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ManpowerGroup Ireland Q1 2025 Employment Outlook Report Now Available

Irish Life Science Sector Set for Hiring Boom in 2025Healthcare & Life Sciences sector hiring confidence soars with a Net Employment Outlook of +46%The pandemic is in the rear-view mirror, but the pharma industry indicates plans for a hiring boom going into 2025Information Technology sector reports plans for another strong quarter, with a Net Employment Outlook of +49% Ireland’s Healthcare & Life Sciences sector anticipates a boom in hiring appetite going into the New Year, following a period of restructuring to adapt to a post-pandemic healthcare landscape. According to the latest ManpowerGroup Employment Outlook Survey, the sector’s Net Employment Outlook has increased to +46%, up from +23% last quarter. This is the highest hiring level reported since the pandemic.We’re anticipating the start of a hiring boom across the pharma sector in 2025,” said Jonny Edgar, Managing Director, ManpowerGroup Ireland. “Ireland has become a global hub for pharmaceutical, biotechnology, and other life sciences manufacturing, which became a thriving industry throughout the pandemic. However, as consumer needs have changed, the sector took tough decisions to streamline manufacturing and reevaluate product lines, resulting in plant closures and substantial changes to headcounts.“These restructures, which shifted focus away from pandemic-era manufacturing needs, have put the sector in a position to grow in the New Year. Several major businesses, including many of our multinational pharma clients with manufacturing sites across Ireland, have announced plans to hire at scale. Production operators, project engineers, and development scientists have all seen an uptick in demand.” Edgar continued.The Healthcare & Life Sciences sector’s confidence is most pronounced in Dublin, home to much of Ireland’s pharmaceutical industry. Here, employers report a Net Employment Outlook of +58%. In more good news for candidates, Information Technology employers in the capital also report a second consecutive quarter of strong hiring confidence (+48%). Across Ireland, the Information Technology sector reports the strongest hiring appetite of any industry, with a Net Employment Outlook of +49% going into Q1 2025. Meanwhile, the Financials & Real Estate sector has signalled a cooler hiring appetite at +9%, down from +20% last quarter, while the Energy & Utilities sector reports it will be downsizing marginally, with a Net Employment Outlook of -3%. Big business confidence remains strong, with Large Enterprises – companies with more than 5,000 employees – reporting a Net Employment Outlook of +29%, maintaining the strong hiring appetite seen last quarter, well ahead of the cooler prospects reported across Q2 (+12%) and Q3 (+16%) respectively. Regionally, Leinster leads the pack with a Net Employment Outlook of +36%, up 24 percentage points on last quarter, followed by Dublin (+25%), Connaught (+25%), and Munster (+23%), with Ulster [Cavan, Donegal, and Monahan] reporting -11%, indicating job losses overall. “It’s encouraging to see the success story of Ireland’s pharma sector, following the soaring rebound of Ireland’s tech sector earlier in the year. While not all sectors report such optimistic hiring intentions, the positive economic indicators of increasing workforce participation and projected GDP growth, recently revised up from 3.6% to 4% for 2025, should give businesses reason to be upbeat about growth prospects in the New Year.” Edgar explained.“However, it’s clear that not all organisations are preparing for growth, with our data showing the smallest companies expect a headcount reduction, and the energy sector set for a small contraction. Businesses in these industries should look at their skills needs and focus on upskilling their existing workforce to prepare for economic growth. Staying adaptable and investing in skills will be key to navigating the evolving economic landscape in 2025.” Edgar concluded.

How to Thrive in the Age of AI

How to Thrive in the Age of AIWhat if I told you that the rise of artificial intelligence (AI) is not a threat to your career, but one of the greatest opportunities you'll ever encounter to become truly indispensable?Yes, AI might be able to crunch numbers and analyze data faster than you can say “algorithm,” but it lacks the depth, creativity, and human touch that you can offer. You see, AI is not about replacing humans with machines. It's about unlocking the full potential of people by leveraging the power of technology. Imagine a world where AI takes care of the mundane, the repetitive, and the predictable, freeing you up to tackle the most complex, challenging problems of our time. It's about creating a future where your unique expertise is more valuable than ever before; a future where the specialist reigns supreme.The Generalist's DilemmaLet's face it: being a jack-of-all-trades isn't what it used to be. In the past, generalists were the go-to folks in the workplace. They could juggle multiple tasks, wear different hats, and adapt to any situation. But with AI getting smarter by the day, the role of the generalist is starting to look about as relevant as a rotary phone.Think of AI as that super-smart kid in your class who always had their hand up first (though, admittedly, at times AI is also your annoying friend at the bar, providing confident rather than competent explanations of things they don’t truly understand). This tech whiz can chew through data, spot patterns, and get stuff done faster than you. So, if you're a generalist, you might be feeling a bit like a dinosaur eyeing the big, scary meteor of AI heading straight for you.But it doesn't have to be all doom and gloom. Adapting is something we humans are good at. Remember when emails took over and we thought it was the end of face-to-face communication? We adapted.So, it's time for generalists to adapt again. Learn new skills, embrace tech like AI, and figure out how we can work alongside it instead of competing against it. After all, if we're the jack-of-all-trades, surely we can add 'AI collaborator' to our list of roles.The Specialist's SuperpowerDespite all the hype, there's something that AI still can't touch - our unique, specialized knowledge. Remember that time when your specific skills made a real difference? That's what I'm talking about.Now, don't get me wrong. AI is impressive. It can do a lot of stuff. But compared to the depth of human knowledge in specific fields? Not even close. It's like comparing a microwave dinner to a gourmet meal. The microwave is faster, and it gets the job done, but it doesn't come close to the depth of flavor, the perfect balance, and the artistry that a well-trained chef brings to the table.Would you trust AI, regardless of its sophistication, to perform a complex procedure like brain surgery? The answer, most likely, is a resounding no. Certain tasks, especially those that require a high degree of precision, expertise, judgment, and more importantly, creativity, remain the exclusive domain of people. They require the human touch and the ability to adapt to the unexpected and make critical decisions on the fly, traits that machines and AI, despite their advancements, are yet to master.And that’s a specialist’s superpower.Becoming a “Human in the Loop”So, how do you ensure your relevance in the age of AI? The answer lies in becoming what I like to call a “human in the loop.” Basically, you want to be the person who can use AI tools to your advantage, but also bring your own special sauce to the table.For example, let's say you're a seasoned financial analyst. You could harness the power of AI algorithms to analyze vast amounts of market data, identify trends, and predict potential risks and opportunities. However, it's your deep understanding of the financial markets, economic principles, and the ability to interpret the results in context that will enable you to provide valuable insights and make strategic recommendations to mitigate potential losses.Or let's say you’re a skilled data analyst in the healthcare industry. You could utilize AI algorithms to process vast amounts of patient data and identify potential risk factors. However, it's your deep understanding of the healthcare system and the ability to interpret the results that will enable you to make meaningful recommendations to improve patient outcomes.By combining your specialized expertise with AI tools, you become a superhero of productivity. You're not just working harder; you're working smarter. And that is how you stay ahead of the curve.Embrace the AI RevolutionIn a world where technology is advancing at an unprecedented pace, it's natural to feel overwhelmed and uncertain about your place in the workforce. But you’re not just a cog in the machine and AI does not signify the end of human expertise – it's the onset of a new era where specialists have the power to shape the future of work.Leverage your unique skills, stay adaptable, be curious, proactive, and never stop learning. The world needs your specialized expertise now more than ever, and with the right mindset and tools, you can achieve incredible things. Because in the end, it's not about beating the machines – it's about leveraging their power to become the best version of yourself. You possess the creativity, empathy, and strategic thinking that machines can't replicate – and that's what will set you apart.

The Benefit of a People-First Approach in the Age of Automation and Sustainability

People Power: The Benefits of a People-First Approach in the Age of Automation and SustainabilitySpecialization isn't just a trend; it's a strategic advantage. Companies that cultivate a specialized workforce are better equipped to:Embrace change: With specialists at the helm, businesses can adapt to emerging technologies and market shifts with greater agility.Drive innovation: Diverse specializations bring together a wider range of expertise, fostering creative solutions and groundbreaking ideas.Enhance efficiency and productivity: Specialized teams tackle complex tasks with greater speed and accuracy, maximizing their impact.Yet, the rise of specialization doesn't diminish the value of well-rounded skills and adaptability. It's about finding your niche and developing a deep understanding of a particular field. This journey can be incredibly rewarding, offering:Career fulfillment: Specializing allows you to become a true expert, mastering your craft and contributing meaningfully to your chosen field.Increased demand: Specific skillsets are highly sought-after in today's job market, opening doors to exciting opportunities.Lifelong learning: Being a specialist fosters a love for continuous learning, keeping you at the forefront of your field.Whether you're a job seeker honing your skills or a business leader building your team, there's an opportunity to thrive in this evolving landscape. By fostering a culture of specialization and continuous learning, we can all contribute to building a future-ready workforce.Embracing the Future: A People-First ApproachAs we navigate the most transformative workforce changes of our lifetime, where the only limit is the extent of our imagination, we must never lose sight of the true catalyst behind our success – our people.Encouraging creativity, out-of-the-box thinking, and innovative problem-solving is crucial for the success and longevity of any organization. Empowering team members to challenge established norms, think critically, and value collaboration and diversity of thought creates an environment more likely to generate innovative ideas that can drive the organization forward. Prioritizing personal and professional growth leads to individual development, job satisfaction, and overall productivity. Building a culture of trust, respect, and empowerment encourages dedication to delivering high-quality work and achieving exceptional results.Together, we have the power to build a future where the ingenuity of our people illuminates the path forward, where innovation and collaboration are the currency of success, and where the unrelenting force of human potential reshapes the very fabric of what we believe to be possible.Welcome to the future of work – a future driven by people.

The Transferable Skills that Employers Look For

What Transferable Skills do Employers Look for?Today’s employers need flexibility to take skills from one role and apply them to another. Here is how you can maximize your marketability through transferable skills. Jobs today and in the future aren’t about what you already know. Increasingly, they are about what you are willing to learn, adapt and apply for tomorrow’s needs. Roles in sales, business and financial operations and office administration all need transferable skills like writing, managing, strategy and information technology that will still be applicable despite changing job titles. Here are the transferable skills that are most in demand.Learnability over the long term Of all transferable skills, learnability is the foundation. Learnability is the desire and ability to continually learn and grow throughout careers. To keep your learnability skill sharp, take the time to find unfamiliar topics and dig beneath the surface. Situational leadership Every leader is different, and every situation is different. But the leader that can adapt to each situation with different approaches has valuable transferable skills. According to Situational Leadership Theory, quality leaders know how to read different needs and provide the right style based on the experience level, difficulty of task and novelty of the situation. Those who can provide this type of flexible leadership can transfer across new environments and be in high demand. Thriving with teamwork While automation is augmenting work, humans and teams will continue to need to work together. On a team, there are people who will do what they commit to, while others will not deliver. The team has to manage these situations, so that they do not impact the grades of team members. Being a team player, and possessing interpersonal skills, are critical workplace skills in a variety of situations.Developing soft skill abilities can have an immediate and long-term impact on your career. And those are the transferable skills that will continue to be in demand.

Ireland Q4 Employment Outlook Report - Just Released

Irish Tech Companies Return to Optimism in Q4 - +29% Overall Growth in JobsIreland Net Employment Outlook of +29% signals a return to significant growth in jobsIT sector hiring confidence rebounds with a Net Employment Outlook of +39%Hiring optimism is driven by demand for specialist roles like AI specialists, rather than volume hiring for generalistsMore than half of Irish employers reveal they expect AI to create more jobs than it replaces over the next two yearsIreland’s Information Technology sector expects a resurgence in hiring confidence following consecutive quarters of stagnant recruitment, according to the latest ManpowerGroup Employment Outlook Survey. The sector’s Net Employment Outlook has increased to +39%, up from +6% last quarter. This marks the highest level of optimism since the post-pandemic hiring boom.Download the ManpowerGroup Ireland Q4 2024 Employment Outlook ReportDespite this, hiring at volume is expected to remain subdued, with high-skilled roles like AI specialists, data engineers, cloud architects, cybersecurity specialists, and developers igniting tech sector hiring. This follows findings that 51% of employers say they expect AI adoption to lead to increased headcounts over the next two years.“Following a period of redundancies and hiring freezes made in response to economic turbulence and post-pandemic over-hiring, the tech sector is now looking to the future with a sense of cautious optimism.” said Jonny Edgar, Managing Director, ManpowerGroup Ireland. “Businesses have restructured with sustainable headcounts, and mounting confidence in the growing economy together with a surge in demand for specialist tech skills is fuelling positive hiring plans.”“Employers feel confident about the potential of AI to create more jobs than it replaces, and there’s a growing appetite for specialists in generative AI and machine learning. However, we know it’s going to be a mixed picture, and it remains to be seen whether businesses’ optimistic attitude is reflected in the reality of hiring trends over the coming years.The Information Technology sector’s revived confidence is most pronounced in Dublin, home to many of Ireland’s tech multinationals. Here, IT employers report a Net Employment Outlook of +41%, a marked increase on the -20% in Q1 and +10% in Q3 of this year. Employers in Dublin also reported the highest levels of AI adoption at 41%.Large Enterprises, businesses with more than 5000 employees, also report a rebound in hiring optimism, with +38% intending to hire in the fourth quarter. This is an increase of 22 percentage-points on last quarter and up 23 percentage-points year-over-year.“The stability of a growing economy has given big tech the confidence to plan for growth, and most of that is increasingly concentrated in the capital.” Edgar continues. “Ireland’s GDP is projected to grow by 1.2% in 2024 and 3.6% in 2025– the highest rate of any country in the Eurozone. With inflation cooling and workforce participation increasing, businesses have reason to be optimistic.”The Government, Public Service and Education sector report the highest Net Employment Outlook of any sector at +41%, reflecting an increase in public sector hiring driving job creation compared to prior years. The Transport, Logistics and Automotive sector also reports strong hiring confidence (+39%) followed by Industrials & Materials (+36%).Regionally, Munster leads the pack with a Net Employment Outlook of +41%, up 22 percentage-points on last quarter, followed by Dublin (+30%), Connaught (+26%), Ulster – Cavan, Donegal, and Monahan (+21%), and Leinster (+12%).“AI adoption across Ireland is sparking change in an already rapidly evolving skills landscape, and we’re seeing positive labour market activity across the economy as a result of growing economic confidence. However, hiring demand is being driven by hard-to-fill roles where demand far outpaces supply, with 90% of businesses in the tech space reporting difficulty filling roles.“As they shift towards growth, businesses should consider a wider pool of candidates who have potential, focusing on a holistic view of past experience, aptitude, and transferable skills. Being prepared to train new hires, rather than relying on a pedigree of existing industry experience, will be key to meeting skills needs.”SourcesManpowerGroup Employment Outlook Survey Q3 2024 https://www.manpowergroup.ie/blog/2024/07/manpowergroup-reports-positive-net-employment-outlook-of-25-percent-for-q3-2024European Commission, May 2024 https://ireland.representation.ec.europa.eu/news-and-events/news/spring-2024-economic-forecast-commission-maintains-its-growth-forecast-ireland-2024-2024-05-15_enManpowerGroup Talent Shortage Survey 2024 https://www.manpowergroup.ie/blog/2024/02/record-high-of-81-percent-of-irish-companies-are-struggling-to-attract-skilled-talentDownload the ManpowerGroup Ireland Q4 2024 Employment Outlook Report

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Manpower Ireland 2024 Salary Guide

Manpower Ireland 2024 Salary GuideOur Talent Attraction team is excited to present the Manpower Ireland 2024 Salary Guide. We've compiled this guide using a variety of reliable sources, including Manpower vacancy and placement data, external job boards, and secondary market analysis. This comprehensive approach ensures the most accurate salary guidance within the Irish market.The guide provides valuable insights that can help you:Position yourself competitively against key market players.Determine if your salary or salary offerings align with the Irish market averages.Gain detailed information on hiring insights across various industries in Ireland.At Manpower Ireland, we deliver real-time hiring data to both clients and candidates. We also offer practical staffing solutions and innovative strategies for attracting and retaining talent. Our guide includes industry-specific talent insights, offering a comprehensive overview of different sectors in the Irish market. These insights are gathered through our paid third-party research tools and Global Manpower Market Intelligence, allowing us to provide accurate information from thousands of candidates and employers.For more information on how Manpower Ireland can support your hiring needs, contact us at [email protected] call 01 6455200.Click the heading below to gain full access to the Manpower Ireland 2024 Salary Guide.Manpower Ireland 2024 Salary Guide

Webinar Alert - Q4 2024 Hiring Trends & Market Insights Wednesday Nov 13th

Register for our Q4 Hiring Trends & Market Insights Webinar Wednesday Nov 13thIn our latest ManpowerGroup Ireland webinar of 2024 we will be exploring the key hiring trends for Q4 2024 and the changing recruitment landscape that will impact on 2024 HR strategies.We are delighted to be joined by one of our HR partner companies The Stepstone Group (Jobs.ie & Irish Jobs) as a guest speaker for the event where they will be providing key insights from their perspective on how talent attraction is changing based on what key insights they are seeing from their jobs platforms .Wednesday November 13th at 12pm. 45 minutes in duration. Interactive with Q & ARegister for our Q4 Hiring & Employment Outlook WebinarKey Webinar Takeaways from this event will include:Employment Outlook & key hiring trends for Q4 from the latest ManpowerGroup Employment Outlook Report.What sectors are doing well and which are less optimisticHow does hiring patterns change by company sizeTalent shortage trends and how companies are adapting to the marketplaceHow the recruitment trends are directly impacting on jobs at the momentInsights and best practice recommendations from Jobs.ieQ& A where we can answer any questions you have regarding your company's hiring trends or recruitment strategies.This is a free webinar and suitable for HR Professionals, Senior Management and Business Executives. Registrations is required and places are limited to 4 attendees per company. Book your place today and you are welcome to invite a colleague who might like to attend.Register for our Q4 Hiring & Employment Outlook Webinar

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Elevate Your Organisation's Performance with an Executive Coaching Program

Elevate Your Organisation's Performance with an Executive Coaching ProgramExecutive coaching within an organisation can positively impact multiple individuals and teams simultaneously, potentially influencing overall performance and shaping the team's culture. Our Right Management executive coaching programmes are suitable for executive leaders, emerging leaders, middle managers and staff identified as key to the business.Coaching delivers real-time improvement to employee performance through individualised guidance, support and honest feedback. To develop and retain talent while strengthening your leadership pipeline, optimise your talent strategy with coaching.Executive coaching delivers:7 times return on investment98% satisfaction rate amongst coachee'sRobust & immersive coaching experience to drive enterprise level performanceImprovements in both the individual & team performance6 -12 month executive coaching engagements availableIn-person and online sessions with on-demand coaching availableReporting made easy, with trackable ROI and reports customisable to your internal frameworks.Our Right Management personalised coaching programs are designed to create substantial business value and meet your employees’ unique development needs. Find out more about our bespoke executive coaching programmes in our coaching brochure.Download Our Right Management Executive Coaching BrochureContact Right Management Ireland Today

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