Saturday 20 January 2018

Half of businesses hiring staff to pay 2012 rates

Anne-Marie Walsh

MORE than half of employers planning to take on new staff this year will be paying last year's wage rates.

A total of 55pc of hiring managers said they will be offering permanent jobs.

Most said pay will stay the same as it was in the last 12 months, but 41pc will give pay hikes of up to 10pc, and just 4pc predict pay cuts.

The Morgan McKinley Ireland Salary Survey of 320 employers in businesses including accountancy, sales and marketing and human resources, revealed temporary jobseekers are less likely than permanent staff to get pay rises.

Almost three-quarters of employers seeking temporary staff said their pay rates will stay the same, with 21pc predicting pay and 5pc expecting cuts.

Employers said they were most likely to hire staff in accounting and finance, IT and sales and marketing roles.

Highly qualified and experienced professionals can expect the biggest wages boost.

Most of the employers do not feel emigration will be a big drain on talent – only 9pc said they feared it would stop them finding the best candidates.

Karen O'Flaherty, Chief Operations Officer at Morgan McKinley Ireland, said the number who expected salaries to increase had risen since last year.

Irish Independent

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