hays ireland - salary guide 2016

EMPLOYMENT INSIGHTS

May, 2016

Hays.ie/Salary-Guide

Hays Ireland Salary and Recruiting Trends 2016

100 EXPERTS

4OFFICES IN DUBLIN, CORK, LIMERICK AND GALWAY

1 SALARY GUIDE

20 YEARS OF SUCCESS IN IRELAND

SURVEY METHODOLOGY

This guide has been compiled using data gathered from our offices across Ireland.

The salary data is based on job listings, job offers and candidate registrations.

The findings of our benefits survey are based on responses from over 1,300 employers and employees from organisations of all sizes throughout Ireland.

79% of organisations expect increased business activity in 2016

86% of organisations expect to increase headcount in 2016

81% of employees expect to move jobs within next two years

CONFIDENCE IN THE FUTURE

SALARY TRENDS

During the last 12 months, have the salaries of your workforce changed?

Increased above 2.5%

Increased up to 2.5%

Stayed the same Decreased35% 32% 32% 1%

SALARY TRENDS

Over the next 12 months, how are your workforce’s salaries likely to change?

Increase above 2.5%

Increase up to 2.5%

Stay the same Decrease33% 40% 27% 0%

SALARY TRENDS

Are employees satisfied with their salaries?

47% 53%Yes No

ON THE MOVE

When do employees anticipate they will next move jobs?

81%

37%Within next 6 months

25%Between 6-12 months

19%Between 1-2 years

8%Between 2-3 years

11%More than3 years

ON THE MOVE

Is there scope for career progression within their current organisations?

59% 41%Yes No

TOP REASONS FOR LEAVING

27%End of contract, retirement, redundancy

19%Salary and/or benefits package

19%Lack of future opportunities

10%Location

10%The work itself

RECRUITING CHALLENGESTop challenges employers expect to encounter when recruiting this year:

Shortage of suitable applicants

Competitionfrom otheremployers

Unrealistic salary

requirements

Immigration restrictions

TOP SKILLS IN DEMAND

IT 31%Finance 29%Managerial/leadership 24%

WHAT EMPLOYERS CONSIDER IMPORTANT AND WHAT EMPLOYEES ARE ATTRACTED TO

Employers Employees

Career development 31% 27%Benefits package 16% 9%Challenging role/projects 16% -Work-life balance 11% 18%Location 6% 12%Job security - 11%

SALARIES IN THE SPOTLIGHTStrong salary growth in certain areas of IT, HR,construction and property Salaries are largely stable in financial services, banking, office support, and accountancy and finance

Entry-level salaries across a number of areas have increased

CONCLUSIONS

IT and construction and property salaries are expected to rise as skills shortages become more acute

4 out 5 employees will be looking to move jobs during the next 24 months

Focus on Employee Value Proposition; aligning attraction and retention strategies with external messages

For more information on salaries and recruiting trends, please visit hays.ie

Dublin01 897 2492

Cork021 425 1020

Limerick061 435 750

Galway091 533 417

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