an employer in person.
- Contract and Temporary Work
The last trend that may be more noticeable in 2018 for hiring in this field relates to temporary assignment work. Some employers are shifting to a different model where they hire on a project basis for contract workers instead of seeking regular full-time employees.