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THREE IN FIVE CONSIDERING JOB CHANGE IN 2015 AS ECONOMY IMPROVES

UKSG2015-mockup1_182x182.jpgThree in five Irish employees anticipate they will change jobs in the next year as a recovering economy shifts in their favour, according to a new survey by Hays, Ireland’s leading specialist recruitment company.

·         Over three-quarters (76%) of employers plan to increase headcount in 2015

·         Almost three in five (58%) of employees plan to move jobs in the next year

·         Employees now seek “work-life package”, that emphasises time away from office over job security and working environment

·         Employers with less appealing job perks risk being overlooked in increasingly competitive market

 Download a copy of the Hays Ireland Salary & Recruiting Trends 2015

Most are driven by concern over pay in their existing job, a perceived lack of opportunities or career progression, and a lack of challenge. Against the backdrop of an existing talent gap, this has the potential to create an employment crisis for some sectors.

The results of the survey were officially revealed this morning at an event hosted by Hays at the National Concert Hall in Dublin.  The new report, Hays Salary and Recruiting Trends 2015, polled over 2,900 employers and employees in Ireland, gathering insights into industry salaries, recruitment figures, and employer and employee perceptions.

According to the guide, recruitment is very much on the agenda. 71% of employers have increased their headcount in the last year, while 76% plan to in 2015. In the construction sector, which was particularly affected by recession, 81% of businesses increased their employee numbers.

To address the talent gap, 62% of employers said they had skills programmes available for staff, while 35% had hired interns. 30% said they redeployed existing employees within their business providing they have transferable skillsets. Only 17% of employers looked overseas for talent, despite 57% experiencing an ongoing skills shortage.

When hiring new staff, employers perceived job security as the most important part of a job offering. For employees, this ranked only fourth in terms of importance, well behind salary, career development and work-life balance.  

In 2015, over half (54%) of employees expect a pay rise and 48% expect a bonus. Only 25% of those surveyed said they expected a promotion.

Richard Eardley, Managing Director of Hays Ireland, said that in an increasingly competitive employment market spurred on by economic growth, businesses must consider emphasising the overall “work-life package” over traditional benefits in order to entice candidates.

 “Ireland’s recovering economy has created multiple opportunities for candidates. The increased availability of jobs means employees now demand more than just a decent working environment and private health insurance from employers. Now, employees are increasingly prioritising jobs with perks that cater to a better work-life balance, like additional holiday days, in addition to an attractive salary".

 “Moving into 2015, employers need to be conscious of the changing demands of employees, particularly as the Millennials and Generation Z mature. Employers that respond to these create a happier, more dedicated workforce, and will reap the benefits of improved productivity,” said Mr Eardley.

Download a copy of the Hays Ireland Salary & Recruiting Trends 2015

For further press information please contact:

Una Mulhall

pr360

T: +353 (0) 1 637 1777

M: +353 (0) 87 144 1980

 

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About Hays Ireland Salary and Recruiting Trends 2015

This guide has been compiled using data gathered from our offices across Ireland. The salary data is based on job listings, job offers and candidate registrations. The findings of our benefits survey are based on responses from over 2,900 employers and employees from organisations of all sizes throughout Ireland. 

About Hays

Hays plc (the "Group") is a leading global professional recruiting group. The Group is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The Group operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments. As at 30 June 2014 the Group employed 8,237 staff operating from 237 offices in 33 countries across 20 specialisms. For the year ended 30 June 2014:

 

-       the Group reported net fees of £724.9 million and operating profit (pre-exceptional items) of £140.3 million;

-       the Group placed around 57,000 candidates into permanent jobs and around 212,000 people into temporary assignments;

-       24% of Group net fees were generated in Asia Pacific, 42% in Continental Europe & RoW (CERoW) and 34% in the United Kingdom & Ireland;

-       the temporary placement business represented 59% of net fees and the permanent placement business represented 41% of net fees;

 

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