Carbon market workforce lacking…
According to an article in Reuters, senior executives in the carbon market industry are saying that there aren’t enough knowledgeable applicants for high paying roles in the carbon trading sector. Positions with salaries around £150,0000 are going unfilled due to the lack of people out there fit for the role:
“Armed with lucrative pay packages, recruiters are scouring a niche international talent pool for potential applicants in the three-year old carbon trading sector.
But senior level carbon market positions, like managing director, with base salaries around 150,000 pounds ($310,500) and compensation packages of as much as $1 million, are going unfilled for up to six weeks, said Mark Tomlinson, a director at London-based executive recruiter DNA Search.
“The more junior roles, analysts or carbon project originators for example, starting around 60,000 pounds ($124,200) are being left vacant for two to three months,” he told Reuters on Wednesday.
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Vacancies for specialist jobs, including climate change analysts, managers, and carbon traders, tripled in the financial year 2006/07, environmental recruiters Acre Resources said last month.
London-based Acre said the industry’s average wage was around 43,000 pounds ($89,010) and predicted job growth in the sector to soar by up to 50 times its current size by 2012.
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“There’s a real shortage of talent in South Africa,” Robert Ashdown, a consultant for PricewaterhouseCoopers, told Reuters. “Our (projects) team has doubled in the past three months… so we’ve had to start looking internationally to bring people in.”
Britain’s HSBC (HSBA.L: Quote, Profile , Research) has more than 315,000 employees worldwide, but is still having to recruit analysts externally for its new Climate Change Centre of Excellence in Bangalore.
To browse carbon job listings, including the roles mentioned in this article, visit the Reuters Carbon Community at http://www.reutersinteractive.com/carbon “