​HOW TO MOTIVATE YOUR TEAM

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!

Read article

How do you get the best out of your team? Regardless of the number of employees you are responsible for, knowing and understanding what makes each individual work to the best of their abilities whilst ensuring you achieve the goals of the business is a tricky skill for many to master.

Some people are born leaders; they seem to naturally and effortlessly, generate the best results from people and create a working environment that inspires and motivates everyone to push forward to gain the desired outcome. But for many, motivating a team is one of the many management skills that need to be learnt, harnessed and adapted over time.

If you are new to a management position – either through promotion or having joined a new company – knowing how to get the best from your team will be a real challenge, especially when you are finding your feet in an unfamiliar role yourself. It is important to understand which buttons to press at what time, particularly as new team members join and the workforce dynamic switches.

Our tips to get the best out of your team:

Take time to understand the aspirations of each person in the team; where do they see themselves progressing in their career and can you help them visualise how they can achieve their goals with the company?
Help individuals build confidence in their abilities and be clear about what needs to be achieved in order so that they can progress and what role they must play within the team.
Celebrate achievements of both individuals and the overall team; create a positive environment where people enjoy coming to work.
Be sure to share –and bring to life – the vision of the company and illustrate the key milestones and targets on the journey so people can be clear on where their efforts are most needed and can see how they are contributing to the bigger picture.
Involve your team in regular team meetings and updates and recognise the contribution everyone can make - these shouldn’t just be limited to more senior employees. Empower and encourage the development of more junior members of the team through inviting them to suggest ideas or consider ways in which particular problems could be tackled.
Recognise that not everyone will respond to the same methods and adapt your management style accordingly but ensure that your team doesn’t lose sight of the overall goal.
Make sure everyone knows that you appreciate their efforts and that their contribution is important. People respond well to feedback so take time to congratulate your team on a job well done.

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.