Half year Recruitment Market Updates 2018

As the half year point passes, we look at the latest trends in the market, hiring activity and expected outlook for the remainder of the year in Accounting & Finance, Banking & Financial Services, Compliance, Engineering, Procurement & Supply Chain, Legal, Funds, InfoSec, Cyber Security & IT Risk, and Secretarial & Office Support sectors.

Throughout the first half of 2018, we have seen an increase in recruitment activity, a high demand for candidates across multiple specialisms, the prevalence of the counter offer, and HR professionals setting their priorities on staff attraction and retention.

With the decision of the UK to leave the European Union, Ireland has been the choice location for a number of institutions wanting to set-up offices in a English speaking European country. As a result, we have seen an extremely high demand for regulatory professionals across risk, compliance, legal and finance sectors, all who will be instrumental in the initial start-up phases in Ireland. This, coupled with a steady level of growth across both financial services and certain commercial sectors, has dominated the majority of recruitment processes in the market for the first half of the year.

We expect the remainder of 2018 to continue in a similar vein, with increasingly streamlined recruitment processes to reduce time-to-hire, greater focus on employer branding, staff attraction methodologies and cultural shifts on traditional benefits packages to include remote working and flexible working hours.

Article Published: 30/07/2018