Recruitment prospects optimistic

Sixty per cent of financial services players who took part in the survey, carried out on the Institute website, believe their firms will increase their headcount in the next year.

The findings are:

  • 43% of respondents believe staff numbers at their company will rise by up to 5%
  • 9% expect to see a 6 to 10% increase
  • 8% forecast a jump of more than 11%.
However, four out of ten practitioners believe there will be either a freeze or decline in the level of employment at their company.

CISI chief executive Simon Culhane FCSI said: "This provides further evidence that the worst is over for the industry but that we are in for a slow climb out of recession."