In Cork, multinationals continued to provide the highest volume of new professional opportunities throughout 2010, with the strongest recruitment demand coming from the IT and shared services sectors. Following a challenging first half of the year, the financial services and SME sectors showed some signs of a recovery in H2, which is hopefully the start of a long awaited revival.
Temporary and contract positions continue to be a very important part of the employment mix; a positive indicator as companies hire to cover holiday, sick and maternity leave in particular.
In 2010, there was a significant increase in demand for multilingual candidates, who were highly sought after in the finance, customer service and inside sales arenas.
Cork continues to attract new start-up operations such as Otterbox and Acadia. Several companies expanded their Cork operations in 2010, including Eli Lilly, Apple, VMware, Pepsi and EMC – which is reflective of the strong talent pool of well qualified and experienced candidates.
Morgan McKinley is forecasting a strong growth market in 2011, as each desk within our business – Finance, IT, Technical, Office Support / Multilingual – are all planning recruitment activities.