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EMPLOYMENT
INSIGHTS
May, 2016
Hays.ie/Salary-Guide
Hays Ireland Salary and Recruiting Trends 2016
100
EXPERTS
4
OFFICES 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 Decreased
35% 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 Decrease
33% 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 than
3 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 CHALLENGES
Top challenges employers expect to encounter when
recruiting this year:
Shortage
of suitable
applicants
Competition
from other
employers
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 SPOTLIGHT
Strong 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
Dublin
01 897 2492
Cork
021 425 1020
Limerick
061 435 750
Galway
091 533 417
CONTACT US

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Hays Ireland - Salary Guide 2016

  • 2. 100 EXPERTS 4 OFFICES IN DUBLIN, CORK, LIMERICK AND GALWAY 1 SALARY GUIDE 20 YEARS OF SUCCESS IN IRELAND
  • 3. 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.
  • 4. 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
  • 5. 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 Decreased 35% 32% 32% 1%
  • 6. 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 Decrease 33% 40% 27% 0%
  • 7. SALARY TRENDS Are employees satisfied with their salaries? 47% 53% Yes No
  • 8. 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 than 3 years
  • 9. ON THE MOVE Is there scope for career progression within their current organisations? 59% 41% Yes No
  • 10. 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
  • 11. RECRUITING CHALLENGES Top challenges employers expect to encounter when recruiting this year: Shortage of suitable applicants Competition from other employers Unrealistic salary requirements Immigration restrictions
  • 12. TOP SKILLS IN DEMAND IT 31% Finance 29% Managerial/leadership 24%
  • 13. 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%
  • 14. SALARIES IN THE SPOTLIGHT Strong 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
  • 15. 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
  • 16. For more information on salaries and recruiting trends, please visit hays.ie Dublin 01 897 2492 Cork 021 425 1020 Limerick 061 435 750 Galway 091 533 417 CONTACT US

Editor's Notes

  1. 2015 data IT 18% Finance 9% Managerial/Leadership 8%
  2. IT grew by 2,6% HR by 2% C&P by 1,8%