The virus’ spread and consequent restrictions contributed to a big drop in Q2 2020 vacancies in the accountancy, financial services, and commerce and industry sectors right after the UK’s first lockdown was announced at the end of March 2020. Figures from Vacancysoft indicate that vacancies have slowly picked up in Q3 but are struggling to recover to pre-pandemic heights.
– Relative to other professional areas, recruiting for Audit positions has remained buoyant during 2020, despite the COVID-19 crisis, albeit with vacancies down by 23% across the country.
– Recruitment within Audit being less impacted can also be seen by the fact that in 2019, 15% of qualified Accounting roles were for Auditors, whereas in 2020 so far the percentage is 18%.
– The shift in hiring into regional offices continues, resulting in 56% of all Audit vacancies outside the Capital this year. Such has been the increase in recruiting regionally, that it is estimated that by the end of 2020 there will have been more Audit vacancies regionally than in 2018.
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