By Faron Le Prevost, senior manager, AP Personnel
THE lockdown caused by the Covid-19 pandemic during 2021 disrupted local businesses and prevented many from being able to fully trade.
Interestingly, the disruption has not hampered the continued buoyancy of the Jersey recruitment market with many jobs still open and available. There are still plenty of requirements for experienced trust and fund professionals at varying levels.
Encouraging for the economy is that we have a number of clients also looking for entry- or junior-level staff in these industries, which is a great indication that the future is looking positive.
Employers in the wealth management industries are aware of the consistent demands for STEP, ICSA and ACCA/ACA professionally qualified candidates. It is common knowledge that the Island’s jobs consist mainly of financial services opportunities and are directly available to locally qualified people who have trained in these sectors.
The truer picture is that there are not enough locally qualified staff in the Island with the necessary skill set available for the demands in this current job market. Does that mean that the time has come to introduce more essential workers into the Island to assist companies who cannot find the best staff?
More importantly, are companies aware and ready to apply for necessary essential worker licences if they feel the need?
Alternatively, if companies are willing to apply for essential-worker licences, they can keep a high staff morale and retention rate, as their existing staff will not have to work excessive hours to compensate for the missing qualified staff members who are hard to find.
As line managers, we all have a responsibility to ensure our teams are fully supported and this comes in many forms including recruiting new staff where required and considering all available options when doing so.
For more information, contact our team in Jersey today at apgroupglobal.com.
