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Dublin: 9°C Friday 23 October 2020

No abundance of talent among Irish jobseekers, report finds

If employers want to attract good people, they need to start making them lucrative offers.

Image: Shutterstock

THERE IS AN ‘inaccurate perception’ that there is an abundance of talent in the Irish jobs market, a new report from recruiters Morgan McKinley has found.

The monthly employment monitor said that the shortage of top drawer recruits puts the focus on employers who must strive to appeal to the best and the brightest.

“As the appetite for specialist talent continues, hiring processes must become more efficient as companies are having to differentiate themselves from their competitors.”

“Companies who are currently seeking top talent need to develop clear career pathways and offer competitive rewards for candidates who receive multiple job offers.”

Minor drop in jobs

The employment monitor showed a small drop of 1% in job availability during May, with another decrease of 1% in the number new professional vacancies compared to the same month in 2013.

Meanwhile, there was an 11% jump in the number of professionals looking for new job opportunities when compared to April, but the number of job-seekers was still down by 9% compared to last year.

IT on the move

Morgan McKinley chief operations officer Karen O’Flaherty said that IT workers seemed to be the most mobile sector of the workforce at the moment, with many on the move after securing annual bonuses.

“However, supply remains challenging due to continued start-up opportunities, new projects spend and company expansions in the tech and software sectors.”

She said that tight supply was putting upward pressure on wages in the IT sector.

Read: Rise in professional job vacancies in April…after drops in February and March>

Read: Fewer professional positions on the jobs market last month>

About the author:

Jack Horgan-Jones

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