Market outlook - patience is a virtue

Over the last few months, one of our most frequently asked questions is “are there any indications of an upturn in the market?” In speaking extensively to clients around the world, we are seeing strong signs of significant activity in the next quarter as companies with December year ends, finalise budgets for 2010. 

Certain multinationals will inevitably adopt a more cautious wait and see approach, however there is a very clear sign that in-house expertise is highly desired and will continue to increase over the next six months. We are also seeing lateral transfer pricing hires in the legal sector as international law firms take advantage of the market to gain ground on the big four accounting firms. For many professionals, this provides a fresh alternative to an international accountancy environment while still operating within a multidisciplinary team of lawyers, economists and accountants.

If individuals are seeking an overseas move to accelerate your career, there are a number of key jurisdictions where we are seeing exciting growth, despite the current economic climate. For specific information on these as well as detailed advice on salaries and expat packages, please contact one of our team for a confidential discussion.

As with any significant hiring or career change decision, it is important to consult specialists and people you trust. As TP International is the only recruitment firm dealing solely with transfer pricing, we have in depth knowledge of the global market for transfer pricing professionals. This can assist both multinational companies and consulting firms with hiring the best available talent in any city, anywhere in the world as well as providing candidates with the leading opportunities available in the market.

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