The island of Jersey has one of the highest concentrations of financial services jobs in the United Kingdom outside of ...
The island of Jersey has one of the highest concentrations of financial services jobs in the United Kingdom outside of London due to its tax laws. The cost of living is on par with the country's capital, although residents benefit from a flat rate of income tax of just 20%. Purchasing property in Jersey requires a residency of 11 years. However, rental accommodation is in plentiful supply and, while rents are higher than the UK average, so are annual salaries. Measuring less than 120 sq km (44 sq miles), Jersey residents also benefit from short commute times and a more leisurely way of life.
Jersey Job Opportunities
Jersey's banking and legal services account for over 40% of its economy, with a quarter of the island's workforce employed in the sector in roles ranging from financial accounting to human resources. During the summer months, those looking for jobs in Jersey can find seasonal work in both the hospitality and agricultural industries in areas such as customer service.
With international banks and legal firms located in Jersey employing staff from all over the globe, there is a range of support roles available and those with the relevant experience and qualifications can find human resources jobs in Jersey.
The tourism and hospitality industry is the second largest provider of jobs in Jersey, and those seeking full or part-time work in this sector will find customer service and support roles in increased supply during the summer. Overall, customer service jobs in Jersey are prevalent, but can be subject to seasonal fluctuation.
Jersey Employment Trends
Jersey's high international sovereign credit rating has made it an attractive location for international finance and private banking. With traditional links to the City of London and mainland Europe, it has demonstrated the strength of its financial services sector. Growth is now anticipated in emerging markets including Russia, China, and the Gulf states, particularly in the areas of private wealth management and capital markets. Those looking for finance jobs in Jersey will find a number of opportunities.