Junior developers, senior business analysts and fund accountants are all in line to receive the largest salary hikes in the coming year, according to Robert Half.
With an uncertain geopolitical and economic landscape on the horizon for 2018, businesses are shifting their focus and hiring practices to survive in an aggressive market.
Robert Half’s 2018 Salary Guide found that the top 5 roles set to see the biggest salary gains next year are:
Junior developer – 4.5%
£19,750 – £32,000
Responsible for developing high performing applications through agile methodologies, support and maintenance, salaries for junior developers are increasing at a rate reflective of the skills deficit in the marketplace.
The role has gone from eighth place in 2017 to one of the key requirements for businesses in 2018.
Senior business analyst – 4.4%
£46,000 – £72,500
As digitisation transforms organisations, experienced business analysts are in high demand. Analysts will be required to assess business models and establish how they can be integrated with technology.
The ability to understand and map existing processes and practices, while determining opportunities for automation will be key to the evolution of businesses.
Fund accountant (NQ – 3 years’ PQE) – 4.2%
£52,500 – £65,750
The accuracy of a fund accountant is hugely important in financial services. There is a strong demand for newly-qualified accountants with up to three years of experience who can assume responsibility for the maintenance of financial records in investment funds and ensure that investors share the gains or losses equitably.
Chief financial officer/Group finance director for an SME – 4.0%
£86,500 – £100,000+
The traditional chief financial officer (CFO) job description is transforming to encompass a more strategic role that balances financial responsibilities with a capacity to influence corporate strategy and drive business change.
Going into 2018, the CFO role will become more closely aligned with the chief executive officer job description, with a focus on increasing profitability and driving overall growth.
Financial controller for an SME – 4.0%
£44,500 – £54,000
Working closely with senior stakeholders and board members, these qualified accountancy professionals act as business partners to support the revenue growth of an organisation.
Using their expertise in management accounting and financial analysis they are able to assume responsibility for various elements of the finance function from preparing management accounts to delivering budgets, forecasts and developing internal controls.