'Unemployment fell to its lowest level in five years as recruitment increased in all areas throughout 2014' according to the Robert Walters Global Salary Survey – 2015
Recruitment picked up in all areas of the Irish market in 2014, according to the survey.
- Increased movement in the jobs market triggered a rise in the frequency of counter-offers as employers attempted to retain their top talent.
- Skilled Irish professionals started to return home from overseas as the recovery gathered momentum.
- The volume of newly-created roles saw a number of companies outsourse the recruitment process to help meet hiring requirements.
Demand was high for individuals within the field of data analytics. Those with pure maths, statistics, finance and quantitative backgrounds were in highest demand by finance, marketing and IT functions to better capture, collate and utilise large volumes of data to aid decision making.
Widespread demand existed for fund accountants with two to five years’ experience and newly-qualified lawyers.
|"As the economic recovery continues, we expect companies to initiate growth plans and hire across both support and revenue generating functions"
New Hybrid Roles Emerging
Throughout the year new hybrid roles emerged to meet the twin demands of data protection and information security, although demand outstripped supply in this area.
Risk management specialists were also hard to source, as were IT analysts, digital marketers and newly-qualified accountants with ‘Big 4’ internal audit skills
Louise Campbell, Managing Director Robert Walters, Ireland said:
“The signals we received in 2014 indicate that there will be significant shortages of skilled candidates in 2015, particularly for IT, finance and regulatory roles. Candidate confidence has returned and staff retention will be priority in 2015 for the majority of organisations in Ireland.”
For the most part, salaries remained stable with no significant increase compared to 2013. However, candidates with in-demand skill sets could expect a 5-10% rise when moving companies.
While there is no reason to doubt that Ireland’s economic recovery will continue in the year ahead, precise market predictions are difficult to make as so much depends on activity in the US and Europe. However, with increasing confidence in the country’s PLCs, 2015 looks set to be another strong year for recruitment in Ireland.
Robert Walters is one of the leading international recruitment consultancies.
Source: Robert Walters Press Release 22/1/15
The CareersPortal Team