- Q3 record breaking recruitment placement results
- Highest in 20 years, peaking in September
- Up 44% for same period in 2020
- Job orders in the first half of October are trending higher than any previous single month in company 20-year history
- The Talent Shortage Economy: Recruitment (for on-site labour and remote skills) is the single biggest threat to the Irish economy
- War for talent now being fought on two fronts: Battle for Retention internally and the Skills Struggle externally
“The Great Return is causing a Mass Exodus. The reopening of offices in September has prompted a new surge in resignations as Ireland now faces a Talent Crisis. Employers are increasingly requesting in-office presence and Employees are voting with their feet..” says Robert Mac Giolla Phádraig, founding director Sigmar Recruitment:
Sigmar Recruitment today reports a record high number of job placements for Q3 (July, August, September) 2021, up 44% on the same period 2020. The figures released today top previous results recorded in Q2, 2021, with September recording the best single month ever in the 20-year history of Sigmar. Job orders in the first two weeks in October are trending higher than any single full month in the company’s 20-year history.
The first half of the year saw strong, consistent growth with job placements, peaking initially in May. Summer months remained as strong, peaking once more in September. Robert Mac Giolla Phádraig, founding director of Sigmar believes that the request to return to the office in September has caused employees to revolt, as they do not wish to return to pre-pandemic conditions and practices..
Commenting on the tightening of the labour market, Mac Giolla Phádraig says: “Demand for talent has remained at an all-time high for the second quarter in our 20-year history. It was somewhat unusual not to see demand abate over the summer months. Indeed, demand continued to increase over the summer, resulting in September’s record results. The rate of job requests in the first two weeks of October is unprecedented, indicating continued in Q4 and raises the question of the sustainability of talent supply.
“Remote working has literally opened up a world of new opportunity no longer bound by location which is creating significant churn in the professional skills market. This last 18 months has seen employees demand greater flexibility. The request to return to the office by employers in September has prompted employees to reconsider whether they recommit or resign. Many are resigning.”
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 opened up new experiences and possibilities on a scale never before seen. In September, many employers have asked employees to “trial” living together once more, which in some cases leads to a reunion or in others to separation.
"Another factor, on the employee side is that of identity and how what we do makes up part of who we are as individuals. “This last 18 months has asked big questions of us all, mainly how our working lives interact with our lives and how we identify with our working lives. In the absence of a workplace we’ve reassessed the balance between who we are and what we do, resulting in lesser commitment to our working selves and therefore to our employers. Employee loyalty has therefore become increasingly under question with many workers are now committed to the experience of work over the employer, adding further to the current levels of churn.”
Talent Shortage Economy
Recruitment for both the on-site and remote talent remains the single largest threat to the Irish economy. Says Mac Giolla Phádraig: ”We are seeing two macro trends converge at once, compounding demand for talent across all sectors – (1) supply of labour and (2)shortage of skills.”
- The “high touch economy” for on-site labour in sectors such as construction, logistics, retail and hospitality are currently experiencing severe labour shortages. The disruption to international talent supply chains have caused significant bottlenecks to the supply of labour, particularly effecting on-site, lower skilled jobs. On-going travel restrictions and pace vaccine rollout continue to impede immigration globally, but as an island nation we are now seeing the impact of this as demand recovers at pace.
- The “low-touch economy”, on the other hand, where remote work is viable is experiencing greater churn due to the expansion of opportunity for skilled workers, shift in motivation, identity and desire for flexibility. This is now being experienced more acutely in Ireland as offices re-open and employees now vote with their feet, in choosing to resign over reengaging with employers in many cases. Demand has been particularly strong in IT, Financial Services and Life Sciences.
He adds: “If we thought the war for talent was tough, just wait for the battle of attrition. Retaining workers rather than attracting them is now emerging as the number one challenge for businesses across the globe.”
Posted by Robert MacGiolla Phádraig on 15 October 2021
Adie McGennis Wins Lifetime Achievement Award
Adie McGennis Wins Lifetime Achievement Award
We are delighted to announce that our founder and CEO, Adie McGennis has been recognised for his remarkable career, personal and professional standing, and in particular his achievements over his twenty-year tenure as Sigmar’s CEO. On Friday at the Employment & Recruitment Federation Awards, hosted at The Shelbourne Hotel, Adie was presented with the James Kilbane Lifetime Achievement Award. Our Sales & Marketing team were also the winners of the “Best in Practice – Sales & Marketing Recruitment” award on the night. Beginning his career in recruitment in the 90s with Interstaff Recruitment after a brief stint in London, within a few short years, Adie became Managing Director of Marlborough Recruitment. It went on to become the largest recruitment agency in Ireland and the first Irish professional services company to be listed on the stock exchange. In 2002, he left to help set up Sigmar Recruitment and since then, Adie has built Sigmar into a thriving, global company that has won over 60 awards. Adie is the ultimate servant leader; humble and sincere, measuring himself by the leaders he creates and not by his own achievements. His ethos has undoubtedly shaped Sigmar’s culture and purpose. Commenting on Adie’s achievement, Frank Farrelly, COO of Sigmar Recruitment said:“I am absolutely delighted that Adie has been recognised by the Employment & Recruitment Federation. Adie is one of the most recognizable and well-liked recruitment professionals in Ireland. In a career spanning over 30 years, he has made numerous lifelong friends and he has been one of the most collaborative and helpful people to many in the industry be they colleagues, competitors or members of the ERF. He truly embodies the spirit of this award and I am delighted to see him being awarded by his peers. Through Adie’s leadership, values, and entrepreneurial spirit, Sigmar has continued to grow and evolve as a business and will continue to do so! Thank you Adie, for all that you have done! Huge congratulations on behalf of all team Sigmar!” Find out more about Sigmar’s story here. Find out more about the Employment & Recruitment Federation Awards here.
Employers Inclusivity Toolkit
Employers Inclusivity Toolkit
This Inclusivity Employment Toolkit drawn up by the Open Doors Initiative is aimed at assisting companies working with our three groups – people with disabilities, refugees and asylum seekers and youth from disadvantaged backgrounds. Jeanne McDonagh, CEO of The Open Doors Initiative said: “We are delighted to work with Employers for Change, one of our key supported programmes, along with Atlantic Technological University, to produce this Inclusive Recruitment booklet and training. Many of our companies have asked for guidance in this space and it is a much needed resource to ensure an inclusive workplace. We wish to thank the participants who gave us their expert knowledge and experience in putting this together and look forward to engaging with companies in this important training.” In creating this toolkit, which is supported by AIB, research was carried out in partnership with Atlantic Technological University (ATU) to understand the specific barriers for people from marginalised communities when seeking employment and the best strategies for becoming truly inclusive in the hiring process.DOWNLOAD PDFSigmar is a member of The Open Doors Initiative to help provide opportunities to some of the marginalised members of our society: refugee, asylum seekers and non-native English speakers; young people under 25 with educational barriers; and people with a disability.This information is taken from the OpenDoors website.
Ireland Gateway To Europe in London
Ireland Gateway To Europe in London
Sigmar led a delegation of 50 Irish and US business leaders to London last week for trade missionIreland Gateway To Europe, to promote US/UK/European trade. We hosted a number of events in the London over two days welcoming over 300 guests.We were joined by the team from The Hard Shoulder on Newstalk, who broadcast live from our trip.Boston College Global Leadership Dinner - RAF Club (19th Oct 2022)Sigmar CCO Robert Mac Giolla Phadraig was MC at the The Boston College Ireland Business Council Global Leadership Dinner which took place in The RAF Club in London. There were fascinating conversations with:Dame Sharon White, Chairman John Lewis & Partners;Conor McEnroy, Founder and owner Sudameris in Paraguay; Warren Zola,Executive Director, BC Chief Executives Club.The event was kindly hosted by Rosaleen Blair, CBE.Listen to Robert MacGiolla Phádraig, Conor McEnroy, and Neil Naughton The Hard Shoulder on NewstalkBoston College CEO Club Lunch at Bloomberg (Oct 20th 2022)There was a full house for the first BC CEO Club lunch ever held in the UK, hosted at the amazing offices of Bloomberg. Guests from London, Ireland, the US and a number of Boston College alumni attended to hear about global economic trends and Europe's energy crisis from our speakers:Fernando Vicario, CEO, Bank of America EuropeRobert Mac Giolla Phadraig, CCO, Sigmar RecruitmentSonya Twohig, Secretary-General of ENTSO-EGerard Reid, Co-founder, Alexa Capital Warren Zola, Chief Executive, Boston College Chief Executives Club.The London Irish Centre (Oct 20th)The delegation visited the London Irish Center, an established charity offering advice, support, culture and community services to the Irish in London from our centre in Camden. It was absolutely amazing the scope of what they do and the difference they make.Listen to Séamus MacCormaic, CEO of the London Irish Centre on The Hard Shoulder on NewstalkReception at The Embassy of Ireland, London (Oct 20th)We were delighted to end our trip as guests of Ambassador Martin Fraser at the Irish embassy in London.
Guides for EmployersAs the crisis in Ukraine worsens, many employers may wish to offer support and employment to those coming from Ukraine. We have some guides to assist you should you wish to support and employ someone from Ukraine that has arrived in Ireland.Finding Work for Ukrainians Settled in Ireland - An Employer’s Guide (PDF)Master Contract of Employment (Ukranian) (PDF)Ukraine Cultural Competency Guide (PDF)Tech Link UkraineTechlinkUkraine.org is a Not for Profit organization signposting those with tech skills that have been displaced by the war in Ukraine to employment opportunities. Our mission is to connect individuals to opportunities and enable them to happen. Download PDF