-
Marketing Jobs Market 2024: Navigating a Shifting Landscape
Marketing Jobs Market 2024: Navigating a Shifting Landscape
The Irish marketing job market in 2024 continues to be a dynamic landscape, presenting both challenges and exciting opportunities for professionals at all levels. While there have been some recent layoffs in multinational companies, the overall picture remains relatively positive, especially for specific segments.A Market in Transformation:The Irish economy is undergoing a period of adjustment, with multinational giants like Google and Meta experiencing workforce reductions. These changes have impacted the marketing job market, particularly entry-level roles. However, it's important to remember that these fluctuations primarily affect large corporations, and the broader picture remains encouraging.Opportunities Abound:The SME (small and medium-sized enterprise) market in Ireland remains vibrant, offering a wealth of opportunities for experienced marketing professionals. Roles like Brand Manager, Digital Marketing Manager, and Head of Marketing are in high demand within SMEs, especially for individuals with proven track records and a strategic mindset.The Digital Edge:As the world continues to embrace all things digital, the demand for skilled digital marketers remains robust. From SEO specialists and content creators to social media experts and data analysts, there are numerous opportunities available across various industries.Staying Ahead of the Curve:In this competitive environment, it's crucial for marketing professionals to continuously upskill and develop their expertise. By staying updated on the latest trends and technologies, such as marketing automation and artificial intelligence, individuals can significantly enhance their employability.Tips for Success:Stay updated with the latest trends and technologies in the marketing industry.Invest in continuous learning and upskilling to remain competitive.Network with industry professionals and attend marketing events and conferences.Showcase your creativity, analytical skills, and ability to drive results in your job applications and interviews.Consider pursuing certifications in areas such as digital marketing, data analytics, and AI to enhance your skill set.Sigmar Recruitment is here to help you take the next step in your marketing career. Contact us today to explore the exciting opportunities available in the Irish market.
-
Unlocking Opportunities: Life Science & Engineering Job Market Overview 2024
Unlocking Opportunities: Life Science & Engineering Job Market Overview 2024
Are you a professional seeking exciting opportunities in the thriving fields of Life Sciences and Engineering? As we step into 2024, the Life Science and Engineering sectors are buzzing with diverse opportunities and trends that could shape your career path.Life Science Sector in Ireland:Ireland's Life Science sector remains a beacon of innovation, covering pharmaceuticals, biotechnology, medical devices, and healthcare. The country hosts several multinational companies engaged in cutting-edge research, development, and manufacturing of pharmaceuticals and medical products.Dive into roles such as bioprocess technicians, quality control analysts, regulatory affairs specialists, clinical research associates, and production managers. The sector thrives on research, innovation, and compliance with stringent regulatory standards.Current Trends and Challenges:1. Sustainability and Green Engineering: Both Life Science and Engineering sectors emphasise sustainable practices, valuing professionals with expertise in environmentally friendly technologies.2. Healthcare Innovation: The intersection of Life Sciences and Engineering is creating new frontiers in healthcare innovation, with a focus on developing medical devices and technologies to enhance patient care.3. Regulatory Compliance: Navigating evolving regulatory standards, especially in pharmaceuticals and medical devices, remains a key challenge and a crucial skill in demand.4. Biopharmaceuticals: There's a particular emphasis on the production and development of biologics and biosimilars, driving demand for specialists in this niche.5. Health and Safety: Both sectors prioritize health and safety, making professionals with expertise in occupational health and safety essential for securing work environments.Skills in Demand:Life Sciences: Bioprocessing, regulatory affairs, quality control, clinical research, and expertise in biopharmaceuticals.Engineering Sector: Pioneering the FutureIreland's Engineering job market spans various disciplines, including mechanical, electrical, chemical, and environmental engineering. Manufacturing, energy, and environmental sustainability contribute to the demand for engineering professionals.Explore roles like manufacturing engineers, process engineers, environmental engineers, and maintenance engineers. The sector is increasingly focused on sustainable engineering practices.Current Trends and Challenges:1. Sustainability and Green Engineering: A growing emphasis on sustainable practices, especially in industries beyond construction.2. Health and Safety: Continued prioritization of health and safety, particularly in manufacturing environments.Skills in Demand:Engineering: Depending on the field, skills may include project management, environmental impact assessment, manufacturing process optimization, and expertise in sustainable engineering practices.Salary Insights: Rewarding Your ExpertiseSalaries in the life science and engineering sectors in Ireland are often competitive, reflecting the importance of these industries to the country's economy. Salaries can vary based on factors such as experience, education, and the specific sub-sector or discipline. Professionals in roles such as research and development, regulatory affairs, quality control, and bioprocessing may command competitive salaries. Senior positions and roles requiring specialized expertise, such as in biopharmaceuticals, may attract higher compensation. Salaries for roles in health and safety, project management, and sustainable engineering practices can also be competitive. Salaries are expected to increase by around 3% to keep pace with inflation. However, highly sought-after professionals may witness salary rises of up to 10 to 15%.The Rise of Remote Work: A Paradigm ShiftCompanies have tightened up on remote working but still offer some flexibility where possible. Some companies have returned to fully on-site models but are struggling to attract and retain talent on that basis. 90% of candidates expect the option to work from home at least 1-2 days a week (unless the particular position does not allow for that) and if the same position presented itself but one was fully on-site, the candidate would choose to apply for the company offering the hybrid approach.Contractor OpportunitiesDue to economic uncertainty, we've seen an increase in demand for contractors in 2023 and this trend is set to continue into 2024 as employers prefer the flexibility of a contingent workforce. Skill gaps and demand for talent are important factors in the increase in demand also with companies looking to contractors to fill gaps in their teams in tandem with permanent positions - another trend we foresee continuing throughout 2024.It is no longer just large organisations leaning on contractors. SMEs are also now tapping into the contractor talent pool as a way of supplementing their workforce- especially now that permanent salaries are catching up with contractor hourly rates due to market inflation.In terms of skills, we foresee an increase in demand of contract roles across QA/QC, Regulatory Affairs, Validation, Automation & Control, Commissioning & Decommissioning and Manufacturing. Contractors are brought in to address specific manufacturing challenges, improve efficiency, implement new processes, ensure processes meet industry standards, assess, and improve quality systems, conduct audits or to assist with compliance and navigate regulatory processes.As a result of the increase in demand, contract rates have been on the rise and will continue to increase in 2024. It is now common practice for a contractor to ask and receive rate increases when their contracts are up for renewal. Recruitment and retention therefore remain high priorities for companies using contractors.With organisations now comfortable with remote work arrangements, the market has opened up to all areas of Ireland and further afield. A big trend is seeing Contractors based in the regions now being able to work for the large organisations in the cities and even in other countries. Therefore, rates in the regional areas of Ireland are now catching up with those of the main cities.The Life Science and Engineering job markets in 2024 present abundant opportunities for skilled scientists, engineers, and specialists. For help with your job search contact technical@sigmar.ie.
-
Mastering the New HR: Strategies for 2024
Mastering the New HR: Strategies for 2024
As we step into 2024, the HR market is poised for an interesting year. While there are still some lingering effects from the pandemic, there are also signs of positive growth and development. Here's an overview of the HR market in 2024, including insights into trends, opportunities, and strategies for success.Key Takeaways from 2023Reduced Churn in Senior Positions: Organisations are prioritizing retention of top talent, especially in senior roles, to ensure stability and continuity.Contract Opportunities on the Rise: Uncertainty and the availability of candidates drive a strong demand for contract positions. Contract-to-permanent transitions remain prevalent.Mid-Level Roles in Demand: Mid-level HR roles, particularly HR Business Partners and Senior Generalists, are highly sought-after.Specialised Positions Remain in Demand: Learning and Development (L&D), Employee Relations, and HR Information Systems (HRIS) Specialists continue to be in high demand.Hybrid Work Remains the Norm: Hybrid work arrangements with anchor days are prevalent, balancing flexibility with team cohesion.Incremental Salary Increases: Salaries in Generalist functions witness modest increases, albeit below inflation.Video Technology Integration: Video-based interviews gain traction, expediting hiring processes and enabling seamless international collaboration.Increased Retained Search Projects: A 30% rise in retained recruitment projects in senior and specialized HR roles enhances candidate experience.Predictions for 2024Strong Contract Opportunities: Contract roles remain attractive due to reduced churn and candidate availability. Contract opportunities provide a springboard for diversifying experience or gaining new industry exposure.Focus on Employee Experience: Candidates with strong experience in employee experience will be highly sought-after.Emerging Role of Technology: Technology, including AI-driven tools, continues to transform HR practices. Data-driven decision-making drives the demand for HR Analysts.Demand for Employee Relations Expertise: Employee relations skills remain in high demand, as organizations prioritize positive employee interactions.Growth in Specific Industries: Energy sectors, infrastructure, manufacturing, and financial services are expected to see increased HR demand. Whereas IT demand has levelled off.Direct Hiring of Entry-Level Roles: Organisations will continue to directly hire entry-level HR professionals.Trend Towards Exclusivity and Retainerships: The positive response to retained search projects will drive a further increase in exclusivity and retainerships in 2024.Strategies for HR Professionals in 2024Develop Skills in Employee Experience: Emphasize your understanding of employee engagement, culture, and feedback mechanisms.Stay Ahead of Technology Trends: Familiarize yourself with emerging AI-powered HR solutions to enhance your value proposition.Build Strength in Employee Relations: Cultivate expertise in conflict resolution, mediation, and building positive employee relationships.Network and Build Relationships: Expand your professional network within your desired industries to stay informed about opportunities and build connections.Demonstrate Adaptability and Versatility: Be open to different work arrangements, including contracts and direct hires.Seek Expertise in Specialised Areas: Consider specialising in areas like Learning and Development (L&D), HR Information Systems (HRIS), or Employee Relations to gain a competitive edge.As the HR market continues to evolve, staying informed, adapting to new trends, and developing specialized skills will set you apart and enhance your career prospects. With careful planning and proactive action, you can navigate the HR landscape effectively and achieve your professional goals in 2024.
-
Future-Proofing Your Career: In-Demand Skills & Salary Trends in the Irish Financial Sector
Future-Proofing Your Career: In-Demand Skills & Salary Trends in the Irish Financial Sector
The financial services sector in Ireland has seen a mixed picture in 2023. While overall employment growth had slowed compared to 2022, there have been pockets of strong demand for certain skills and roles.Key TrendsSkills Shortage: There is a shortage of skilled talent across the market, particularly at the supervisor, assistant manager, and manager levels. This has led to companies moving quickly to secure top talent and has increased the prevalence of counteroffers.Central Bank Guidelines: The Central Bank's new guidelines have increased demand for candidates with experience in compliance and risk. There is a particular demand for candidates at a more senior level in PCF-approved positions.Sought-After Talent: The most sought-after talent in 2023 has been in the following areas:Private equityDepositaryCompliance & riskPension administratorsFinancial advisorsSustainability/ESGInsurance Market Growth: The insurance market has continued to grow in 2023, with a number of institutions setting up new functions or growing existing ones in Ireland. This has led to a high demand for candidates in areas such as claims, commercial account executives, underwriting, and loss adjusting.Legal Market Strength: The legal industry remains strong, with a demand for skilled legal professionals across a range of sectors. The most in-demand legal roles include legal counsel, corporate lawyers, company secretaries, funds lawyers, and DPOs.Salary TrendsIncreasing Salaries: The increase in demand for candidates and the shortage of skills have led to rising salaries across the financial services sector. Counteroffers are also becoming more common as companies compete to retain their staff.Faster Hiring Processes: The time it takes to hire a qualified candidate has shortened as candidates have more opportunities available to them. Companies that can move quickly through the hiring process are more likely to secure top talent.Shift Back to In-Person Interviews: There has been a shift back to in-person interviews, which can provide a better candidate experience and increase buy-in from candidates.Advice for JobseekersStay up-to-date on the latest skills and trends: The financial services sector is constantly evolving, so it is important for jobseekers to stay up-to-date on the latest skills and trends. This can be done by attending industry events, reading industry publications, and taking online courses.Network with people in the industry: Networking is essential for jobseekers in the financial services sector. Attend industry events, join professional organizations, and connect with people on LinkedIn.Be prepared to negotiate your salary: With the increase in demand for candidates, jobseekers are in a stronger position to negotiate their salaries. Be prepared to do your research and understand your worth in the market.
-
Sales Smarts: Navigating the 2024 Sales Landscape and Unlocking New Opportunities
Sales Smarts: Navigating the 2024 Sales Landscape and Unlocking New Opportunities
The sales jobs market in 2023 was a dynamic and evolving landscape, with both challenges and opportunities for candidates and employers. Here's a comprehensive overview of the key trends shaping the market for 2024: Challenges and Opportunities in Tech SalesThe tech industry, known for its dynamism, has witnessed a surge in layoffs, impacting the availability of opportunities for aspiring sales professionals. From junior to senior roles, the landscape has become more competitive. Employers now face the challenge of attracting candidates who are already employed, necessitating a compelling message that emphasizes aspects such as packages, location, or the unique products or services offered.Flexibility has become a non-negotiable factor in attracting top-tier talent. Companies that offer no flexibility in terms of work location are falling behind, with candidates increasingly expecting hybrid work options.The significance of effective onboarding and aftercare cannot be overstated. In a highly competitive environment, candidates often receive multiple job offers, emphasizing the need for companies to stand out in the recruitment process.Moreover, a noticeable trend is the transition of candidates out of the tech space due to reduced job opportunities and industry-wide uncertainty. Areas of Demand in 2023- Hunter or Business Development Candidates: Companies are actively seeking individuals capable of winning new customers or bringing back lost ones.- Account Managers with Relationship Management Skills: The flip side sees a demand for account managers with strong relationship management skillsets.- Degree-Educated Candidates: Degrees in engineering, science, and construction are highly prized for sales positions where specialized knowledge can be applied.- Industrial and Manufacturing Solutions: Companies selling solutions in industrial and manufacturing environments are experiencing the strongest growth in the Irish market for sales professionals.- Field-Based Representatives: Despite a continued demand for field-based representatives, there's a shortage of junior candidates pursuing this career path.- Language Proficiency: Sales representatives with proficiency in languages like German, Dutch, or French remain in high demand, especially for multinational tech companies. Salaries and Competitive PackagesIn a tight talent market, candidates have the upper hand, prompting employers to offer competitive compensation, robust benefits, and appealing perks. Salaries have seen a significant uptick, and benefits packages are becoming more comprehensive, including healthcare, pensions, and bonuses. Employers face the challenge of counteroffers when targeting highly skilled candidates. Maintaining a competitive edge requires a focus on a positive candidate interview experience and a clear path for career progression.Company cars are still a valuable perk, but questions around the type of car, mileage, and BIK (Benefit in Kind) payments need careful consideration in light of evolving legislation. The rise of electric cars presents both opportunities and challenges, with candidates weighing the benefits against charging infrastructure limitations. Demand for Remote WorkThe demand for hybrid work options has become a key factor in attracting candidates. Employers offering no flexibility on the working environment may encounter significant challenges in recruitment. Commute length plays a pivotal role in a candidate's decision-making process, influencing choices particularly in areas with poor public transport links.While the demand for fully remote roles has decreased, the desire for flexibility and a blend of office and remote work persists. Team collaboration, social connections, and learning opportunities in an office setting remain important to candidates. In summary, the Sales Jobs Market in 2024 will be marked by challenges and opportunities. Navigating these dynamics requires both employers and candidates to adapt to changing preferences and embrace a flexible approach to work arrangements. At Sigmar, we are committed to connecting the right talent with the right opportunities, contact sales@sigmar.ie for all your sales jobs needs.
-
Accountancy Jobs Market 2024: A Thriving Landscape for Qualified Professionals
Accountancy Jobs Market 2024: A Thriving Landscape for Qualified Professionals
The accountancy industry has consistently demonstrated its resilience and adaptability in the face of economic challenges, and 2023 was no exception. Despite global economic uncertainties, the demand for qualified accountants remained strong, with a persistent shortage of candidates fuelling competitive hiring practices and salary growth.High Demand for TalentAcross all core areas of accountancy, from audit and tax to financial reporting and management consulting, there was a palpable demand for skilled professionals. This pervasive demand extended beyond traditional industries, with the IT sector emerging as a significant driver of hiring activity. Big Tech companies, though less aggressive in their recruitment compared to previous years, continued to expand their financial teams, and smaller tech firms within the AI and other tech sectors were also actively seeking accountants.Salary Inflation and Permanent OpportunitiesThe tight labour market translated into significant salary increases for accountants. Most jobs experienced a 5-7.5% boost in compensation throughout 2023, and this trend is expected to continue into 2024. The heightened demand for permanent staff has put candidates in a strong bargaining position, enabling them to negotiate favourable compensation packages and seek out opportunities that align with their career goals.Embracing Remote WorkThe accountancy profession is well-suited for remote work arrangements, and the industry has embraced this flexibility with open arms. Approximately 90% of the accountancy jobs Sigmar have recruited for offer some form of hybrid working, allowing professionals to maintain a healthy work-life balance and expand their geographic options.Temporary Market ResilienceWhile the first half of 2023 saw a slowdown in the number of temporary and contract positions, the second half witnessed a notable rebound. Multinational corporations (MNCs) in the tech/software/pharma sectors were particularly active in hiring contractors, boding well for the temporary market in 2024.Salary Premium for ContractorsContract roles continue to offer a substantial salary premium compared to permanent positions, often 10-20% higher. This premium is attributed to the flexibility and reduced overhead costs associated with contractor engagements.Hybrid Working Preferred by Both PartiesCompanies seeking to hire contractors often prioritize those willing to embrace a hybrid work arrangement, typically a 3/2 split between remote and office-based work. This flexibility is appealing to both employers and contractors, as it allows for better focus, productivity, and work-life balance.In summary, the accountancy jobs market in 2023 was characterized by strong demand, salary growth, and a growing preference for remote work. With the temporary market rebounding and contractors commanding a significant salary premium, the outlook for qualified accountants remains exceptionally positive. As the industry continues to evolve and adapt to technological advancements, accountants who possess strong technical skills and a commitment to continuous learning will be well-positioned to thrive in this dynamic and rewarding field.
-
Navigating the Construction Job Market: A Comprehensive Guide for Job Seekers
Navigating the Construction Job Market: A Comprehensive Guide for Job Seekers
The construction industry is a dynamic and ever-evolving field, offering a diverse range of career opportunities for individuals with a variety of skills and interests. Whether you're a seasoned professional or a recent graduate, there are numerous paths to success in this rewarding sector.Understanding the Construction LandscapeBefore embarking on your construction job search, it's crucial to gain a comprehensive understanding of the industry's landscape. Familiarise yourself with the different types of construction projects, from residential and commercial buildings to infrastructure projects and heavy engineering works. Research the major construction companies and organisations operating in your area, as well as the various trade unions and associations that represent construction workers.Identifying Your NicheThe construction industry encompasses a wide spectrum of roles and specialisations, catering to individuals with diverse skill sets and career aspirations. Consider your strengths, interests, and experience to identify a niche that aligns with your preferences. Do you thrive in fast-paced environments, working with your hands? Or are you drawn to the analytical side of construction, overseeing project management and planning?Developing Your Skills and ExpertiseWhether you're a seasoned professional or a newcomer to the industry, continuous learning and skill development are essential for career advancement in construction. Enrol in relevant training courses, workshops, and apprenticeships to enhance your technical skills and knowledge of industry standards and safety regulations. Consider pursuing certifications that demonstrate your expertise and commitment to professional development. While technical skills are crucial, soft skills like communication and teamwork are also increasingly valued. Enhance these skills to gain a competitive edge.Networking and Building ConnectionsNetworking is paramount in the construction industry, as it opens doors to new opportunities and allows you to gain valuable insights from experienced professionals. Attend industry events, conferences, and job fairs to connect with potential employers and fellow construction workers. Engage with industry groups and online forums to expand your network and stay updated on the latest trends and developments.Freelance and Contract Work Landscape:The gig economy has reached the construction industry. Freelance and contract work offer flexibility but lack the security of full-time employment. Understand the pros and cons before making decisions.Crafting a Compelling CV and Cover LetterYour resume and cover letter serve as your first impression, so make them count! Tailor your resume to each job application, highlighting relevant skills, experience, and certifications that align with the specific requirements of the position. Craft a compelling cover letter that showcases your passion for construction, your ability to contribute to the company's goals, and your eagerness to learn and grow.Preparing for InterviewsThe construction industry's interview process can be rigorous. Prepare thoroughly, conduct research, and be ready for practical assessments. Interviews often involve discussions of technical skills, project experience, and safety protocols. Be prepared to answer questions about your knowledge of specific construction methods, tools, and equipment. Practice common interview questions and rehearse your responses to project-related scenarios. Demonstrate your enthusiasm and your ability to work effectively in a team environment.Embracing Continuous Learning and GrowthThe construction industry is constantly evolving, with new technologies and techniques emerging at a rapid pace. Embrace a mindset of continuous learning and stay abreast of industry trends and advancements. Attend training courses, workshops, and seminars to expand your knowledge and skillset. Actively seek mentorship from experienced professionals in your field, and don't hesitate to ask questions and seek guidance. For example, with a focus on sustainability this year, there's a growing demand for professionals in green construction. Certifications like LEED can enhance your marketability.Diversity and Inclusion in Construction:Although traditionally male-dominated, the industry is shifting towards diversity and inclusion. Several organisations and government policies in Ireland are working towards promoting diversity and inclusion in the construction sector, including the Construction Industry Federation and the Department for Business, Energy, and Industrial Strategy's (BEIS) Construction Industry Diversity Strategy.Additional Tips for Success in the Construction Job Market· Highlight your safety awareness. Safety is paramount in the construction industry. Emphasize your understanding of safety protocols and your commitment to working in a safe and responsible manner.· Demonstrate your problem-solving skills. Construction often presents unexpected challenges and requires quick thinking and adaptability. Showcase your ability to analyse situations, identify solutions, and implement effective solutions.· Emphasise your teamwork skills. Collaboration is essential for success in the construction industry. Highlight your ability to work effectively with others, communicate clearly, and contribute to a positive and productive team environment.· Stay up to date with industry regulations. Construction projects are subject to a variety of regulations and standards. Stay informed about relevant regulations and demonstrate your commitment to adhering to industry-wide standards. Recommended Online Courses for Career Progression:1. QA Level 5 Diploma in Construction Project Management - This online course will help you gain an in-depth understanding of construction project management principles, techniques, and tools.2. Code 360 Online Building and Construction Technology Course - This online course covers a range of topics such as building design and analysis, construction systems and technologies, and sustainable building practices.3. Online CE CPD course for Engineers - This course will help you keep up to date with the latest developments in the engineering industry, including new codes, standards, and technologies.The construction job market is complex, influenced by economic conditions, technology, and social trends. Proactive steps, including upskilling, networking, and leveraging industry resources, improve your chances of success. Despite the challenges, with the right strategy, you can build a fulfilling career in construction.Best of luck with your construction job search! If you'd like to discuss a new role, or just need advice on your journey please feel free to contact our experienced construction recruitment team at construction@sigmar.ie or call 014744600 for a confidential discussion.
-
IT Jobs Market 2024: Capitalising on Ireland's Thriving Tech Landscape
IT Jobs Market 2024: Capitalising on Ireland's Thriving Tech Landscape
Ireland's IT job market in 2024 is a dynamic landscape, reflecting the country's status as a global tech hub. With over 106,000 people employed in the Information and Communication Technology (ICT) industry, Ireland boasts a robust ecosystem hosting 16 of the top 20 global tech companies, including the top 3 enterprise software providers with their headquarters located here.Investment and Employment Trends:The momentum in Ireland's IT sector continues to surge, with 139 investments secured in the first half of 2023. These investments are expected to generate over 12,000 jobs in 2024, aligning with the consistent strong investment flows seen since 2015. Notably, 48% of these investments have been approved for regional locations, showcasing a commitment to spreading the benefits of the tech boom across the country.Innovation and Talent Pipeline:Ireland's commitment to Research, Development, and Innovation (RD&I) is evident in the 25 projects initiated in 2023, surpassing the previous year's achievements. The focus on sustainability projects and transformative investments reflects a shift in client priorities. Ireland maintains one of Europe's strongest talent pipelines for STEM, aided by extensive government support and investment in skills programs.Areas of Skill Demand:Persistent skills shortages persist due to intense competition, creating challenges for employers. Key areas of demand include software engineering (DevOps, Java, Python, .NET, React, and Angular Js), Site Reliability Engineers, DevSecOps, Information Security, Cloud Engineers, Business Analysts, Project/Program Managers, Quality Assurance (QA) professionals, and roles in Data Engineering and Data Science. The move toward automated processes also fuels demand for Software Development Engineers in Test (SDET) and Robotic Process Automation (RPA) roles.Executive-Level Positions:Ireland's substantial talent pool extends to executive-level positions, with high demand for Software Engineering Managers to Chief Technology Officers (CTOs). The influx of Foreign Direct Investment (FDI) entrants sustains this demand.Salaries and Competitive Packages:In a competitive talent market, salaries have increased but stabilized. Companies are enhancing benefits packages, with a significant focus on healthcare, pensions, and bonuses. The use of sign-on bonuses has emerged as a strategy to attract and retain top talent, reflecting the ongoing battle for skilled professionals. Employers are increasingly mindful of individualized employee experiences in areas such as collaboration, cultural equity, and employee well-being.Demand for Remote Work:The IT job market reflects a new era of flexible working arrangements, with companies prioritizing employee well-being and satisfaction. The term "hybrid" has given way to a more adaptable approach, responding to the needs and preferences of both employers and employees. Companies are recognizing the importance of flexibility in recruitment and retention strategies.Contractors in High Demand:Contract roles in Cloud, Data, and Software Development are experiencing increased demand, with both large organisations and SMEs tapping into the contractor talent pool. Permanent salaries now rival contractor daily rates due to market inflation, prompting businesses to use contractors to supplement their workforce. Outsourced IT functions are on the rise, particularly for commercially focused IT positions and infrastructure support. The acceptance of remote work arrangements has further opened up opportunities for contractors across different regions in Ireland.As Ireland's IT job market evolves in 2024, the key to success for both employers and employees lies in adaptability. The continued influx of investments, focus on innovation, and the demand for diverse skill sets position Ireland as a vibrant hub for technology professionals. Employers must navigate the competitive landscape by offering attractive packages and prioritizing employee experiences, while professionals can explore a wealth of opportunities in a market that values flexibility, innovation, and expertise.
-
Salary Guide 2024
Salary Guide 2024