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Inclusive Cultures Don’t Happen by Accident — They’re Built Intentionally

Following International Women's Day, many organisations reflect on progress.But for finance leaders and hiring managers, the more important question is this: What does inclusion mean in practice — and how does it affect performance? Because this isn’t just a culture conversation. It’s a capability conversation. ​Inclusion Impacts Talent Attraction ​The best finance professionals — at every level — have options. They are looking for: Transparent progression pathways Visible meritocracy Leadership that values contribution over presence Environments where performance is recognised fairly If an organisation’s culture unintentionally favours “proximity” — those closest to decision-makers — it narrows its own talent pipeline. ​And in a market where specialist skills are already in short supply, that’s a commercial risk. ​Meritocracy Must Be Visible Many businesses describe themselves as meritocratic. ​But candidates assess that through lived signals: Who is in senior leadership? Who is promoted internally? How are flexible working arrangements handled? How openly are development opportunities discussed? In accountancy and finance particularly — where progression paths are structured and performance is measurable — fairness needs to be both real and visible. ​High performers want clarity, standards and consistency. ​​Leadership Behaviour Shapes Retention Inclusive leadership isn’t about grand gestures. ​It’s about everyday behaviours: Who is invited into strategic discussions Who is given stretch projects Who is credited publicly Who is sponsored, not just mentored Retention in finance teams is rarely lost because of salary alone. It’s often influenced by visibility, opportunity and recognition. ​Businesses that understand this tend to build stronger, more stable finance functions. ​The Commercial Case for Inclusion Diverse and inclusive teams bring broader perspectives to: Risk assessment Strategic planning Commercial analysis Operational improvement For CFOs and Finance Directors, inclusion isn’t a compliance issue. It’s about building balanced teams capable of better decision-making. ​The organisations that approach inclusion intentionally — rather than reactively — are often the ones that outperform in the long term. ​Beyond Awareness Days International Women’s Day creates valuable momentum every year:But sustained progress comes from: Clear promotion criteria Transparent hiring processes Conscious leadership development Ongoing cultural accountability In today’s hiring market, an inclusive culture isn’t just about employer branding — it influences who joins, who stays and how teams perform. ​

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​SALARY SURVEY – OUTLOOK FOR 2022/23

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It would be easy to attribute the challenges being faced by many in the current candidate-short market to the effects of COVID-19. Yet with top talent continuing to be in short supply and demand reaching unprecedented levels, what we are witnessing is the impact of decisions taken well before the pandemic was upon us.

The squeeze on training and development – exacerbated by COVID-19 – has created a huge hole in the market. Businesses and organisations are now having to be on the front foot to try and address whilst also ensuring that they have the head count and the quality of employee needed to move forward during what is, for many, a period of recovery, transition or growth.

The creation of lean staffing structures by those for whom survival has been the key priority over the past two years will affect their ability to fully explore every avenue to drive growth and look at potential opportunities. Even those business who are – and have been – buoyant, face a struggle to add to their headcounts as employers double down on efforts to retain their top talent and the motivation for candidates to look for a move are lessened as a result.

To help redress the balance, businesses can look at where they can make meaningful investments at graduate level and in the training, development and upskilling of their current teams. This will ensure that they are in strong positions to promote from within as the flow of movement at higher levels trickles down and creates additional opportunities for progression.

Those organisations who are in the fortunate position to make timely recruitment decisions and have an understanding and appreciation of what the best solution is from within the current candidate pool will be the ones that reap the benefits. Businesses must be mindful of the pace at which the process is moving, accepting that should they wish to go back out into the market after a first round of interviews, their ‘we just want to confirm there is nobody else out there’ choice will more than likely have been snapped up by the time they come to making an offer.

Candidate attraction will continue to be a huge challenge over the coming 12 months. With employers being responsive to addressing the needs of their employees in terms of salary packages, career progression and promotion opportunities alongside adjustments to working patterns and more flexible working arrangements, the need for candidates to look elsewhere in order to achieve what they want is greatly reduced.

With the market unlikely to change significantly in the short to medium term, to stand the greatest chance of success companies will need to play hard to their strengths and carefully consider what the best solutions is to their requirements within the context of what – and who – is available at a particular point in time.

Aaron Pepperday is Regional Director at Sharp Consultancy and focuses upon the recruitment of senior finance and accountancy professionals across the South Yorkshire region; contact Aaron on 0114 261 1700 or aaronp@sharpconsultancy.com