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Professional job opportunities up 6pc

Tuesday, December 10 10:49:49

While the number of job opportunities for professionals fell by 10pc in November, there was a rise of 6pc when compared to the same month last year, according to the latest Morgan McKinley Irish Employment Monitor today.

In terms of professional job seekers entering the market, there was a month-on-month decrease of 22pc from 9,355 in October 2013 to 7,320 in November 2013. There was also a fall of 25pc recorded in the number of professionals seeking new career opportunities compared to the same month last year (9,750).

Karen O'Flaherty, Chief Operations Officer, Morgan McKinley said it is typical to see a slowdown in recruitment activity in November and December as we approach the festive season.

"Hiring managers are citing budget restrictions as one reason for not increasing permanent headcount as we near year end. However, temporary hiring has increased in niche areas such as accounts payable, payroll, part qualified and qualified accountants," she said.

"While a major recruitment trend throughout recent years has been in the temporary market, there is a definite shift (albeit slight) towards companies offering permanent contracts. Senior professionals are in demand in a number of key areas including HR, Office Support and Marketing. Furthermore, some of these job titles with specific skills sets, including language requirements, are commanding a 10pc to 15pc increase in salaries being offered, a trend not seen for a number of years. This trend is concentrated, primarily, in Dublin."

"Conversely, there are spikes of activity in regions outside of Dublin, for example the Bioscience sector is seeking R and D professionals with a specific research focus coupled with industry experience. Many of these roles coming to the market are a result of new start-ups being established in regional areas," said Ms O'Flaherty.

"Anecdotally, more employers are enquiring about benchmarking salaries and bonuses than in previous years, a positive sign that hiring managers are willing to negotiate and meet higher remuneration and bonus package expectations to secure or retain the right talent. Our salary survey, which will be released in January 2014, provides a comprehensive overview of salaries and remuneration benefits on offer across our core disciplines for the sectors in which we operate."