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Adjusting To The Times Of A Changing Market

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A recurring feature of recruiters’ conversations with middle office, investment banking and asset management candidates is a discussion about shift work. Candidates are increasingly being asked to work outside of the normal working hours of 9am-5pm. Low corporation tax rates and the quality of the labour market in Ireland have incentivised companies to establish service centres in Dublin but companies tend to retain the need and desire to service their clients during the waking hours that are most convenient for and useful to them.

 

2pm-10pm or 12pm-9pm shifts have thus been designed to cover the peak operating hours of the U.S. market. 10am-6.30pm covers the Asian markets. These hours present a natural challenge to those with small children, extracurricular commitments or those with a fear that these hours might critically impair the quality of their social life.

 

Some shifts come with the caveat of being temporary but most are permanent as companies, especially those with newly created or expanding functions, attempt to structure the business around accepted teams. This is perhaps the crux of the matter in an Irish context, as candidates have grown accustomed to late shifts being only for a brief, designated period of time or on a rolling basis. The idea that one might be asked to work until 9pm for the foreseeable future could justifiably be daunting.

 

Medical professionals and those in the emergency services are required to work ‘nights’ on a periodic basis; this is tolerated under the understanding that it is intermittent or that it’s a necessary characteristic of their job. Likewise, if a candidate is interested in working within asset management, with the range of products, activities and corporate clients it offers, it then seems logical they would accommodate a feature that is becoming more important to its operation.

 

Shift work also comes with its perks

 

Shift Allowances

Working unsociable hours can bring financial perks like bonuses with them. This shift allowance ranges from 10-25% and as such companies make an effort to compensate candidates for working irregular hours.

 

Lack of traffic on the commute

Working distinct hours that only a small percentage of the population partake in means less of the daily stresses like traffic and queues making everything a lot more enjoyable.

 

Less overtime

Having a quiet working environment with less disruptions than daytime counterparts means getting the job done on time. This, in turn, leads to less need for overtime.

 

Autonomy

Working evening shifts sometime means working with less supervision giving people more independence to do their job the way that they choose to do it. This leads to more responsibility in a position and ownership of projects. Although this is not the case in all roles autonomy can be a perk for some.

 

Flexibility at Home

If workers have children at home shift work can eliminate the need for childcare expenses. Having free time during the day can also help when doing normal day to day things like banking and shopping.

Posted by Recruitment Consultant, Sigmar on 30 November 2017

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Sigmar Announces “COVID Ready” Learning Partnership with Alison to Upskill Newly Unemployed

Sigmar Announces “COVID Ready” Learning Partnership with Alison to Upskill Newly Unemployed

Sigmar Recruitment and Alison today announce a COVID ready learning partnership as part of the emergency jobs initiative www.covidresponsejobs.com. The initiative is an online platform set up by Sigmar Recruitment to help connect the displaced workforce with current frontline job opportunities, and to upskill the restricted workforce to enhance career prospects and enable a faster economic recovery. Alison, one of the largest learning websites worldwide, is now offering access to all of its courses free and unencumbered through www.covidresponsejobs.com. The learning content being offered through the platform has been hand curated to reflect in-demand, recession-proof skills across an array of business and IT disciplines, including; data science project management customer service accounting web development computer networking e-commerce The core learning has been paired with lifestyle courses covering mental health, stress management and practical content on parenting while working from home for example aimed to support those working remote throughout the crisis period and beyond. The learning pathways have also been designed with jobseekers in mind with content on public speaking, job hunting, personal development supported by jobseeker advice on how to compete in the current marketplace, including tips on video interviewing, digital collaboration, remote onboarding and much more. Commenting on the partnership, founder of the initiative and Sigmar CCO Robert Mac Giolla Phádraig says: “As one of the world’s largest free learning platforms, Alison presents an excellent opportunity for newly unemployed in Ireland to upskill. The learning content has been COVID curated for maximum impact encompassing business skills, IT skills, mental health and personal development. We also aim to support the restricted workforce by providing upskilling opportunities during the downtime, to better equip our workforce to rebound from the crisis in the medium term.” Speaking at the announcement, Alison Founder & CEO, Mike Feerick stated that the gesture is one Alison is happy to make. “While being a global learning business, most of our team live and work in Ireland and know personally people whose employment has been jeopardised by the coronavirus pandemic crisis. Alison has over 1,500 free certificate and diploma courses, in subjects from project management, languages, IT, to health & safety, elderly caregiving, MS Excel and free courses on GDPR. “If you have been laid off, it is an opportunity to build up and strengthen your workplace skills to enhance your chances for employment in the months and years ahead. We are delighted to partner with Sigmar on the COVID Jobs Initiative.” www.covidresponsejobs.com is a for purpose “Team Ireland” initiative created by Sigmar Recruitment, supported by Alison, Candidate Manager, The Irish Times and Communicorp, established to mobilise the Irish Workforce.