Organizations looking for financial professionals primarily compete with other employers in the same sector. Among professionals in financial services, 23% want to work exclusively within their own sector. This is the highest percentage among all five sectors surveyed.

This strong preference is particularly striking as the flexible workforce in financial services continues to shrink. The share of flexible workers fell from a peak of 28% in 2024 to 18% in 2026. Despite this decline, professionals remain strongly committed to the sector, revealing where much of the competition for financial talent comes from.

Nearly a quarter look exclusively within their own sector

Almost one in four professionals want to work exclusively within the financial services sector. This means banks, insurers, pension funds and other financial organizations have access to a group of professionals who deliberately choose to work in this environment. As a result, organizations within the sector often compete for the same talent, particularly when it comes to highly sought-after expertise.

However, not every professional wants to remain exclusively within financial services. The Talent Monitor also reveals which sectors attract professionals who are open to exploring opportunities elsewhere. The central government is mentioned most frequently as an attractive alternative, followed by consultancy and accountancy.

This strong sector loyalty comes at a time of significant change. In 2024, independent professionals and contractors employed through staffing firms accounted for 28% of highly educated professionals in financial services. That figure has now fallen to 18%. The number of available assignments is also declining. In the first quarter of 2026, it was more than 25% lower than in the same period in 2022.

Sector loyalty offers an advantage, but no guarantee

Professionals who deliberately choose to remain within financial services bring valuable experience with the organizations and activities that characterize this sector. However, while 23% prefer to work exclusively within financial services, the remaining 77% are not solely committed to the sector. A large proportion of professionals are therefore open to opportunities in other working environments.

This creates an important distinction. For one group, your main competition comes from within financial services. For the other, you are also competing with organizations in sectors such as central government and consultancy. A broader comparison of talent availability and hourly rates therefore provides more valuable insights than focusing solely on direct competitors.

Hourly rates are rising faster than average

Average hourly rates in financial services have increased by 5.6% in recent years. This is above the market average. The average hourly rate now stands at around €102. However, there are significant differences between professional groups. Among the ten most in-demand groups, financial analysts have the highest average hourly rate at €121.38. Business and organizational consultants average €112 per hour. Software developers follow at €111.11, while accountants earn an average of €96 per hour.

Know who you're competing with for talent

Finding financial talent requires more than just knowing how many professionals are available. Equally interesting is where they want to work, which other sectors they are considering and how hourly rates are developing across different professional groups. The Talent Monitor shows that financial services has a strong starting position. No other sector surveyed has such a high proportion of professionals who want to work exclusively within their own sector. At the same time, the flexible workforce is shrinking and hourly rates are rising faster than average.

Want to know where professionals in your field are located and which sectors you're competing with for talent? In the latest Talent Monitor, HeadFirst, powered by Vertage, combines labor market data with up-to-date external hiring data. Explore the latest insights into sector preferences, talent availability and hourly rates.