Firstly, there was a growing demand for digital wealth management services, as more consumers sought online investment platforms and robo-advisors. This trend was driven by the convenience and accessibility of digital platforms, as well as the lower fees associated with automated investing.

At the same time, traditional wealth management firms were facing increased competition from new entrants in the market, including fintech startups and online investment platforms. These new players were often able to offer more cost-effective and flexible investment options, appealing to younger investors and those with smaller portfolios.

Another trend was the growing focus on sustainable and responsible investing. Investors were increasingly looking for ways to align their investments with their values and support companies with strong environmental, social, and governance (ESG) practices.

In addition to these trends, the wealth management market in the UK was facing regulatory challenges. The Financial Conduct Authority (FCA) had introduced several new rules and regulations in recent years aimed at improving transparency and consumer protection in the industry. These included requirements for firms to disclose their fees and charges more clearly, as well as increased scrutiny of investment advice and recommendations.

Overall, the UK wealth management market was evolving rapidly, with new players and technologies disrupting traditional models.

Dundee is a city with a diverse economy, with strengths in sectors such as digital media, biomedical sciences, and renewable energy. According to the Office for National Statistics (ONS), as of September 2021, the unemployment rate in Dundee was 6.7%, which was slightly higher than the national average in the UK.

In recent years, the city has seen significant investment in its waterfront area, including the development of the V&A Dundee museum and new office and residential spaces. This has helped to attract new businesses and create job opportunities in areas such as construction, hospitality, and tourism.

The digital sector is also a significant employer in Dundee, with companies such as Outplay Entertainment and Tag Games contributing to the city's reputation as a hub for video game development. There are also opportunities in the healthcare and education sectors, with the University of Dundee and Ninewells Hospital both major employers in the area.

Overall, the job market in Dundee appears to be relatively diverse, with opportunities available in a range of sectors. However, as with any city, the job market can be influenced by a variety of factors, including changes in the local and national economy, shifts in industry trends, and the impact of global events such as the COVID-19 pandemic.

As a recruiter, one of the most common questions I get asked is how to go about asking for a pay rise. It's understandable - we all want to be fairly compensated for the work we do. However, asking for a pay rise can be an uncomfortable conversation, and many people are unsure of how to approach it. In this blog post, I'll be sharing my top tips for asking for a pay rise, based on my experience working with both employers and employees. From doing your research to timing the conversation right, these tips will help you navigate the process with confidence and increase your chances of getting the raise you deserve.

1. Do your research: Research the industry average salary for your position and compare it with your current salary. This will help you understand if you're being paid fairly and give you leverage when negotiating for a pay raise.
2. Show your worth: Highlight your accomplishments and contributions to the company. Show how you have added value to the company and how you have gone above and beyond your job responsibilities.
3. Timing is key: Timing is crucial when asking for a pay raise. Choose a time when your manager is not busy or stressed, and when the company is doing well financially.
4. Be confident and assertive: Approach the conversation with confidence and assertiveness. Make sure you know your worth and are able to articulate your reasons for deserving a pay raise.
5. Be prepared to compromise: Be willing to negotiate and compromise if necessary. You may not get the exact amount you are asking for, but you may be able to negotiate other benefits such as more flexible working hours or additional paid time off.

If you've followed all the steps and you're still unable to secure a pay rise, it may be time to consider other options. Remember, there are many factors that can affect an employer's ability to give you a raise, and it may not always be a reflection of your performance. If you feel undervalued and underpaid, it's important to take action and explore other opportunities. Don't be afraid to start looking for a new role that offers better pay and benefits. Sometimes, a change of environment can be just what you need to take your career to the next level. Whatever you decide to do, remember to stay positive and stay focused on your goals.

As a recruiter, one of the most common questions I get asked is how to go about asking for a pay rise. It's understandable - we all want to be fairly compensated for the work we do. However, asking for a pay rise can be an uncomfortable conversation, and many people are unsure of how to approach it. In this blog post, I'll be sharing my top tips for asking for a pay rise, based on my experience working with both employers and employees. From doing your research to timing the conversation right, these tips will help you navigate the process with confidence and increase your chances of getting the raise you deserve.

1. Do your research: Research the industry average salary for your position and compare it with your current salary. This will help you understand if you're being paid fairly and give you leverage when negotiating for a pay raise.
2. Show your worth: Highlight your accomplishments and contributions to the company. Show how you have added value to the company and how you have gone above and beyond your job responsibilities.
3. Timing is key: Timing is crucial when asking for a pay raise. Choose a time when your manager is not busy or stressed, and when the company is doing well financially.
4. Be confident and assertive: Approach the conversation with confidence and assertiveness. Make sure you know your worth and are able to articulate your reasons for deserving a pay raise.
5. Be prepared to compromise: Be willing to negotiate and compromise if necessary. You may not get the exact amount you are asking for, but you may be able to negotiate other benefits such as more flexible working hours or additional paid time off.

If you've followed all the steps and you're still unable to secure a pay rise, it may be time to consider other options. Remember, there are many factors that can affect an employer's ability to give you a raise, and it may not always be a reflection of your performance. If you feel undervalued and underpaid, it's important to take action and explore other opportunities. Don't be afraid to start looking for a new role that offers better pay and benefits. Sometimes, a change of environment can be just what you need to take your career to the next level. Whatever you decide to do, remember to stay positive and stay focused on your goals.