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News

Trick or........reward?

Thursday, 31 October 2013

It is a very busy time in the reward sector, probably the busiest we have seen in years. The majority of the top consulting practices are seeking those with experience within executive compensation, broad base, share plans, tax efficient reward, and workforce analytics. Reward has become the buzz word on the tip of everyone’s tongue as consultancies strategically position themselves as one-stop shops for their clients.

It is keeping us busy in the office, with new roles coming in on a weekly basis. For example, we have had a lot of success recently aiding the expansion of EY’s reward department who are merely going through their first phase of recruitment. The good news with this surge in reward activity is that we are looking for those with exposure at all levels; and not just within the Big4 firms, but other highly reputable global consultancies.

We have also been kept busy with in-house roles, including a recent placement in the Midlands for a FTSE100 aerospace and automotive company who required a Global Reward Manager.

The pace continues steadily within employment tax with predominantly senior level appointments.  As ever the in-house market is quiet as these roles are picked up quickly due to rarity and secondees who take first priority.

The Indirect Tax market is currently a mid-level playing field – Managers are the people in demand with a number of the top 10 accountancy firms recruiting. Whereas we are hearing some positive news in the Insolvency market with big-ticket work being won by Cork Gully, Moorfields Business Recovery, FRP, and Deloitte. Large trading administrations are being whispered by the key players, and this should inevitably lead to some strong demand for personnel. Watch this space!

We’d also like to congratulate our good clients Moorfields Corporate Recovery (www.moorfieldscr.com) on their most recent insolvency appointment of Blockbuster. The UK arm of  the DVD retailer have entered administration for the second time this year.

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Please get in touch with us with any questions that you have on telephone: 020 7250 0000 or email: [email protected].