STOIX V | 2024 market predictions | A guide to competency interviews for job-seekers

Despite the sluggish state of the employment market, STOIX has had a strong start to the year, showing resilience in our operations.

We're excited to announce that the recording of the STOIX Podcast has kicked off, featuring prominent voices in executive search and talent acquisition. Stay tuned for more details.

Looking ahead, don't miss our Executive Search workshop in March, where you can improve your job search strategy and LinkedIn profile, and be prepared to seize your next opportunity.

Our latest research report has been well-received, especially among female finance leaders who found it invaluable to learn about shared challenges. We encourage those who haven't read it yet to do so.

Enjoy the new STOIX V!

I. A quote to inspire

"Life is very short and anxious for those who forget the past, neglect the present, and fear the future." - Seneca

II. A piece of good advice

Competency interviews are a key part of most interview processes for senior leadership opportunities.?

This is why Rory McDermott, STOIX Co-founder and Executive Coach, created a comprehensive guide that includes everything you need to know to ace your next interview. This guide offers an extensive list of example questions and expert tips that will help you better understand the requirements and ensure you feel prepared and confident in your interview skills.

You can download the guide here.

III. A glimpse of the market

As 2024 unfolds, the labour market faces a sluggish start amidst daunting economic conditions, signalling ongoing challenges and a cooling-off trend expected to persist throughout the year. According to Indeed's 2024 UK Jobs & Hiring Trends Report, these are the key predictions for the year ahead:

• The UK labour market continues to show resilience in the face of a bleak economic outlook.?
• The ongoing rebalancing of labour demand and supply will continue, with the historically tight labour market likely to loosen only gradually.
• Candidates are likely to retain a degree of leverage over pay and conditions, with flexibility set to remain a powerful tool for job attraction and retention.
• High wage growth has peaked, but its persistence remains key to the outlook for interest rates.
• Foreign interest in UK jobs has doubled in the past two years amid record net migration.?
• GenAI will disrupt the job market and has already ignited rapid jobs growth in its creation and use.?

Read more here.

IV. A snippet of thought leadership

Discover a variety of resources available on our website, ranging from candidate support to essential advice for improving your hiring outcomes. Click here if you haven't explored it yet.

You will find videos, articles, and research reports offering insights into our approach to talent acquisition, diversity, and sustainability from an executive search perspective.

V. An opportunity to seize

STOIX has been retained by the Channel Islands Co-operative to appoint a new Chief Financial Officer.

This exciting opportunity will play a pivotal role in the strategic growth and commercial success of the Co-op across Jersey and Guernsey. As an integral member of the Board (invited officer) and Executive Leadership Team, the CFO will not only lead the development of the financial strategy but also actively contribute to broader strategic business planning including revenue generation, growth, and development initiatives, playing a pivotal role in shaping the Society’s long-term future. Learn more about this opportunity here.

If you're looking for other permanent or interim roles in finance or transformation, keep an eye on our opportunities here.

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