2016 was an exceptionally interesting year, with economic activity increasing and then coming under threat from the impending Brexit. That being said, there seems to be no ceasing in companies and firms in Ireland growing their legal divisions. There has been a lot of conflicting commentary over the timing and potential impact of Brexit on the global economy and in this context Ireland’s prospects post-Brexit. Whilst no one can be sure, Ireland seems to be the “Hot Topic” when it comes to companies and firms discussing post-Brexit life. Ireland is an obvious choice when it comes to top UK law firms and companies contemplating a move of headquarters. That being said, the pressure is on for Ireland to prove that our infrastructure can handle this growth. Lawyers have been and will continue to play a key role in any development in this area, and thus we anticipate an upsurge in legal recruitment continuing throughout the rest of 2017.
UK, Australian and New Zealand Returners
As a result of the recession and personal circumstances, many Irish legal graduates or professionals moved to different jurisdictions to either begin or continue their legal careers. This could be attributed to the fact that people were not being trained in certain areas of law linked to a strong economy such as corporate, commercial, banking, construction etc. As such, there is a gap in the market at this level (NQ to 5PQE). Our clients are keen to speak with those who may be interested in a return home and Brexit is expected to increase the flow of people back to Ireland from the UK. It is always a personal choice however, and salaries in London are at an all-time high. Given the busy construction and energy market in Australia and New Zealand, we are finding that Irish returners from these jurisdictions can offer amongst other things strong non-contentious advisory and contentious experience in large scale projects. The newly adopted construction contracts act in Ireland draws similarities to legislation in New Zealand and Australia so this experience is very relevant.
“Hot Property” in the Legal and Company Secretarial Market
Whilst recruitment is steady across a variety of legal disciplines in Ireland, it is clear that certain areas are in strong demand. We are finding that all leading commercial firms are seeking transactional lawyers in the areas of banking, funds, corporate and commercial property. ICSA company secretaries will continue to be in high demand throughout 2017 both in-house and in legal and accountancy practices, given the implications of the Companies Act 2014. Company secretaries with experience across investment funds are required across financial services and legal practices and these professionals often attract a higher salary. On the in-house side, companies continue to grow their legal and regulatory teams and people with niche experience in areas such as pharmaceutical, financial regulation, utilities, telecoms, aviation etc. are highly sought after.
Partner/Senior Associate Recruitment
Experienced hires are often a strategic move and it is important for candidates to know their worth. If a candidate can offer a skill set in a particular niche or emerging market or has a strong following of clients, law firms are more than happy to consider taking advantage of this and many leading firms hired in 2016 at a senior level.
The market is highly competitive at this level. Despite strong retention levels in Ireland, firms have needed to add to their offering to avoid lateral moves and relocations to London, off shore jurisdictions or the Middle East.
2016 was a busy year for in-house recruitment with candidates strongly motivated to move in-house from practice. Areas of growth include aviation, pharmaceutical, FinTech, life sciences, asset management, funds etc. Continued FDI in Ireland and the possibility that Brexit will increase demand, should create further opportunities during 2017.
2016 saw private practices focus on sourcing London returners as competition for talent increased, with 3-5 years PQE the in-demand level of experience. With strong solicitors often lost to in-house departments, law firms are placing a lot of emphasis on the non-tangible benefits they can offer their talent. Money often dictates whether talent will move on and law firms are increasingly flexible to attract lateral movers.
With regard to salaries in the legal sector the race is on for legal talent and some firms are increasing their salaries to prevent their trainees from leaving upon qualification. There is also a growing amount of flexibility in terms of what firms are willing to offer. The banded salary model often does not exist when it comes to a specialist lawyer or a strong candidate returning from London. When it comes to senior candidates, your salary offer will often come down to a business case (i.e. what clients/fees can you bring to the firm). The Legal market in Ireland (and particularly Dublin) is continuing to show clear signs of growth. Lawyers are key partners to businesses and levels of recruitment both in-house and in practice indicate economic confidence.
2016 has been an exceptionally interesting year, with economic activity increasing and then coming under threat from the impending Brexit. That being said, there seems to be no ceasing in companies and firms in Ireland growing their legal divisions.
If you are looking for specialist advice please contact Cailim Boyle, Senior Legal & Compliance Recruitment Consultant
Tel: (0)1 4744617 Email: email@example.com
Posted by Cailim Boyle, Legal Recruitment Consultant on 1 December 2017
Working & Living In Ireland
Working & Living In Ireland
Relocating to a different country for a job can be both exciting and terrifying. To make your move successful, preparation is vital. If you’re thinking of moving to Ireland, you’re probably asking yourself the following questions: How is the housing market? How do I get a PPS number? How do I to set up a bank account? How do I set up taxes? What transport is available? What is it like to livein Ireland? We have devised a list of what you need to know about moving to Ireland… Accommodation You can look for private rented accommodation through local newspapers, real estate agencies or websites for example: www.daft.ie, www.let.ie, https://www.myhome.ie/rentals. The quality of rental accommodation can vary so you should view the property before making any tenancy agreement. It is common for people who have not met before to rent a house together and to share the costs of the house, including gas, telephone and electricity bills. You usually pay rent monthly, in advance. An initial deposit of one or two months’ rent is also required. PPS Number A Personal Public Service (PPS) Number is a unique reference number for all dealings with public service in Ireland that helps you access social welfare benefits, public services and information. You can apply for your PPS number at your local Social Welfare Office. http://www.welfare.ie/en/Pages/Personal-Public-Service-Number-Registration-Centres-by-Count.aspx You must be already living in Ireland in order to apply for a PPS Number. You will be asked to produce documentary evidence of identity and residence in Ireland. Different documentary evidence will be required, depending on your nationality. To get a PPS Number, you will need to fill out an application form and provide proof of your identity. If you are not Irish, you will need to produce the following documents: Your passport/national identity card or immigration card Evidence of your address, such as a household bill. This should be the first thing you do when you move to Ireland because you will need it to work and set up a bank account. Taxes There are two rates of tax in Ireland: 20% on the first €34,550 earned 40% on the remainder of your salary You will also pay PRSI and the Universal Social Charge on your income. This social insurance contribution goes towards providing State Social and Health Services. You will pay 4% on all your income in PRSI. The Universal Social Charge (USC) is a tax that has replaced both the income levy and the health levy (also known as the health contribution). Rates for 2018 are; Income up to €12,012 - 0.5% Between €12,012 and €19,372 - 2% Between €19,372 and €70,044 - 4.75% Above €70,044 - 8% Bank Account Setting up a bank account in Ireland is often something that is overlooked in the excitement of relocating. Many employers will prefer to pay into an Irish bank account and setting up an Irish bank account can be stressful if you don’t get yourself organised. Things you will need: Proof of Address (Utility bill or Lease Agreement) Proof of ID PPS Number Once you have moved to Ireland and have the above information, choose one of Ireland’ many banks e.g. AIB, Bank of Ireland, Permanent TSB or Ulster Bank and set up your account straight away. Living in Ireland Weather Thanks to the moderating effect of the Atlantic Gulf Stream, Ireland’s climate is relatively mild for its latitude, with a mean annual temperature of around 10°C. The temperature drops below freezing only intermittently during winter, and snow is scarce – perhaps one or two brief flurries a year. The coldest months are January and February, when daily temperatures range from 4° to 8°C, with 7°C the average. In summer, temperatures during the day are a comfortable 15° to 20°C. Healthcare Any person, regardless of nationality, who is accepted by the Health Service Executive (HSE) as being ordinarily resident in Ireland is entitled to free public hospital services but may have to pay in-patient and out-patient hospital charges. You are also entitled to subsidised prescribed drugs and medicines and maternity and infant care services and you may be entitled to free or subsidised community care and personal social services. Social Clubs There is a wide range of social clubs in Ireland catering for all interests. Sport in particular is a hugely popular pastime in Ireland. Some of the most popular sports in Ireland include Gaelic Games, Soccer and Rugby. Below are resources that provide details of clubs and societies throughout Ireland. Localclubsireland.com - directory of sporting clubs throughout Ireland Meetup.com - lists group meetings in cities around the world to help bring people with common interests together and promote the development of active local communities. Search groups of whatever your interest is in Ireland all over the country. Newcomers Club Worldwide - worldwide directory of newcomers clubs for newly arrived expatriates, including Ireland. Transport Rail Service: Iarnród Éireann, is responsible for operating rail services in Ireland. The company operates passenger rail services nationwide and provides commuter rail services, including the DART service in Dublin and the Arrow service from Dublin to Kildare. Bus: Bus Éireann provides various bus services on a network of routes throughout Ireland. It operates intercity coach services and provides commuter services for major cities. City and town bus services are also provided, together with a local bus service throughout the country. For further information on these services, routes and fares see www.buseireann.ie Driving If you have a driving licence issued by an EU/EEA member state you can drive in Ireland as long as your existing licence is valid. It is possible to exchange a driving licence issued by an EU member state or an EEA member state (Norway, Liechtenstein and Iceland) for an Irish driving licence. It is also possible to exchange a driving licence issued by certain recognised states for an Irish driving licence. If you are the holder of a driving licence issued by a country that is not recognised for driving licence exchange, you cannot exchange your licence for an Irish licence. You will only get an Irish driving licence after you have gone through the full driver licensing procedure (see www.rsa.ie for further information). For further information, view our Working & Living Guides: Working and Living in Ireland Working and Living in Dublin Working and Living in Cork Working and Living in Athlone Working and Living in Galway Working and Living in Limerick Working and Living in Sligo Working and Living in Waterford
20 Things Recruiters Want To See On Your CV
20 Things Recruiters Want To See On Your CV
We asked some of our recruitment consultants to tell us their key tips on what makes a good CV. Here’s 20 things to keep in mind before sending out your CV: 1. Details & Numbers The more detail you give about your work history the easier it is for a recruiter/hiring manager to understand your experience, and know if you are suited to a particular role. Fiona Joyce, Recruitment Consultant, Office Support says “Noting ‘Administration’ for example isn’t enough, you need to include the type, volume, systems used, deadlines/timeframes – go into detail. For example, admin support could be basic paper work (scanning, filing, shredding) or it could be high level admin support (diary/calendar management, correspondence and document preparation, report writing etc.). Not going into enough detail is selling yourself short and letting the competition supersede you.” 2. Specific Timeframes Hiring managers like to see exact timeframes on CVs. Dates on your CV should include month to month time frames, as opposed to year to year. Often people will avoid putting dates on a CV or will try to be vague about the dates. This can look suspicious to employers. It’s better to be honest and give reasons for any gaps instead of trying to hide them. 3. Achievements It’s a good idea to include what you’ve achieved in your professional career. Awards and certificates are very impressive to hiring managers. However, they don’t always have to be job related awards, they can be personal achievements too e.g. completed a marathon, raised money for charity, served on a community or student committee etc. It’s good to show on your CV that you achieve goals outside of work. 4. Key Skills The key skills area of your CV is very important. Alan McLoughlin, Recruitment Consultant, Insurance and Financial Services says, “Don’t just list your competencies. List your skills and beside each one, explain how you gained that particular skill”. 5. Professional Development If you’ve completed any online courses or have studied independently, please be sure to include this information on your CV. Hiring managers love to see this as it shows both an enthusiasm for learning as well as the ability to work off your own initiative. 6. Clarity & Structure Structure your CV so it is easy to read. You can do this by: Arranging your work history and education separately according to date and in chronological order. Keep education and work history in separate sections of the CV. Don’t use borders or tables or strange fonts or pictures/images. Always apply in word format, in standard text form. The formatting should be uniform and consistent If you’re using bullet points, they should all be the same style and alignment You should be consistent in your formatting. If you’re using italics font for each job title and bold font for the name for each organisation you worked for, make sure you do this consistently. 7. Leave Out Graphics & Images Leave out fancy graphics, complicated formatting and decorative pictures where possible. They just tend to make it more difficult for employers to read. Keep things simple, clear and detailed. 8. Visa/Employment Permit Status For foreign Nationals your visa Status is crucial! You must specify what visa you have and if there is an expiry date. 9. Professional Profile – Don’t waffle Your professional profile should be at start of your CV. Use this section to outline your technical expertise, years of industry experience and qualifications etc. Try to avoid saying things like, “I am hard-working and reliable”. 10. Bullet Points Always use bullet points where you can. In your duties section and skills section put the information in bullet points rather than a paragraph. This makes it a lot easier to read and for hiring managers to see quickly and clearly what experience you have. 11. Contact Details You may just assume that sending your CV via email is enough for an employer to contact you but often CV’s get forwarded around and saved on hard drives so the original email you sent could get lost along with your contacts. Always put your email address and contact number on your CV. 12. Targets Achieved Someone with a track record of achieving goals really impresses managers. Setting and achieving targets shows self-motivation and determination. If you have achieved targets in your work experience make sure to include them in your CV. 13. Practical Skills Make sure to list any practical skills like having a driving license, manual handling certificate or fork lift licence. These skills could be really attractive to an employer, depending on the role you are applying for. 14. Tailor your CV to every Job Tailor your CV to the job you’re applying for. Don’t regurgitate the same CV for every job. Use the job specifications to guide what you should be mentioning on your CV. 15. Extra-Curricular Activities If you play sport or music etc. (and you have space on you CV), include your hobbies because they can make you stand out. Alan McLoughlin, Recruitment Consultant, Insurance and Financial Services said “I once read a CV that had “I enjoy hill walking” 3 times. Don’t use irrelevant hobbies when you can use that space for something more useful”. 16. Personal Details – Not too Personal It’s good to show your personality through your CV and give the hiring manager a sense of who you are but some personal details are too personal for your CV. Avoid putting your relationship status on your CV e.g. married, divorced. It’s irrelevant information and it could affect you negatively. 17. Be Aware of Length The CV is a recap, not a life story. Keep it brief but comprehensive. Two pages is the norm, but thres is OK. Conor Ryan, Recruitment Consultant, Construction says, “If you’re running out of space, you’re either being too specific and waffling or you’re going too far back in your experience. The rule of thumb is that you don’t need to detail roles any further back than 10 – 15 years. Your cut off point will depend on how many roles you’ve had.” 18. Balance the Info Make sure you’re giving the right amount of information for each role. You’d expect to see more duties listed for a role that you’ve spent more time in. Always keep the information on your CV proportionally balanced. 19. Tools & Systems You should outline which tools/software you’ve worked with previously as most HR managers will run a keywords search so it is important they are listed on your CV. 20. Double Check Always double-check that the information provided is correct. It’s the last step because it’s always the last thing you do, but it doesn’t make it the least important! You could have followed all the above steps correctly but you left a typo on the first page all because you forgot to double check. Following all the steps but forgetting to double check it could cost you a job. Always double check! We hope you found these tips helpful. If you think you need help with your CV or job searching, you can upload your CV to our website and let one of our 125 specialist recruitment consultants give you the help you need.
Salary Guide 2018
Salary Guide 2018
Broadly the global economic performance and Ireland’s position are positive for the rest of 2018. With unemployment at 6.1%, two points lower than the European average (8.6%) and trending closer to 5%, continued inward and indigenous investment along with low inflation, all signals point towards continued, sustainable improvement. Last year we suggested the real impacts of Brexit and the Trump administration may yet to be seen, and this may well still be the case. Ireland has been resilient throughout ten years of turbulence, however, so can be confident of maintaining growth. In terms of professional salaries, increases in the region of 4% have remained ahead of cost inflation and enabled the sustainability of economic (and employment) performance. Indeed the impact of new organisations (mainly financial and fintech) relocating some operations to Ireland from UK will be higher in 2018 due to the time it takes to set up financial operations. The strong sectors (ICT, pharmaceutical, financial, etc.) remain strong, with specialisms like GDPR, Blockchain (not just Bitcoin) and analytics getting the headlines in 2018. There is an on-going drive for a better regional spread for new and existing jobs. There is a salary differential in the region of 5-10% and better retention rates (and more property options), so the regions will be disproportionate beneficiaries of new job creation. 2018 Salary Guides for each discipline: Accountancy & Finance Banking & Financial Services Construction & Property Services HR Insurance IT Legal & Compliance Manufacturing & Engineering Marketing Office Support Sales Science & Pharma Supply Chain
Business Courses Make Their Pitch
Business Courses Make Their Pitch
Capitalism loves to bang on about competition and the value of the marketplace. So why do does a degree in business deserve your precious business, and what exactly are these colleges trying to sell you? Professor Anthony Brabazon is the interim dean of the college of business at University College Dublin. We asked him to make his pitch. “I’d always advise people to study what interests you the most,” says Brabazon. “But many do know when they’re filling out that CAO form that they want to pursue a degree in business. It provides an excellent education that prepares people for a wide range of careers and is proven to be a good choice.” Brabazon, who worked as a chartered accountant with KPMG before moving into academia, says that he has seen major changes in the world of business over the past 25 years and that a degree can prepare graduates for the changes that will come. “The biggest changes I’ve seen are globalisation, an increase in the role of technology in the workplace and a transformation in how people view their career with people no longer expecting to have one job for life. These changes have big implications for the design of business education. We need to prepare students for the world they will face so that they can thrive in this environment, so business education has moved from concentrating on the technical aspects of business to a broader focus on communication, teamwork, problem-solving and leadership skills. Cultural awareness is also really important, because careers are so global these days: if you are working for an Irish firm you will be competing internationally and will also work with different people from all over the world.” Robert Mac Giolla Phadraig is chief commercial officer and founding director of Sigmar Recruitment, which recruits hundreds of business graduates every year. He has a keen insight into what employers want, so are business graduates on their wish list? “The real benefit of a business course is that it uses case studies to give a broad awareness of a business, and it also helps students to build a network of contacts,” he says. “The world of business is broad, vast and varied and won’t always neatly align what is learned in a module. But what is being assessed when a graduate enters employment is their competencies in areas such as communication, teamwork and problem-solving. The ever-important soft skills are being developed. It’s less about what is learned than how it is learned: with case studies, complex problems to be solved, guest speakers and examples which help to develop an entrepreneurial subculture among students.” It’s not all about grades and academic learning, Brabazon agrees: a business course helps students to grow into the well-rounded people that employers value. “There is a war for talent, and companies want the highest-calibre talent they can get. If you are going to have an impact in the workplace you need to be able to communicate well, work in teams, lead teams and collaborate with international colleagues. The best way to show you can have an impact is to show that you have made an impact in the past, so I advise students to go beyond their academic studies: get involved in a sports club or student society, volunteer and take on part-time work. It’s about being able to show you have made a difference in what you have done, not just getting high grades for yourself.” Increasingly, major firms are less concerned about graduates having high grades and much more interested in assessing their competencies in these key areas, with a range of psychometric tests now common for job applicants. That said, Mac Giolla Phadraig is far from dismissive of the intrinsic value of the academic content on a business course. A broad business course may contain a selection of modules across a range of areas such as sales, marketing and supply chain management as well as more formulaic classes on finance and business maths, which can help students to pivot and multitask across the full range of a company’s operations. The alumni network which students build up on a business course is really important, says Brabazon. “As you pass through a degree, you are automatically building up this contact base of your classmates, and that alumni network will mean that you know people all over the world. In our courses, we offer a mentoring programme which connects every student with a panel of experienced alumni which can really help their career progression.” When it comes down to it, what makes one business course stand out over another? “An internship or placement can be really valuable,” Mac Giolla Phadraig advises. “It’s really helpful if a graduate has an understanding of what it is like to work in a certain industry, because it helps them to focus on the right fit once they have left. The more examples of experience and relevant skills that a job applicant can bring to an interview, the better. It’s particularly valuable when an applicant can show what they have learned on the placement instead of just coasting through it. We had a management buy-out of Sigmar about nine years ago, and I learned so much of that through doing; business learning does come from real experience.” No college graduate, of any discipline, can expect that graduation will be the end of their education. Continuous professional development is increasingly important and a good business course should help prepare students for a world where they need to constantly pivot, says Mac Giolla Phadraig. “I’d advise graduates to compete on merit and to show their merit through work, academia and extracurricular activity.” Would he advise students to opt for a broad, general business degree, or to hone in on a specific area like marketing or accounting? “Decisions are often driven by influencers such as peers and, in particular, parents. But if someone knows from a young age what they want to do, that is a gift, so they should go for it. For the other 95 per cent of us, it’s probably the case that a broader degree is better.” Panel: How a business course helped me: Julie Bothwell, National Used Car and Internal Fleet Manager at BMW Ireland “I decided on business and marketing because these were the subjects I really enjoyed in schools and where my strengths were. I wanted a course that would allow me to go into an area where I had lots of different opportunities, so I chose marketing at the Dublin Institute of Technology. “When choosing my degree, I researched a lot of courses, and I found it really beneficial to speak to friends and family who were already studying business or marketing; this can sometimes tell you a lot more about a course than any prospectus can. “A business course gave me an academic grounding in the field I wanted to pursue. It was an intense course which was challenging at times, but this gave me great experience on how to prioritise, plan and deliver in the timeframes we were given, and these are the foundations of what you need to do in your daily job. The course covered a wide variety of subjects with a great mix of theory and more practical case study projects. We worked as a team on a projects and this is valuable experience for the workplace. I was also grateful for the level of support and interaction we had with our lecturers at DIT, and lecturers pushed us hard but were always there to guide and support us. The course taught me prioritise, plan and deliver on work. “In 2008, I joined BMW Group Ireland as a sales and marketing assistant. In that role, I supported the various different sales and marketing functions in the business. Then, in 2010, I took up the position of product manager, which involved product pricing, communication, online management, product training analysis and organisation. In 2012, I became national parts manager which required me to manage all the commercial aspects and the strategic development of the retailer network parts performance and manage the marketing and promotional campaign for parts; most importantly, I ensured that customers were well looked after. From here, I took up my current position of national used car and internal fleet manager in 2015, and I’m responsible for the strategic development of our used car programme for the retailer network, retailer support and used car marketing. “I was lucky that I chose I course I loved and was able to do it well. The key is to have a consistent approach to working hard to ensure you keep on top of what you need to do. Some of the most important attributes in business are good logic and a lot of cop on. It also helped to have a strong network of friends around me on the course, because we all supported each other - and, in business, your personality and communication skills shouldn’t be underestimated.” Written by Peter McGuire in The Irish Times. Read the article here.