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Sharp Consultancy’s Salary Survey 2026/27: Finding the Best Talent in a Competitive Yorkshire Finance Market

​Over the past 12 months, the Yorkshire finance and accountancy employment market has entered a relatively stable period following several years of volatility and rapid salary inflation.Hiring activity remains consistent across most finance disciplines, however employers are adopting a more cautious and measured approach to permanent recruitment, likely borne from the economic uncertainty businesses are navigating. As a result, there has been a wider increase across interim hires and salary movement has become more controlled with recruitment processes taking longer than in previous years. ​Despite this stabilisation, skills shortages continue to be a defining feature of the market. This is particularly evident between the qualified and senior level, where replacement hiring in key roles continues to exceed the available candidate pool and the data reflected in this salary survey aligns closely with what we are seeing daily across the Yorkshire finance market. While hiring volumes have levelled out, the underlying challenge remains unchanged: demand for high-quality finance professionals continues to outweigh supply. ​What the data does not always fully capture, but we have seen consistently across the market, is the increasing complexity behind each hire. Employers are no longer simply recruiting for technical capability; they are seeking finance professionals who can influence, adapt and add value, often in uncertain trading conditions. This has resulted in longer recruitment timelines, narrower shortlists and a growing reliance on trusted market insight to secure the right individuals. ​Across the candidate market we are seeing a more selective approach to new opportunities. Job seekers are making increasingly considered career decisions, weighing role scope, leadership quality, flexibility and long-term opportunity alongside salary. Many of the strongest candidates are not actively applying for roles, which means traditional, employer led recruitment strategies are no longer sufficient. ​Employers are no longer simply recruiting for technical capability; they are seeking finance professionals who can influence, adapt and add value, often in uncertain trading conditions.​​This is where a relationship-driven recruitment partner becomes vital. At Sharp Consultancy, and through our work with our executive division - The CFO Partnership - our long-standing relationships across the South Yorkshire finance community allow us to engage with high-performing talent that is not always visible to the wider market. Our understanding of both client environments and individual career motivations enables us to make introductions that are aligned not just on skills, but on culture, ambition and long-term fit. ​In a market where salary growth is increasingly controlled and competition for talent remains intense, our ability to advise, challenge and guide both clients and candidates is vital. ​Recruitment partnerships built on trust, transparency and deep market knowledge are what ultimately ensure the best outcomes - securing the right talent for our clients, and the right opportunities for the candidates we represent. ​​

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​SALARY SURVEY – OUTLOOK FOR 2022/23

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It would be easy to attribute the challenges being faced by many in the current candidate-short market to the effects of COVID-19. Yet with top talent continuing to be in short supply and demand reaching unprecedented levels, what we are witnessing is the impact of decisions taken well before the pandemic was upon us.

The squeeze on training and development – exacerbated by COVID-19 – has created a huge hole in the market. Businesses and organisations are now having to be on the front foot to try and address whilst also ensuring that they have the head count and the quality of employee needed to move forward during what is, for many, a period of recovery, transition or growth.

The creation of lean staffing structures by those for whom survival has been the key priority over the past two years will affect their ability to fully explore every avenue to drive growth and look at potential opportunities. Even those business who are – and have been – buoyant, face a struggle to add to their headcounts as employers double down on efforts to retain their top talent and the motivation for candidates to look for a move are lessened as a result.

To help redress the balance, businesses can look at where they can make meaningful investments at graduate level and in the training, development and upskilling of their current teams. This will ensure that they are in strong positions to promote from within as the flow of movement at higher levels trickles down and creates additional opportunities for progression.

Those organisations who are in the fortunate position to make timely recruitment decisions and have an understanding and appreciation of what the best solution is from within the current candidate pool will be the ones that reap the benefits. Businesses must be mindful of the pace at which the process is moving, accepting that should they wish to go back out into the market after a first round of interviews, their ‘we just want to confirm there is nobody else out there’ choice will more than likely have been snapped up by the time they come to making an offer.

Candidate attraction will continue to be a huge challenge over the coming 12 months. With employers being responsive to addressing the needs of their employees in terms of salary packages, career progression and promotion opportunities alongside adjustments to working patterns and more flexible working arrangements, the need for candidates to look elsewhere in order to achieve what they want is greatly reduced.

With the market unlikely to change significantly in the short to medium term, to stand the greatest chance of success companies will need to play hard to their strengths and carefully consider what the best solutions is to their requirements within the context of what – and who – is available at a particular point in time.

Aaron Pepperday is Regional Director at Sharp Consultancy and focuses upon the recruitment of senior finance and accountancy professionals across the South Yorkshire region; contact Aaron on 0114 261 1700 or aaronp@sharpconsultancy.com