Hiring Trends to Keep An Eye On In 2016

Each year we see employers altering their approach to hiring the best professionals within the International Tax industry. In an increasingly competitive environment, firms are keen to keep pace with their competitors who are always deploying new tactics to find the best International Tax professionals. Here at ITS we see the best candidates in the market often receiving 4 or 5 job offers when they decide to move on from their current employer. A recent article by Forbes highlights 5 Hiring Trends to Watch in 2016 with the first being more perks and benefits being offered. Forbes suggest that salary increases to be expected are currently fairly minimal so candidates should negotiate additional benefits. Whilst we believe this to be true in part, we always encourage the candidates we work with to try and negotiate a healthy uplift in their salary whilst changing employer.

In the article, they state that:

“Job offers will include more perks and benefits. According to Mercer, salary increases this year are projected to be 2.9%. So, if you’re planning on remaining in your current job, chances are your raise will not be significant (if you receive one at all).

As such, job seekers looking to increase their earning power by pursuing external opportunities should also focus on negotiating more bells and whistles in their offer. In light of the current talent shortage, employers are generally hungry for quality candidates. Seekers should leverage this not only in negotiating financial benefits like base compensation, a sign-on bonus and relocation allowance – which may be more difficult to attain in the current economic climate – but also for perks like flexible work schedules and additional time off. Candidates can expect to see offers that include ramped up benefits like unlimited personal time and extended maternity and personal leaves.

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5 Hiring Trends to Watch in 2016