September 2024

September 2024

Welcome to our September edition of CareersinAudit.com Insider, where you can keep updated with the latest news and gain valuable insights into the world of recruitment for the Audit & Governance Industry.


Job boards are still leading the way for talent attraction ??

Recently released stats by Firefish showed that 76% of job applications from web sources were generated by job boards in June 2024. That's a huge chunk of the active talent market all looking for new roles where they can see opportunities from multiple employers and recruiters in one place.If you want great visibility for your roles, post them where the jobseekers are already looking!


The Evolving Landscape of Audit & Governance

The Audit & Governance industry is undergoing a profound transformation, driven by the escalating importance of Environmental, Social, and Governance (ESG) and Diversity, Equity, and Inclusion (DEI) factors. These two forces are reshaping the industry, demanding new skills, competencies, and approaches from professionals.

ESG: A Catalyst for Change

The growing regulatory landscape around ESG has created a surge in demand for experts who can navigate complex regulations, assess material risks and opportunities, and integrate ESG data into financial reporting. Companies are under increasing pressure to demonstrate their commitment to sustainability and ethical practices, and ESG professionals are at the forefront of this transformation.

DEI: Building a High-Performing Workforce

Diversity, Equity, and Inclusion (DEI) are no longer mere buzzwords. They are essential components of a successful business strategy. A diverse workforce brings a wider range of perspectives, ideas, and experiences, leading to increased innovation, creativity, and problem-solving capabilities. Effective DEI strategies involve implementing targeted recruitment and retention initiatives, providing opportunities for career advancement, and fostering a culture of belonging.

Talent Acquisition: A Quality-Over-Quantity Approach

The finance industry is experiencing a talent shortage, making it increasingly challenging to find qualified candidates. As a result, companies are shifting their focus from quantity to quality in their recruitment efforts. Hiring processes are becoming more rigorous and time-consuming as organizations invest in thorough assessments and evaluations to identify candidates with the right skills, experience, and cultural fit.

Conclusion

The Audit & Governance industry is evolving rapidly, driven by the twin forces of ESG and DEI. Professionals who can navigate these complex challenges and demonstrate expertise in both areas will be well-positioned to succeed in this dynamic and demanding field. As the industry continues to evolve, the focus will increasingly be on finding the right talent, rather than simply filling vacancies.


How to secure the top talent in the industry ??


1?? Prefer native connections Build authentic connections with potential hires through targeted outreach on platforms like email, direct messaging, LinkedIn groups, and job boards.

2?? Boost employer branding Position your company as an industry leader by showcasing your unique culture, values, and employee experience. Share compelling stories, highlight employee benefits, and promote open roles to attract top talent.

3?? Opt for targeted comms Identify and engage both active and passive candidates through tailored communication strategies. Leverage job postings, candidate databases, social media, and targeted email campaigns to optimise your talent acquisition efforts.

Find out more ?? https://info.careersingroup.com/quality-over-quantity


Diversity & Inclusion Report 2024

Is the Audit & Governance Industry addressing the diversity gap? ??

Regulatory bodies such as the FCA and PRA are exerting increasing pressure to enhance diversity within the industry. However, attracting and retaining diverse talent remains a significant challenge. Our report offers actionable insights to help organisations build more inclusive audit and governance teams.

Download now ?? https://info.careersingroup.com/careers-in-group-diversity-and-inclusion-report


Follow us for more insights and resources ??

https://www.dhirubhai.net/company/careersinaudit-com/


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