13% decrease in professional job vacancies in February when compared to January 2017.

13% decrease in professional job vacancies in February when compared to January 2017.

Trayc Keevans 07.03.2017

Millennial effect shows 4% more professionals seeking job opportunities in February compared to January 2017.

Employment Monitor

Highlights

Jobs: 

  • The monitor recorded a 13% decrease in professional job vacancies in February when compared to January 2017. 
  • Availability of professional jobs fell nationally by 12% in February 2017 compared to the same month last year.
  • The monitor recorded a 4% month-on-month increase in the number of professionals active in the job market between February and January 2017 and a 12% increase since the same period last year. 

Language Skills:

  • There is a high demand for native German speakers followed by Dutch and Nordic languages currently in the Irish market. With multiple employers expanding markets in these areas, native speakers have significant opportunities in customer service, inside sales and tech support. However there is a good population of native Spanish, Italian, Portuguese, Russian, and Polish & French speaking professionals available. 

IT:

  • In IT, there has been month on month growth in demand for SAP and Oracle professionals, reflecting growth among companies investing in bigger capability ERP systems to facilitate ongoing mergers and acquisitions on a single platform.  
  • With many businesses moving to digitalise their operations the biggest growth area in ICT is global cyber security, as organisations look to ensure that business and customer data is securely stored, processed and protected.  

HR:

  • Among HR professionals there is a heightened requirement for Total Reward specialists. International experience and a strategic understanding of compliance as well as expertise in delivering initiatives and programmes for attracting and retaining employees is becoming more prevalent as the skills shortage continues.

Finance:

  • The professional services space is continuing to grow regionally. Many of the top ten firms are further expanding their presence outside of the capital which is having a knock on effect in demand for talent among newly qualified Accountants across Audit, Tax, Corporate Finance and Consulting. This is opening up opportunities for professionals looking to relocate across Ireland.  
  • At this time of year a continuing surge in Chartered Accountants looking to move away from practice to one in industry is more evident. It is also more common for newly qualified professionals to consider a career or travel gap at this time so graduate programs and career guidance facilities are in high demand.
  • In Banking, there is an increase in demand for Financial Planning, Pension, Mortgages and Compliance roles.

For media queries please contact:

Céline Crawford, MKC Communications, 01 703 8613 / 086 8235777

About the Morgan McKinley Irish Employment Monitor

The Morgan McKinley Irish Employment Monitor (previously known as the Premier Group Irish Employment Monitor) measures the pulse of the Irish professional jobs market by tracking the number of new job vacancies and new candidates within the Republic of Ireland each month. See www.morganmckinley.ie for details.

  • Statistical methodology

Monthly new jobs and new candidate figures are based on Morgan McKinley’s own monthly records of new permanent job vacancies and new candidates registering with the firm for permanent employment. Statistics for the full market are derived using Morgan McKinley’s own market share.

  • Job classification:

Job vacancies are professional level roles within the following sectors and functions: banking & financial services, commerce & industry finance, insurance, public practice & tax, legal, HR, IT, life sciences, engineering, process & manufacturing, professional services, sales & marketing, customer service, secretarial & office support.

  • Geography:

The data is based on new job vacancies and new candidates registered with Morgan McKinley’s network of Irish offices in Cork, Dublin, Kilkenny, Limerick and Waterford.

About Morgan McKinley in Ireland

Irish owned Morgan McKinley is a global professional recruitment consultancy connecting specialist talent with leading employers across multiple industries and disciplines.

With offices across Ireland, the UK, EMEA, Asia and Australia, its professional recruitment expertise spans the accounting & finance, financial services, technical and IT sectors. Morgan McKinley is a preferred supplier to most of the major employers in its specialist sectors and thousands of smaller local firms.

In 2016, Morgan McKinley was recognised as one of the top five Best Workplaces in Ireland, in the Great Place to Work Awards. The company also received an award for the best Learning & Development Organisation at the Irish Institute of Training and Development Awards and ranked sixth globally on LinkedIn’s list of the Most Socially Engaged Staffing Agencies.

Trayc Keevans's picture
Associate Director New Business Acquisition
tkeevans@morganmckinley.ie