Just over half of Irish employers (56pc) predict that candidates could have unrealistic wage expectations in 2022.
A major majority (91pc) of Irish employers have skilled recruitment challenges over the previous 12 months. That’s in line with a survey of 1,500 employers and professionals in Ireland by Hays recruitment group.
Most of the employers surveyed (84pc) intend to recruit in 2022, rising from 78pc in 2021. Employers are additionally 35pc extra more likely to counter-offer a resigning worker, versus pre-pandemic, in line with the Hays Ireland Salary and Recruiting Trends Guide 2022.
The survey, which was carried out this September, revealed that the recruitment challenges skilled by employers over the previous 12 months had had knock-on results on different areas of their companies.
Productivity and revenue margins have been notably impacted. Half of Irish-based employers mentioned that ongoing expertise shortages have had a unfavourable affect on organisational productiveness, whereas 39pc claimed expertise shortages have undermined their means to ship key tasks. An additional 30pc mentioned it has stalled their plans for enlargement. One in 5 employers indicated that recruitment challenges have been impacting their profitability and revenues.
Skills shortages have additionally impacted worker morale, enterprise growth and customer support. A minority (16pc) felt innovation and creativity had suffered on account of expertise shortages.
The majority of employers (68pc) mentioned they have been unable to satisfy their recruitment and retention objectives as a result of competitors from different employers.
Other distinguished causes cited included a scarcity of latest expertise getting into their trade (33pc), people leaving to work in different industries (17pc), lack of alternatives for development (14pc), folks transferring to different geographic areas (13pc),
Negative perceptions or stereotypes of the trade have been additionally an element for the abilities scarcity in line with 12pc of respondents. One in ten mentioned lack of range amongst these getting into the trade, whereas 8pc blamed the dearth of entry degree graduate schemes.
In 2022, recruitment ranges are projected to be the very best in 5 years as employers battle to retain expertise. More than a 3rd of employers mentioned they’d counter-offer resigning expertise. When requested why, 86pc mentioned that they hoped it will forestall expertise from leaving, whereas 51pc mentioned it was essentially the most cost-effective factor to do.
An additional 29pc mentioned they’d counter-offer resigning workers to keep away from expertise gaps, and 13pc mentioned it offered a chance to rebalance salaries for people.
Just below three quarters (75pc) of employers mentioned they anticipated a continued scarcity of appropriate candidates in 2022, with 56pc anticipating unrealistic wage expectations on the a part of candidates.
Maureen Lynch, director at Hays Ireland acknowledged that “the competition for talent has been a universal challenge for Irish-based employers throughout 2021,” including that Hays anticipated this “trend to continue into the New Year, based on the findings” within the report.
“At a more macro-level, it is well documented that the Irish economy has rebounded strongly in the second half of the year and Irish employers understandably want to capitalise on this growth and position themselves for further expansion in the 12 months ahead,” Lynch mentioned.
“To this end, it is important that we look to identify meaningful solutions, including tackling recent work permit delays, to alleviate ongoing recruitment pressures. The ability of employers to recruit and retain talent is integral to delivering upon their wider business objectives, including realising their growth projections, maximising revenues and ultimately driving the fundamentals of a healthy business environment,” she concluded.
Don’t miss out on the data it is advisable succeed. Sign up for the Daily Brief, Silicon Republic’s digest of need-to-know sci-tech information.