Connecting...

sigmar salary guide

How Salary Guides Can Help Human Resource Professionals

sigmar salary guide

A salary guide is great for candidates to benchmark their current position in the marketplace but it can also be great for employers and hiring managers when recruiting for open positions in their business.

 

Four reasons for this include:

 

Salary Guidelines

Our consultants recruit for numerous roles throughout the year in vastly different industries and areas across Ireland. We use their experiences to pull together realistic salary guideline to help candidates and clients manage their expectations. These figures can be used by clients to help them understand their industry and competitors which will result in hiring valuable employees whose earnings equal the cost of their labour.

 

Identify Trends That Can Effect A Person’s Application

For changing industries like IT and the digital sphere where different skills and languages are constantly coming online there is the requirement to understand what is valuable to positions that you are looking to recruit for. Salary guides are great because consultants provide commentary on each industry offering an overview of the marketplace for the reader which will help them when hiring for new positions.

 

Benchmark Against Previous Years

No two years are the same and it is the same for salaries and trends. For new companies, or companies entering new territory, salary surveys can be of vital importance when making decisions and preparing hiring and budget processes. Your talent is the most important element of your company so getting this right is your most critical action.

 

It Can Help With Salary Negotiations

Knowing the value of a new hire is very important but at some stage an existing employee will come to you asking for a raise and salary guides can help you understand the market value of the skills and abilities that your talent possesses, as well as underlining what added value employees can gain through upskilling into new and improving areas of their trade.

 

Posted by Fiona Joyce, Recruitment Consultant Office on 7 December 2017

Related Content

W1siziisijiwmjevmdcvmdyvmdgvmdyvmjgvytvjmwvmntctywnmoc00m2i3lthkmdetmguxyza2njy4y2vjl0pvyibby3rpdml0etauanbnil0swyjwiiwidgh1bwiilci0mdb4mjywiyjdxq

Irish jobs market reaches 20-year high, as office re-entry drives unprecedented levels of recruitment activity

Irish jobs market reaches 20-year high, as office re-entry drives unprecedented levels of recruitment activity

Sigmar Recruitment today reports a record high number of job placements over April, May, and June 2021. The number of placements during this period is higher than any other quarter in the recruitment company’s 20-year history. Current figures are up 6% on the previous record set in 2019 before the pandemic. As one of the largest recruiters in Ireland, Sigmar has offices across the country and is present in all professional sectors. The first half of the year saw strong, consistent growth with job placements breaking all records in the month of May, with June accounting for the second-highest month ever. Commenting on the rebound of the labour market, Sigmar founding Director, Robert Mac Giolla Phádraig says: “The jobs market in Ireland has never been stronger or more buoyant than it currently is. We’re seeing several macro trends converge all at once, which is creating significant churn in the market. Remote working has literally opened up a world of new opportunities no longer bound by location. This is coupled with a rising tide of consumer confidence, as many professionals find themselves in a stronger financial position than before the pandemic. “The last 18 months has asked big questions of us all, and the humdrum of lockdown has created a desire for change which is now resulting in unprecedented numbers of people moving jobs. Employee loyalty is increasingly under question, with remote work being less enjoyable, many workers are now committed to the experience of work over the employer, adding further to the current levels of churn.” IT accounted for one-third of all job placements throughout the quarter, followed in order by Financial Services, Sales & Marketing, Accountancy, Life Science & Manufacturing, Office Support, Public Sector, Construction, Professional Services. Business confidence has also grown steadily over the course of the year, as vaccination gathered momentum. The “low-touch economy” is booming is sectors such as e-commerce, digital, and logistics. Says Mac Giolla Phádraig: “The resurgence of permanent recruitment is somewhat unique to how we’ve rebounded from previous downturns, where we typically saw flexible work return quicker.” Although the vast majority of job placement in Q2 were understandably remote, Sigmar reports that the tide is beginning to change with the majority of employers now committing to hybrid work over the coming three months. Mac Giolla Phádraig advises: “As we now choose our workplaces, at a time when the power dynamic has shifted to the employee, employers need to ensure adequate work practices to reconnect the workforce with the workplace equitably. There is an inherent risk that new workforce inequities may emerge, such as “proximity bias”, where those closest to the centre of influence get greater recognition and therefore promotion opportunities as opposed to remote workers. When it comes to individual contribution the opposite could be argued that remote workers get the benefit of having less in-office distractions and their output is therefore greater.” Mac Giolla Phádraig likens remote work to long-distance relationships, which in many cases don’t work out. “We’ve gone from “living” with our employees in an office environment to long-distance relationships, which often sees commitment recede over time. The context of location also opens up new experiences and possibilities, which are now being explored on a scale never before seen.” He adds, “if we thought the war for talent was tough, just wait for the battle of attrition. It’s now emerging as the number one challenge for businesses across the globe.”