May Brings Fresh Opportunities in the Recruitment Market

While economic forecasts remain uncertain, the job market continues to offer exciting opportunities. This month's newsletter explores how to navigate potential interest rate changes and unpacks the pros and cons of interim work.

We also share highlights from recent events and team achievements and give an insight into what’s coming up next!?

Whether you're navigating career changes or looking to expand your professional network, we've got you covered.

??Hottest Jobs?

??Management Accountant, Hampshire, ￡34k - ￡40k

Suitable for professionals who enjoy a fast-paced working environment. You must have at least 2 years of experience in a Manufacturing Accounting role with excellent attention to detail and communication skills.

??FP&A Manager, Bournemouth with flexible working, ￡60k - ￡65k

Working in a PE-backed business, you will benefit from a 10-15% bonus and plenty of progression opportunities. The role will be providing decision support and business partnering with certain head office functional departments.?

??Finance Business Performance Manager, Andover (4 days WFH), ￡65k - ￡70k

A commercially focused role with a global market leader. The ideal candidate will have experience working in FMCG finance and have the ability to communicate complex financial data to diverse audiences.?

??Senior Accountant, Fareham, ￡50k - ￡55k

Ideal for an ACA or ACCA-qualified professional with knowledge of IFRS and UK GAAP. Working at a services-based business with clear progression pathways, this role is perfect for professionals with the ambition to develop their careers.

?? Latest News: Market Volatility and Interest Rate Forecasts

The economic landscape continues to evolve, with recent news impacting interest rate predictions. Here's a breakdown of the key takeaways:

• Fed Pushes Back Rate Cut: Due to ongoing market volatility and global conflict, the Federal Reserve now anticipates its first rate cut in November, a significant shift from the previously projected timeframe of early 2024.
• UK Inflation Watch: The upcoming release of the UK inflation rate could bring it closer to the desired 2% target. However, rising insurance premiums offsetting declining fuel prices might not be enough to justify a base rate cut.
• Sterling's Strength: The UK's strong performance in the currency market positions it for potentially quicker rate cuts compared to the Fed. The first UK cut is predicted for June.
• Uncertainty Remains: The future of interest rates is still unclear. Businesses are advised to prioritise risk management strategies to ensure operational certainty. With the possibility of delayed rate cuts, term rates might hold more appeal for borrowers compared to earlier expectations of imminent rate reductions.

?? Help & Advice: Is Interim Work Right for You?

Interim work can be an exciting career path, but it's not for everyone. Here are some pros and cons to help you decide if it's the right fit for you:

Pros:

• Variety: Interim and contract roles offer the chance to work in diverse industries and teams, keeping your work life dynamic and engaging.
• Increased Autonomy: You'll set your own deadlines and manage your workload, giving you more control over your workday.
• Higher Earnings: Interim positions often pay hourly or daily rates, which can be higher than a traditional salary because you’re bringing specialised expertise to the table.

Cons:

• Insecurity and Uncertainty: Temporary roles mean there's always a level of uncertainty about when one project will end and the next will begin.
• Lack of Benefits: Most interim positions don't include benefits like pensions, holiday allowances, or sick leave, so you'll need to manage these yourself.
• Limited Training: As a contractor hired for your niche skills, you might miss out on training opportunities that permanent employees receive.

Understanding these pros and cons can help you make an informed decision about whether interim work is appropriate for your career goals and lifestyle.

?? What’s Happening at Venture?

Going Green for Mental Health Awareness

Our office proudly went green in support of Mental Health Awareness Week. At Venture, we believe in fostering an environment where open conversations about mental health are encouraged.?

We're not just creating a safe space in our own office, but we also encourage everyone we work with to do the same. Let's support each other and raise awareness together! ??

A Marathon Challenge Ahead

This year, team members Matt, Lisa, and Nadia are raising money for Naomi House & Jacksplace by participating in the Clarendon Way Walk on June 2nd.

We have been working with Naomi House for many years, but this is the first time the trio will tackle the 26-mile challenge!?

If you’d like to show your support and donate to the trio’s challenge, you can do so here.?

Congratulations Shaun! ??

We celebrated Shaun Coston's one-year anniversary with Venture! Shaun has been specialising in Transactional and Part-Qualified appointments in Southampton and Dorset and has recently moved into an Associate Recruitment Consulting role!

Exciting Promotions at Venture!

We are thrilled to announce that Ben has been promoted to Senior Recruitment Consultant, and Andrew has been promoted to Director! Congratulations to both on these well-deserved advancements.?

Your hard work and dedication are truly appreciated, and continue to make a significant impact on our team.

??? Events: Past and Upcoming

A Successful Women in Business Breakfast?

We hosted our second Women in Business Breakfast at Skylark Golf & Country Club. Local women in Finance and HR gathered to discuss coaching strategies and authenticity at work.

Big thanks to guest speaker Andrea Nash for her inspiring speech on career coaching. And to all who attended, your contributions made the event a success.

Chilworth's Second Roundtable

Chilworth Partnership recently hosted their second Roundtable, focusing on the hot topic of ESG (Environmental, Social, and Governance).?

Discussions were vibrant and insightful as participants delved into the importance of ESG in today's business landscape.

Annual Chilworth & Venture Golf Tournament Winners

Congratulations to Paul Stout and Paul Woodward for clinching victory at the Annual Chilworth & Venture Golf Tournament! It was a day filled with friendly competition and camaraderie. Here's to more successful tournaments in the future!

?? See you next month

As we wrap up another month filled with exciting updates and achievements, we want to extend our heartfelt thanks to each and every one of you for being part of the Venture Recruitment Partners community. Stay tuned for more exciting updates and opportunities next month. Until then, take care and keep striving for success!