2014 Trends in Africa Financial Recruitment

February 2014 marks the end of our financial year- a good time to look back at the recruitment trends in the banking as well as finance sectors, over Africa. In closing the year off, knowing the overall pic of the prior year, it helps to program the year ahead and to improve on inadequate decision-making.

Recruitment trends for the period February 2013 - February 2014

Not all strong skill is on the market

Many candidates, who are ideal for our clients' positions in Banking & Finance in Africa, are happy at their current company. Management treats them well, they have job satisfaction as well as thus tend to be certainly not searching to move… unless "for the right chance."

Since Africa exposure is a talent which many candidates are vying for, this really is usually the thing that gets the candidate interested; the income increase also helps, naturally. Most of our clients are happy to pay for the right prospect, that is something that many companies tend to be unable to budget for.

Africa Recruitment trends in the Banking as well as Financial sectors show a shift in our clients' needs, requesting our headhunting services (more so than general recruitment). Companies realize that employing the cheaper option is certainly not always good for long term business sustainability. You headhunt from our clients' direct competitors, that provide that edge that will make them a leader in their respective sectors.

The perfect candidate for a part is not always on the market- you need to make it worth their while to make a move, especially in the Africa recruitment marketplace.

Strong skill has options

When the ideal prospect whom is active on the market, is identified, you frequently find that there tend to be multiple company vying following this candidate. Recruitment trends in Africa, in the Banking & finance sectors, show that candidates work with over one recruitment fast to find brand new opportunities for them. Because some companies have panel interviews (where you need to co-ordinate diaries); the process gets delayed, thus candidates will frequently have second and 3rd interview at more than one company.

Responsive social media presence

With the outbreak of social media, recruitment trends in the Banking & finance sector in Africa, have revealed it has become increasingly important for us (CA Banking, Insurance, Finance & Legal Division) to develop on and keep a responsive social media presence. Responsive due to the fact it is no longer important to just have a static site - engaging with candidates and clients alike, in real time, provides a service that ensures our human aspect.

Furthermore, our clients in Africa have social media strategies, which, if you tend to be to service properly, ought to be able to meet their social media needs.

CA Banking Africa, Insurance, Finance & Legal Divisions' social media scope:

CA Banking Africa, Insurance, Finance & Legal Division Facebook page for clients

CA Banking Africa, Insurance, Finance & Legal Division Facebook page for candidates

CA Banking Africa, Insurance, Finance & Legal Division Blog

Overall, for the period February 2013 to February 2014; recruitment trends for CA Banking, Insurance, Finance & Legal Division, show that hiring activity in Banking & Finance in Africa, experienced a steady growth, particularly towards the end of 2013. CA Banking, Insurance, Finance & Legal Division has been building its brand as well as gradually, our reputation is achieving Africa as per our customer service as well as headhunting strategy goals. Our clients operate in all sectors over Africa as well as request a whole range of services, ranging from Professionals look as well as headhunting, payroll to Recruitment Process Outsourcing (RPO).

If you would like us to assist you with building your team of professionals within Africa, have a look at the recruitment services in Africa we offer and we can tailor a package that is suitable to your company.

Thank you for reading. Connect with me on LinkedIn, Facebook and Twitter. Also share your views on the articles I publish at CA Global Banking, Insurance, Finance & Legal blog. It is lovely to engage with industry experts on a range of topics covered within these sectors. Fowzia Finance Headhunter & Recruitment Associate Fowzia[at]caglobalint[dot]com The CA Global Banking, Insurance, Legal & Finance division is a division of the CA Global Group