Total Back Office Solutions can give you recruitment agency formation advice

The number of finance jobs in London is increasing, which may be of interest to those trying to set up a recruitment agency.

According to figures from Astbury Marsden, a recruitment company, finance jobs in London's Square Mile are becoming increasingly available.

Last month, the number of positions available climbed by seven per cent to reach 5,031 - up from 4,713 in the previous month. This is also a 21 per cent increase from August 2009.

The firm notes that fund managers, who are often the last to increase hiring after a recession, have also started to created new positions.

It was also noted that those who choose to switch firms will be rewarded with up to a 15 per cent pay increase due to the elevated risk of changing employer in the current economic situation.

Recent research from Badenoch & Clark shows that HR professionals are becoming more valued by employers as the task of finding suitable employees has become more difficult during the recession.

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