Claymore Partners Survey Reveals that Financial Service Hiring is Expected to Rise in 2008 Despite Credit Crisis

Greenwich, CT, November 30, 2007 --(PR.com)-- Over half of the financial services firms surveyed over the last few weeks by Claymore Partners in their 2008 Financial Services Talent Acquisition Survey are still planning on increasing professional hiring in 2008. Another twenty nine percent (29%) of financial firms planned on flat hiring and only nineteen percent (19%) expected lower hiring in 2008.

Ninety percent (90%) of respondents indicated that the impact of the credit crisis on their 2008 hiring plans would be slight or have no impact. However, specific investment banking and mortgage firms and areas that are deeply and directly impacted by the credit crisis are reducing hiring plans in specific areas, but the impact does not seem to be wide spread at this point.

Information technology and sales positions are expected to be in greatest demand by financial institutions in 2008. Information technology positions were also viewed as the most difficult function to fill by financial institutions despite the use increasing use of outsourced and offshore technology resources. The finance function was also viewed as being difficult to find by financial service organizations.

Claymore Partners is an executive search and consulting firm specializing in the financial services arena. The 2008 Financial Services Talent Acquisition Survey was sent to over 350 Human Resource Executives from leading financial service institutions across the USA. If you would like further information on the findings from the survey, please contact Steven Landberg at slandberg@ClaymorePartners.com.

Contact:

Steven Landberg
Managing Director
Claymore Partners LLC
Greenwich CT
203 987 4641
slandberg@ClaymorePartners.com
www.ClaymorePartners.com

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