Hays survey shows that job security is strong in accountancy market

There is a common misconception that it is unwise to move jobs in an uncertain market. Employees can be anxious that a move to a new environment may leave them less secure than with their current employer. It could be a case of ‘better the devil you know’. However, recent statistics from Hays Accountancy & Finance in Galway contradict this sentiment. An astonishing 99 per cent of the people they have placed in jobs in the West of Ireland since the start of the downturn have remained in those jobs or progressed with that company.

Edel Vahey, Manager of Hays Galway explains, “The multinationals are doing business globally so they aren’t directly affected by the economic conditions in Ireland. In addition, many non-nationals have now left Ireland, resulting in a skills shortage in positions that require a second European language. As these are critical skills to successfully operate at a European level for many indigenous and international organisations, it is simply imperative that these positions are re-filled, regardless of changes in recruitment budgets or policies.

Subsequently we are seeing a significant increase in the number of multinational companies based in Ireland looking to recruit experienced accounting professionals, while bilingual accounts professionals are in huge demand. Many Irish nationals with fluent or conversational level German, French, Spanish, Italian or Dutch have capitalised on these opportunities in the past 18 months and we expect there will be many more similar opportunities in the coming 12 months,” she says.

Ms Vahey went on to say that manufacturing plants have also created a demand for experienced cost accountants due to a return to full production and the introduction of new products.

For more information contact Edel Vahey on 091 533 417 or email [email protected].

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