Financial Services Firms Plan Headcount Increases

Approximately 35 percent of financial services organizations intend to increase their headcount this year, according to a new survey.

The survey, by CareerBuilder and its hiring site for accounting and finance professionals MoneyJobs.com, indicated that hiring in financial services occupations is likely to pick up in 2014. The 35 percent of financial services organizations that plan to increase headcount in 2014 is 11 points above the national average and up from 27 percent in 2013. The nationwide survey was conducted online by Harris Interactive from Nov. 6 to Dec. 2, 2013, and included a sample of 123 financial services hiring managers and human resource professionals.

“Job growth in financial services is expected to outpace job growth for all occupations in 2014,” said CareerBuilder CFO Kevin Knapp in a statement. “This is good news for jobseekers in the sector, whose skills will be in-demand across a range of businesses and occupations that typically offer highly-competitive wages.”

Headcount for accountants and auditors grew 1.3 percent last year, or 17,097 new jobs. Total employment in 2013 was 1,311,816, according to CareerBuilder’s Economic Modeling Specialists International unit, with 67,614  jobs added from 2010 to 2013, an increase of 5 percent. Median hourly earnings were $30.21.

A separate sample of workers in financial services occupations found that 19 percent plan to change jobs in 2014.

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