The financial service industry has undergone a rapid expansion during the past two years, and at this point—midway through 2014—hiring rates show no signs of slowing down. According to Careerbuilder.com, moneyjobs.com, U.S. News and several other media outlets that monitor trends in the financial sector, about 35 percent of employers in this industry will be adding jobs before the end of the year.
There are several converging factors that may help to explain the rise, and most are related to the recent economic down turn and consequent recovery. In the aftermath of the Great Recession, the stock market is making record gains and both personal and corporate investors are looking for ways to take advantage of the prevailing climate of optimism and business growth. But there’s another factor at work: an overall rise in financial vigilance.
Personal financial advisors and corporate financial analysts are poised to help companies and households stay in control of their bottom lines. With new, stronger reporting and auditing regulations in place, companies are looking for more reliable ways to stay compliant with the law. And individuals are looking for kind of help that can keep them out of debt and push them toward practical, long term decisions. College preparation, mortgage help, retirement, and general financial stability have taken center stage in households across the country. And with the right tax guidance and financial advice, both families and organizations can build a sense of security and a set of reliable long term plans.
Take Advantage of the Financial Services Hiring Boom
The fastest growing jobs in this sector include the following: credit analysts, financial analysts, credit counselors, personal financial advisors, accountants, and auditors. The median salary for these positions ranges between 30 and 45 dollars per hour, and education and general requirements usually involve a bachelor’s degree in a relevant field, state licensing exams, and at least a year of experience at the entry level.
If you’re interested in taking advantage of the current hiring surge and stepping into a role in financial services, accounting, or financial planning, contact the MA staffing experts at Techneeds. We’ll help you draw a long term road map to success and start taking the first steps today.