Employment is increasing across all sectors in Ireland, according to Morgan McKinley’s latest research, with retention policies by businesses meaning job-seeker numbers are falling, and a work/life balance now key.
The October 2014 Morgan McKinley Irish Employment Monitor shows that, while all sectors are seeing a hike in professional employment, certain areas such as finance, logistics, engineering and planning reflect the highest areas of growth.
“For the sixth month in a row, professional job vacancies have increased, highlighting the continued improvement in the Irish economy in general and the professional jobs market in particular,” said Bryan Hyland, operations director at Morgan McKinley.
Interestingly, the area of arrears and collections is losing significance in the financial services sector, with hirings of professionals in sales roles and product development now becoming more prominent.
Rising confidence in Irish economy
“This is a prime example of firms looking to generate revenue in attracting new business and speaks well of the rising confidence in the Irish economy,” said Hyland.
When it comes to multilingual positions, Ireland is importing talent from all over the world, with businesses of all sizes hiring people in the first 10 years of their career.
“The drop in the number of job-seekers is a continuation of trends we have seen in recent months. The trend of a drop in new skilled professionals coming onto the market, coupled with employers focusing on retention policies, has resulted in this negative candidate figure,” said Hyland.
“Finally, the last two editions of the employment monitor have seen a desire from tech professionals for roles which focus not only on the basic remuneration package but also on the entire benefits package and work/life balance. This has not changed and, as seen in the Morgan McKinley Working Hours Survey, an increased emphasis on work/life balance is becoming the norm in tech.”
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