Business Irish

Monday 19 February 2018

Job seekers don't expect pay increases this year - survey

Colm Kelpie

Colm Kelpie

THE majority of job seekers questioned for a survey believe there will be no changes to wages this year, amid a campaign by unions for pay hikes, a survey has found.

Jobs postings were also up 21pc year-on-year in the final three months of the year, according to the latest Employment Market Monitor report by recruitment company CPL.

Some 20pc of jobseekers who responded to the survey believed that a pay rise would be standard in 2014. 

A further quarter believed there was room to negotiate but the majority, at 57pc, believed there would be no change to wages this year.

Ronan Lyons, Assistant Professor in Economics at Trinity College Dublin, said jobseekers continue to view it is an employers’ market.

“So the majority of workers expect no change in their salary in the year ahead,” he said.

The Q4 2013 report was based on information taken from Cpl’s database and augmented with responses from 508 employers and 830 jobseekers.

The findings come as unions prepare to lodge a series of pay claims across the private sector.

ICTU unions are devising a strategy to increase the wages of lower-paid workers in particular, which the unions see as the key to growing the economy.

Other findings from the survey include:

:: Nearly half of jobseekers are looking for jobs overseas.  10pc believe they have no choice but to look abroad and 37pc have already done so.

:: There is a belief that long-term unemployed candidates have a slim chance of getting a job without intervention.

Peter Cosgrove, Cpl Resources director, said research shows that the experience is very different for individual jobseekers.

“Those with the right qualifications, skills and experience are in high demand,” he said.

“Others are struggling with a feeling of unemployability.”

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