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Insider UK
Insider UK
Business
Peter A Walker

'War for talent' set to define Scotland’s financial sector in 2023

An “unprecedented” shortage of skilled labour will be the defining issue of the coming year, according to a new report on Scotland’s financial services sector.

The struggle to meet staff expectations is symptomatic of a jobs market whereby employees still hold the balance of power, despite the country’s economic woes, states the eighth annual Industry Trends and Salary Guide from Edinburgh-based recruitment firm Core-Asset Consulting.

The industry analysis also argues that decreased reliance on face-to-face work means that firms in Scotland must compete with London and other financial hubs for available talent.

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