marks sattin accounting market insights q3 2013

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Marks Sattin 2013-2014 Accounting Market Insights

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An overview of trends and insights into the Accounting market for Q3 2013.

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Page 1: Marks Sattin Accounting Market Insights Q3 2013

Marks Sattin 2013-2014

Accounting Market Insights

Page 2: Marks Sattin Accounting Market Insights Q3 2013

About Marks Sattin

• Established in 1988

• Three areas of specialisation; Accounting, Insurance and Banking & Finance

• Leading global specialist financial recruitment company – offices in Europe, Asia, Oceania and South America

• Our APAC offices provide recruitment solutions throughout the region, leveraging of our global presence and candidate network

• We pride ourselves on delivering outstanding levels of service, combined with quality candidates. Our loyal and exclusive clientele can attest to it.

• Part of the FiveTen Group of global companies:

Page 3: Marks Sattin Accounting Market Insights Q3 2013

Market Trends

If you were considering a new external job, what do you perceive to be an acceptable increase in basic salary?

Remuneration Expectations

Source: Marks Sattin candidate survey

Surprisingly, Baby Boomers have the highest salary expectations, with nearly two thirds expecting an increase of 16%+.

Page 4: Marks Sattin Accounting Market Insights Q3 2013

Market Trends

What was your bonus in 2012?

Candidate Remuneration

Source: Marks Sattin candidate survey

How did this differ from your last bonus?

How satisfied were you with your most recent bonus?

Page 5: Marks Sattin Accounting Market Insights Q3 2013

Market Trends

How are you feeling about the future of the economy?

Market Conditions

Source: Marks Sattin candidate survey

Accounting professionals are firmly on the fence when it comes to economy, with over half adopting a ‘wait and see’ approach.

Page 6: Marks Sattin Accounting Market Insights Q3 2013

How would you rate your current job security?

Job Security Perceptions

Source: Marks Sattin candidate survey

Job security is mostly unchanged from 2012, with approximately ¼ feeling insecure.

Page 7: Marks Sattin Accounting Market Insights Q3 2013

Market Trends

Job Seeking Behaviour

Source: Marks Sattin candidate survey

Interestingly, in spite of the fact that 9 out of 10 candidates are looking for new opportunities, the majority of those surveyed are happy in their current roles.

How happy are you in your current role?

Page 8: Marks Sattin Accounting Market Insights Q3 2013

Market Trends

Job Seeking Behaviour

Source: Marks Sattin candidate survey

9 out of 10 candidates are either passively or actively keeping an eye on the market; candidate retention will be a key challenge if the market improves.

Which of the following best describes your current job seeking behaviour?

Page 9: Marks Sattin Accounting Market Insights Q3 2013

Market Trends

Would you consider moving overseas for the right opportunity?

Job Seeking Behaviour

Source: Marks Sattin candidate survey

Asia and North America have overtaken the UK at the destinations of choice for Accounting professionals.

Where would be your first choice?

Page 10: Marks Sattin Accounting Market Insights Q3 2013

Salary Survey Guide Skill Set Specific

Annual Market ReportsClient/Candidate Annual Surveys

Market Landscape PresentationsIndustry vertical specific

‘Leadership Perspectives’ ForumsThought leadership and networking events

Marks Sattin – Value Adds

Source: Marks Sattin candidate survey