Recruitment activity across banking in the first half of 2016 focused mainly on replacement hires, particularly in the front office. This trend is set to continue, given the current economic climate in Thailand.
AML and compliance professionals were highly sought after by both local and international banks but hiring activity will slow down in 2017 as positions are filled.
Due to the talent shortage of compliance and risk and control professionals, successful candidates can expect competitive salary increments of 25% in 2017.
This was among the key findings of our latest Salary Survey 2017.
The report added that cost cutting will remain a key theme in 2017, and banks will look to further streamline their projects and business processes.
As a result, we anticipate higher demand for strategy, FP&A process improvement and digital professionals in 2017 - particularly as banks continue to evolve their digital banking propositions.
The 2017 Global Salary Survey
Now in its eighteenth edition, the annual Global Salary Survey is the most comprehensive review of professional salaries and recruitment trends around the world.
The comprehensive book, covering 27 countries, is free and covers the UK and Ireland, Continental Europe, the Middle East, Africa, Asia, Australia and New Zealand as well as North and South America.The Global Salary Survey is based on the analysis of permanent, interim and contract placements made across each of our geographies and recruitment disciplines during 2016.
To know more hiring trends within banking & financial services and other industries, click here to request a copy of the 2017 Global Salary Survey.