The recession returns with unconvincing opportunities to accelerate the growth of listless economy in countries around the world. While economists and policy makers are busy churning out a steady and timely solution to counter the shakeout, the job sector has already tasted the odds: Firms are cutting operational costs by reducing the head count and putting a pause in new hiring in the name of efficiency drive. However, the picture is not very dark in Britain.
If recently concluded research reports are to be believed, many companies are showing a positive mark. Around 11,000 new financial services jobs have been added in the 2nd quarter this year. This is the strongest ever rate of hiring since September, 2007. Now the industry expects to hire a new average of around 10,000 people in the oncoming quarters. Given the scenario, it is justified to say candidates looking towards careers in wealth management or careers in financial services have a lot of opportunity coming in the fields like insurance, mutual funds, taxation, banking etc. Amongst the all, careers in banking is showing a steady rise in terms of work flexibility, pay hike and stability. This has also made bank jobs highly competitive. Only the best candidates survive the banking recruitment or financial advisor jobs exam, following which they need to regularly improve their efficiencies to enter the upper level position.
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