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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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​HOW TO MASTER TRICKY CONVERSATIONS AT WORK

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Nobody looks forward to having a potentially tricky conversation. At work there may be several reasons why over the course of your career that you need to instigate a conversation where we might struggle to get our point across without feeling uncomfortable or where it is likely that the other person may take offense.

Whether you are asking for a pay rise, addressing a colleague’s poor performance or conducting a less-than-successful probationary review, it is important that you can have these conversations in a productive way – simply avoiding the matter will cause frustration and could jeopardise your career progression.

Top tips for handling difficult conversations:

Step One

Before initiating any conversation, it is important to plan out clearly what you want to say and also, what you would ideally like the outcome of that conversation to be. Depending upon its nature, you should also give consideration as to whether this needs to be a formal or informal discussion and what arrangements need to be put in place as to when and where the conversation should take place.

Step Two

Think about what you actually want to say. Preparing some key bullet points and gathering evidence to illustrate your points will enable you to clearly communication to your messages and ensure that you do not forget something important. It also gives you a chance to think about the way in which you will communicate your points –the tone and language that you use will have an impact on the other person and you should always aim to demonstrate that you are looking at ways you can work together to reach a successful outcome.

Step Three

Try to look at the situation from the other person’s perspective. Have they started to miss deadlines because workloads have increased? Do the lack the necessary skills to carry out a particular task and would benefit from some training? Have budgets to reward staff been cut due to a downturn in business? Whilst it may not negate the need for the conversation itself, understanding their point of view will allow you to come to a more reasonable conclusion that can both move forward from.

Step Four

Learn how best to handle your emotions. Some conversations may have the potential to become quite heated or could see the other person – or yourself – become upset by what needs to be said. Try to keep focus upon the key points that need to be addressed and take your time before giving a response.

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent finance and accountancy professionals. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond. CONTACT US today to find out more.