Natalia Kurantova

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Labor market trends around financial, accounting
and banking
Natalia Kurantova Kelly Financial Resources
Branch Manager
18/05/2005
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• The market trends around financial, accounting
  and banking

The number of vacancies increased 3 times in 2005
versus 2004
The number of quality candidates available
reduced 1,5 times
Out of 1600 CVs of accountants, finance and
banking specialists KFR receives monthly, only
14 are quality candidates
More and more non-standard vacancies are required
by employers, such as finance and logistics,
banking and IT, etc.
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Finance
4
Banks
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Accounting
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Accounting ? temporary positions
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Candidate market tendencies

• Candidate salary expectations have increased in
  1,5 times since the beginning of 2004
• Quality candidate may have up to 2-3 job offers
  at the same time
• Candidates apply for vacancies to evaluate their
  market price or receive counter-offer from their
  current employer
• Candidates are not interested in the regional
  projects
• More often candidates check references on their
  potential employers
• (in this case they are interested not only
  in financial stability of corporation, but also
  in corporate culture)

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• Major difficulties when searching for candidates

• To close vacancies effectively it is essentially
  to

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Effective Cooperation
Trust
Partnership
Agency
Company