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International Treasury Conference, EuroFinance, Vienna 2022

Mike & Katie recently attended the EuroFinance Conference in Vienna, the video that accompanies this video shows what a great conference it was!

If you want some of the key takeaways from the conference, then READ ON…

Eurofinance, Vienna was great conference as the team got to meet both clients and candidates face to face for the first time in 3 years!

We kept being asked ‘we desperately need people can you help us?’

I explained ‘that’s exactly why we’re here!

We were giving people advice about how they need to change their recruitment processes. They need to be flexible.

We spoke to the Austrian Treasury Association at the beginning of the conference. It was a great session, but we were saying, working remotely / working from home and flexible working are here to stay!

You’ve got to embrace it. If you don’t, you won’t find the right people.

They’re also looking at using LinkedIn.

‘Then asking, why can’t we find those people? I said it’s because you’re looking at people that are looking for a job.

As a company we speak to treasury professionals who aren’t actively seeking a new role instead they are open to their next career-enhancing move through us!

We met a massive range of candidates and clients talked to them about their lives and what is next in them for their careers and who they wanted to recruit next for their team.

The other major topic at Eurofinance was salaries.

People have been asking where should they move to?

How are treasury salaries stacking up well?

The fact is they’re stacking up well.

In the UK there is upwards pressure. The cost of living is increasing as it is across Europe.

However, in Europe, salaries are rising rapidly.

Say you have a temperature chart in the UK.

It’s very warm, a little bit red.

You go into Europe, it’s red hot.

In the US where we are recruiting a series of positions, we are getting lots of roles coming through!

We also have our newest recruiter starting with us in the USA next week, more news to follow!

I have been seeing 20 to 40% pay increases and wide differences according to locations in basic salaries throughout the USA for the same job.

9 months ago, I might have been recruiting;

  • a USA based Treasury Analyst role for $95,000 and
  • say $120,000 Senior Treasury Analyst

You can add $10,000 to $15,000 for each role now.

So, in 2022;

  • a USA based Treasury Analyst role for $105,000 to $110,000 and
  • say $130,000 to $135,000 Senior Treasury Analyst

It was interesting to talk to lots of delegates about how their salaries are stacking up, several of them have sent us their CVs / resumes since the conference.

The final conference take away was that there is a real lack of understanding from many of the clients and candidates when they’ve asked us, where do you operate?

The answer is as I previously mentioned, EVERYWHERE!

We have the lovely Craig and Sophie heading up the UK desk and they are covering all levels right the way through from Treasury Analyst to Group Treasurer.

Then in Europe, the amazing Katie also covering roles at all levels too.

Moving on to the USA, there’s myself, Holly, and our newest recruit – announcement next week!

I also got asked “how long have you been doing this?”

We do have rival recruiters; however, they don’t really invest in treasury.

For them Treasury is one of the things they do.

For us it’s the only thing we do!

That’s our SUPERPOWER!

Treasury recruitment is our business and we’ve done it for 20 as of the beginning of October 2022.

I also spoke about how I love talking to treasurers on my weekly podcast

It’s been going for 4 years, I thought I would do it for 10 episodes.

We’re now over 240 episodes and 90,000+ downloads, I keep talking to some incredible treasury professionals out there.

Let me know if you want to be my next guest on the podcast.

Next year’s conference is going to be in Barcelona. We’ll do a great stand like this again; it was an amazing conference, and we can’t wait to see you again soon.