Morgan McKinley Irish Employment Monitor - April 2014
The Monitor also showed a 4% increase in the number of new professional job opportunities from March 2014 (9,142) to April 2014 (9,475).
In terms of professional job seekers entering the market, there was a sequential monthly increase of 19% from 6,985 in March 2014 to 8,335 in April 2014. However there was also a fall of 16% recorded in the number of professionals seeking new career opportunities compared to the same month last year (9,980).
Karen O’Flaherty, chief operations officer at Morgan McKinley, commented, “The positive start to 2014 continued into April, which recorded increased job opportunity figures compared to last month and last year. This is especially significant in light of April being a “shortened” working month due to various bank holidays.
“Healthy demand is still prevalent for senior finance candidates and internal audit professionals across all levels. A symptom of this demand is that candidates are often receiving multiple job offers this is putting hiring managers under pressure to complete their recruitment processes more swiftly and promote themselves as an employer of choice to ensure they attract and retain key talent.
“The insurance and banking industries particularly are very active with compliance, risk and project management candidates highly sought after. Interestingly we are seeing increased activity in the insurance market which concurs with a recent PWC report suggesting Ireland could establish itself as a & lsquo;Global Centre for Insurance Innovation’.
“The ICT sector remains strong in Ireland with continued demand for .Net, Java and Java Script professionals. Employment trends have shifted from permanent to fixed term contracts as companies manage headcount constraints and sourcing IT professionals on a permanent basis is more challenging than sourcing fixed term contractors.
“The supply chain sector is experiencing a lift in job opportunities for warehouse, materials planning and materials management professionals. We see this as a positive development and indicative of the improvement in the Irish retail market.
“Regarding job seekers returning from abroad, we are seeing increased numbers within finance and office support sectors and those who have gained valuable international experience are now highly sought after professionals.”