The impact of the credit crunch is making itself felt for financial employers, according to survey into the most popular sectors to launch a career.
Research from Universum UK found that employers in the financial services sector are not as attractive for UK professionals and do not feature in the top 30, with the exception of the Bank of England standing alone in 23rd place.
These results are in contrast to the Universum UK Student Survey, where banks, auditing firms and management consulting companies were seen by university students to be "Ideal Employers".
The UK professional survey shows that the credit crunch has affected career expectations. The focus on job security, as an important career goal, has risen by 11.4 per cent compared to last year - currently 55.9 per cent of professionals have this as one of their top three career goals.
"The current climate is obliging employees to remain with their current employer," said Anne Margrethe Mannerfelt, Market Unit Manager of Western Europe. "Yet with the job layoffs and cost-cutting initiatives, employee engagement is low. When the economy picks up, these employees will be looking for new opportunities and employers will be faced with a challenge: how to deal with rising attrition rates and at the same time meet new market demands. Companies cannot afford to neglect their employer brands."
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