23% increase in the number of vacancies in Quarter 2 in 2015 compared to the same period in 2014
In the second Quarter of 2015, we have seen an average increase of 23% in the number of vacancies we are sourcing for when compared to the same period in 2014.
This is the 6th successive Quarter where there has been an increase in the number of vacancies coming to the Jobs Market and once again our outlook for the next 3 months is positive and we would expect to see a continued increase in the number of vacancies arising during this period.
We have set-out below a more detailed analysis of the trends within some of our key market segments;
Accounting & Finance
There continues to be an upsurge in activity within the Accounting & Finance market with an 18% increase of temporary/contract vacancies over the same period in 2014. When this is combined with the 20% increase we saw in Quarter 1 of 2015 (vis a vis Q1 2014), it shows that the temporary/contract market continues to expand outside of Dublin.
We have also seen a 40% increase in the number of permanent vacancies coming to the market in the same period; again while this is a very positive indicator, it does reflect the relatively low volume of such vacancies in the second Quarter of 2014.
And as with the trend over the past 18 months, there is a noticeable clustering of vacancies, for Qualified Accountants, between the 43,000 euro – 58,000 euro salary range which indicates that the number of vacancies commanding salaries in excess of 60,000 euros continues to be low.
We have seen more than a doubling in the number of vacancies arising within our Executive Appointments team when comparing the second Quarter of 2015 with 2014.
This builds on the growth trend of 25% seen in Q1 of 2015 and while we would not expect this spike in the number of vacancies continuing in the third Quarter, it bodes well for 2015 registering an significant increase overall in the number of vacancies coming to the market relative to 2014.
We have found that the number of vacancies arising in HR during the second Quarter of 2015 is almost identical to the same period in 2014.
While it is a significant improvement on Quarter 1 (where there was a 50% decrease in the number of vacancies) it continues to reflect the trend that we are now sourcing for more senior Manager / Director level positions, within more specialist areas of HR, than would have been the situation previously
As with Quarter 1, we have found that this area has remained constant with no increase/decrease when comparing Quarter 2 in 2015 with the same period in 2014. There continues to be a demand with the number of temporary/short-term vacancies broadly similar between the two years (ie 2015 vs 2014) but the number of permanent positions coming to the market continues to be low.