The STOIX V | Interim and Permanent Market Update | How to Secure and Retain Top Talent

Although the year is soon coming to an end, we're still seeing lots of activity in the market. Our interim business remains very busy (please see more below) due to year-end, finance systems projects and transformation requirements.

December will be an equally exciting month as 3 new members are joining the STOIX Team in London. Introductions coming soon!

But for now, here are the 5 things we want to share with you at the end of this month.

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I. A quote to inspire

?"When you arise in the morning, think of what a precious privilege it is to be alive – to breathe, to think, to enjoy, to love." — Marcus Aurelius

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II. A piece of good advice

STOIX, Co-founder, Neil French ran a session at The Richmond Finance Directors' Forum attended by over 120 FDs and CFOs on what Top Finance Talent is looking for in 2023 and how to attract and retain Top Talent. Here are some of the key points from his presentation:

?Mission and Purpose are more important post-pandemic.

?Wage inflation in finance

?Proactive rather than reactive hiring can give you an advantage

?Move swiftly and don't over-engineer processes to secure top talent

?Diversity remains high on the agenda but many are not doing it correctly and people are becoming frustrated

?Both clients and candidates are looking for strong Change, Transformation and Project skill sets

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III. A glimpse of the market

STOIX Interim Practice and Interim Market Update by Reece Aitkins (Director of Interim & Transformation at STOIX): "Not on Christmas Holidays just yet" ???? The permanent market feels like it may winding down a little, but interim is certainly keeping up the momentum as we approach December. ?Current Interim Assignments:

?? Interim Divisional FD - Manufacturing - ￡175,0000 (FTC, 6 months+)

?? Interim FP&A Consultant - Leisure - ￡550 p/d (Outside IR35)

?? Interim Group Accounting Consultant - ￡550 p/d (Outside IR35)

?? Interim Financial Controller - Retail - ￡80,000 (FTC, 12 Months)

?? Interim Head of Reporting & Control - Tech - ￡110,000 (12 Months) ?

Permanent or Interim, the turn of the year often correlates with an uptick in the market so make sure you are prepared with a profile, actively growing and deepening your networks whilst there is very much an excuse to do so (??).

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IV. A snippet of thought leadership

The most sought-after trait of a finance leader in 2024?will remain the ability to navigate crises and periods of significant change. The economic landscape of recent years means that senior finance leaders have to respond to a variety of challenges and be comfortable with ambiguity.

Listen to STOIX Co-founder, Neil French discussing this topic in more detail in this video.

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V. An opportunity to seize

If you're looking for your next Interim Finance Director appointment in the Midlands, read the role description and send your application today. If you're looking for other permanent or interim roles, check out our other opportunities here.

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