31% more professional opportunities available between January – June 2015, compared to the same period last year

Aldagh McDonogh 14.07.2015

31% more professional opportunities available between January – June 2015, compared to the same period last year.

Irish Employment monitor

Highlights Overall

  • 19% more professional jobs available this month compared to June last year.
  • 11% decrease in the number of professionals entering the jobs market, compared to June 2014 as the jobs market becomes increasingly passive.
  • A month on month decrease of 15% in professional jobs coming to market, reflective of the season.
  • Dutch, German and Nordic languages were the most in demand this month - employers increasingly require professionals with more than one language.  
  • June recorded a 33% increase in the number of roles for supply chain professionals. Investment in the pharma and life sciences sector is driving this requirement. Procurement and planning professionals were the most sought after.
  • Within the IT sector, security and .Net professionals were most in demand.
  • Significant uplift in new credit roles within banking, though predominantly temporary rather than permanent roles. Increased volume of opportunities within risk and compliance.
  • Continued demand for audit seniors and for international tax accountants and managers with a focus on managing tax compliance.


 

Key Insights in H1 2015

  • 31% more professional opportunities available between January – June 2015, compared to the same period last year.
  • Finance and IT most buoyant sectors in first half of 2015. 
  • The recovery in the professional jobs market is more balanced this year, with a greater geographical spread than in 2014 - driven by multinational, multilingual and financial services sector growth and IDA Ireland’s regional focus for job growth having an impact.
  • In the IT and Financial services sector, confidence this year has manifested in an increase in professionals leaving permanent positions to take up more lucrative temporary and project based roles.
  • The requirement for professionals with more than one language has been the highest ever recorded by the Morgan McKinley Employment Monitor. These roles are across all sectors but primarily in IT, Customer Service and Sales.
  • Globalised nature of work is requiring professionals to be flexible with regard to travel and work/life balance.
  • Recruitment strategies are increasingly globally focused, as companies seek to source talent away from a market that cannot meet demand in key growth areas.

 

View the full press release and commentary for the June Employment Monitor here.

Morgan McKinley's Irish Employment Monitor measures the pulse of the Irish professional jobs market by tracking the number of new job opportunities and professionals seeking new roles within the Republic of Ireland each month.

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Transformation Director
amcdonogh@morganmckinley.com