Morgan McKinley have released their latest Irish Employment Monitor. It shows that the availability of professional job opportunities in April 2016 (12,203) increased by nearly 2% sequentially since March 2016, but decreased by 9% year on year since last April (13,445).
The number of professionals seeking new roles in April 2016 (7,588) increased by 6% sequentially since March 2016, however this is a reduction of 8% year on year since April 2015 (8,225).
In Financial Services, areas with continuing strong opportunity include Corporate Governance, Risk, Compliance, Financial and Business Analysis, Qualified Financial Advisory and Project Management.
In Accountancy, there is strong demand for Audit and Taxation professionals, experienced consultants and newly qualified accountants.
The monitor shows that growth in the general insurance market has led to a spike in demand for Chartered Insurance Professionals (CIPs) and experienced staff from commercial backgrounds.
Pharma and Engineering sectors remain buoyant with very strong demand for candidates and ongoing competition for talent and skills availability.
The report indicates that there is a strong and continuing requirement for candidates with language skills including German, Scandinavian languages, French, Dutch, Spanish and Italian.
Operations Director at Morgan McKinley Ireland, Bryan Hyland said, "We are seeing a general level of stability and balance in the market and this is underpinned by increasing confidence among indigenous firms where there is organic growth and recruitment, including a noticeable rebound by the SME sector."
He added, "Overall, the ‘time to hire’ has become faster, by which we mean employers are working ever more quickly to evaluate and bring on board new recruits, reflecting the demand for highly sought after candidates."
Source: www.businessworld.ie
