Investment bankers enjoy the return of stability to job market

THE investment banking job market stabilised during the third quarter as confidence returned, according to a survey by recruitment specialist Robert Walters.<br /><br />While recruitment levels did not reach the peaks seen in 2007, the firm said hiring levels had settled down during the quarter, adding that many candidates for jobs were once again receiving counter-offers.<br /><br />There was also an increase in the number of professionals being offered salary increases or promotions during the resignation process.<br /><br />However, the availability of jobs has led to a skills shortage, the survey said.<br /><br />In the permanent recruitment arena, the pace and volume of hiring increased as firms began to battle each other to secure the best talent.