January professional job vacancies up 37% in Ireland
The number of professional job vacancies in January 2016 was up by 37% nationally compared to the previous month according to the January 2016 Morgan McKinley Ireland Employment Monitor. There was a 50% month-on-month increase in the number of professionals active in the job market.
Morgan McKinley Ireland’s operations director, Bryan Hyland, commented, “Both indigenous and multilingual organisations are seeing an uplift in business driven by general economic growth both internationally and domestically.
“Companies are noticeably improving their recruitment processes as they seek to hire top talent. With many professionals in high demand, in many cases having multiple job offers, more employers are aware of the need to expedite the interview process and engage with the prospective hire. On the flip side, it is more apparent that employers are counter-offering employees who are considering leaving, creating additional options for professionals on the move.
“This is particularly apparent in niche, high skills demand areas, such as IT, Funds and Finance.
“Recognising the need to engage talent within the organisation as well and creating a future talent acquisition strategy, more companies are recruiting in the senior L&D (learning and development) area of HR to build a framework.
“Demand for international tax managers has increased as international regulations and the tax environment has been changing. There is a marked increase in demand for big four trained professionals with either industry or financial services experience.
“There is a defined shift from temporary towards permanent hiring in the early part of 2016 as confidence continues to build in the market.
“Areas that are particularly active include administrative roles within the construction industry due to increased activities in the property and building sectors. Legal secretaries and PAs with property experience are also in high demand. Multilingual professionals are sought after, particularly with German, Nordic and Dutch proficiency.
“In the engineering sector, new companies are entering the Irish market, seeking candidates with start-up or green field experience, specifically with a manufacturing, quality and validation background.
“The promotion of Ireland internationally and the benefits of currency fluctuations have resulted in the hospitality industry also seeing significant growth.”
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