Market Overview

Q1 2021 has seen a extremely busy start to the year within HR across Financial Services as the market continues to be robust during this current climate.  The market is certainly currently candidate driven with sought after talent in multiple processes and current employers willing to counter offer to retain existing talent. 

Continued from Q4 2020 we are seeing newly created roles across the specialist areas within HR as well as generalist roles to include the profiles stated below, with many clients stating that roles are through organic growth of HR functions and positive financial investments into HR teams. Still seeing high level of FTC and Day rate contractors with clients preferring to continue down the PAYE route in light of IR35 looming.   

We are seeing a trend of building out the shared service functions in the European offices of our clients.  This has been part of a Brexit contingency as well as general employee growth across the European regions .  As clients are now growing their Brexit sites there is more and more demand for local knowledge as well as local expertise in areas such as Regulations, Tax and Compensation and Benefits.  This has seen a shift to some specialists roles across Europe.  


Role Profiles

L&D Business Partner  

HR Business Partner  

HR Operations and Regulations  

Compensation and Benefits Manager 

Compensation and Benefits Analyst  

HR Shared Services Ops Manager (Munich)  

HR MI Manager  

International Payroll Manager  

Wellbeing Consultant 

International HR Business Partner (Spain) 

International HR Business Partner (Switzerland)  

International HR Business Partner (Paris)  

Early Careers Development Manager  

Rewards Manager  

HR BP Change Manager  



The fight for talent will continue as nearly all candidates are in multiple processes where companies are aggressively competing for talent in high demand.  There has been a trend of clients with elongated recruitment drives are losing out to talent.