Looking Back on 2024 - Payments Recruitment Trends

Throughout 2024, we've had countless conversations with professionals and companies in the payments sector, uncovering fascinating trends driving career decisions and recruitment strategies. Here's what stood out:

1. Beyond Compensation

While competitive pay remains critical, professionals in the payments industry are looking deeper. A growing number of candidates show interest in company culture and opportunities for professional development when making career moves. We’ve seen that employers who invest in learning and development funds or provide structured growth pathways are more successful in attracting and retaining top talent.

2. Reimagining Time Off

The standard 25-day holiday allowance is seen as the baseline in the UK and not considered as a benefit. Companies offering creative time-off perks—like duvet days or sabbatical opportunities—are standing out. These policies reflect a commitment to employee wellbeing and have become key differentiators in a competitive talent market.

3. Work-Life Balance

Work-life balance has firmly established itself as a priority. More than ever, professionals value companies that not only promote but demonstrate their commitment to wellbeing. This shift marks a maturing industry that recognises the importance of fostering environments where employees can thrive both personally and professionally.

The payments sector is continuing to align workplace culture with modern employee expectations, and it’s exciting to see thoughtful approaches gaining momentum.

As we move into 2025, we anticipate even more innovation in how organisations support their teams.

Looking for support with your next hire? Get in touch with us at info@mostynchase.co.uk or call 01666 848 421 to discuss how we can help.