Abacus Professional Recruitment, Belfast specialising in jobs in professional solutions for accountancy, legal, financial services, office professionals plus architecture and surveying vacancies.

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Salary Survey for Northern Ireland published by Abacus

07 July 2010

New Salary Survey outlines future job opportunities in NI

 

A comprehensive salary guide by Abacus Professional Recruitment (based in Belfast) has revealed the depth of impact the recession has had on Northern Ireland, but also offers optimism for the year ahead.

 

Across many sectors, salaries have dropped by typically 5-15% and benefits have been capped or withdrawn completely, while redundancies have spread across virtually each business sectors in the region, including the more robust markets of Accountancy and Legal. However the publication by Abacus Professional Recruitment also reveals that positive signs are starting to reflect a more stable labour market with more companies calculating fresh staff appointments.

 

“Many local firms are certainly more confident and outward looking. Recruitment is returning to their radar, although with justifiable caution. They are smartly managing a blended recruitment strategy by taking on temporary staff and appointing people on interim contract of perhaps 3-6 months. Importantly, the volume of permanent recruitment is rising as well and decisions are being made faster; both positive indicators for the future”; according to Alan Braithwaite (Business Director) at Abacus Professional Recruitment.

Impacts on Markets

The Abacus survey provides an overview on each market plus guidance for companies and job seekers to prepare for the future if economic recovery is sustained. The full report can be DOWNLOADED HERE but the main findings for sectors include:

Future Guidance

The specialist consultants at Abacus have also offered some guided to all parties.  Companies should develop or review their ‘employer brand’ and re-discover how their business is perceived by employees and potential staff of the future.

 

“Certainly employers are wise to take stock and review how they can improve their appeal to prospect employees. It shouldn’t start when someone hands in their notice. Our consultation revealed that companies were eager to know if their brand had been impacted by redundancies and that is a refreshing consideration”, said Justin Rush (Business Director) at Abacus. 

Future Outlook for Jobseekers

“Candidates presently in employment are starting to shift from ‘passive’ to ‘active’ status reflecting a slightly more positive outlook. Obviously the level of competition for employment is considerable and this is likely to continue. While a continued economic challenge certainly remains with public sector pressures and austerity measures on route, the commercial market is lifting. Therefore jobseekers should start preparing CVs, gaining career advice and perhaps develop an appropriate social networking profile to increase their visibility.”

 

FULL NORTHERN IRELAND SALARY SURVEY AVAILABLE HERE

 

 

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