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Sharp Consultancy's Salary Survey 2025/26: Resetting the Landscape: Strategic Shifts in Finance Recruitment

It would be remiss not to start by addressing the elephant in the room — 2024 was a challenging year.While there were many reasons for this and numerous industries were affected, recruitment likely bore the brunt of it, particularly in the 6 months post-election(s).Whilst key roles and critical hires remained unaffected, certain head counts and processes were scrutinised and investment paused with internal restructures and automation utilised to reduce costs, in some instances, at the expense of employees. We subsequently saw an increase in candidate activity, with the talent pool strengthening. As those pressures eased in Quarter 4, recruitment processes saw improvement and green shoots have emerged. Optimism is on the rise in key hiring processes, albeit with a caveat. The cloud of additional cost increases in April, which is still dissipating. The senior finance and C-Suite market remains relatively unaffected, both regarding opportunities and candidates, it is the levels below that we have seen more change. In the evolving landscape of working dynamics, the volume of hybrid working is gradually waning despite sustained interest from candidates, presenting fewer job opportunities. While the blend of office and remote work remains desirable, it is no longer the predominant factor, indicating a notable shift in priorities for clients and candidates’ acceptance alike. Conversations with candidates underscore a growing desire around the importance of having a supportive mentor or manager and many professionals are increasingly open to a full-time return to the office if it guarantees enhanced guidance and avenues for professional advancement. "The salaries throughout transactional finance have stabilised across the region."Throughout the professional practice market, some similar trends have been observed but there have been noticeable differences in the past year. Salaries across the range of candidates in professional practice, from AAT to fully Qualified (ACA/ACCA) individuals are still rising and those firm’s able to offer competitive salaries alongside stronger training contracts are beating out the competition in a candidate market with a growing focus on study support packages and career advancement opportunities for Part-Qualified candidates, indicating an increase in demand from employers and the volume of available job seekers. The salaries throughout transactional finance have stabilised across the region, in what feels like the longest period of stability seen since Q4 2020 and we expect transactional finance salaries to remain stable throughout 2025/26, with anticipated salary increments to be moderate compared to the significant increases observed throughout the last 2 years. AI & Systems (process automation) continues to impact accountancy and finance, in particular, across larger functions but this has increased the need for wider interim support to assist with the transition and implementation especially with large, automated processes. Whilst 2025-26 will not be the same marketplace for recruitment as seen in previous years, there is certainly a growing level of optimism and whilst a more settled market may be seen as a negative in some areas, for those that have weathered the peaks and troughs over a longer period of time, it will feel very normal and a strong setting for both employees and employers to take advantage and thrive, with an increasing emphasis on growth and development.Download the full Salary Survey here!

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One of the trickiest parts of any interview is the conversation about financial package. It is always best to avoid discussing this subject until it is raised by the interviewer; many would-be employers can be put off a candidate if they feel they are too interested in the potential salary and rewards rather than the position itself.

Of course salary is important and you should answer any questions as clearly and concisely as possible. You may be asked how much your currently earn – or what you would be looking for salary wise – do not be tempted to lie in an attempt to secure a better package. Most employers are very much aware of salary levels within their industries and may not look favourably upon someone that they feel is not being honest about their expectations.

It’s often difficult to get the balance right and handle the conversation in the best way – ask for too little and you could be kicking yourself, pitch yourself too high and you may not get an offer.

Most job descriptions will come with an expected salary package, often including a salary band plus any additional benefits such as car allowance, private healthcare or pension contributions so you will have an indication of what the employer is expecting to offer before you apply or attend an interview.

Make sure you do some research yourself beforehand; speak to your consultant and read copies of salary reports and other job advertisements online to find out what somebody with your level
of experience should be looking for and what the market rate is within your area – remember, salaries can vary considerably by location.

Be prepared for the question by having a salary range in mind which you feel would be reasonable given your level of experience and the position described. Answer confidently and try to illustrate your answer by linking your skills back to the role requirements.

It is also essential to look at the overall package being offered and not just the salary itself; for example childcare vouchers or life assurance may not have been high on your list of priorities before, but could be more valuable if your circumstances have changed.

Think about any other benefits to the role which don’t necessarily have a monetary value – additional holidays, flexible working hours, onsite gym provision for example. Also consider if you will save or incur costs in relation to travel, petrol or parking expenses on your commute with a new role.

If you are successful at the interview stage and your application progresses further, then potential salary and rewards will form a key part of the discussion; if you are working with a recruitment consultant then they can use their knowledge of the market place to negotiate on your behalf.

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent finance professionals. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond CONTACT UStoday to discuss your recruitment needs with a member of our team.