Posted on Wednesday 2 May 2018 by John Mulgrew
More than half of Northern Ireland workers across the professional services sector have received a pay rise in the last year, according to a new survey.
The latest Salary Survey Report from Abacus Professional Recruitment shows that a larger proportion of firms saw salaries rise in 2017 than a year earlier.
“This was highest in sectors including accountancy and technology with 61% and 58% receiving salary increases,” it said.
Around 43% of professionals now have flexible working in Northern Ireland, with “analytics and technology sectors leading in this area with an average of almost 70% working flexibly”.
“Financial services and insurance roles were least likely to include flexible working at 29%, with the legal sector averaging at 49%,” the survey said.
“Flexible working includes working from home, receiving time in lieu for working overtime and flexible working around contracted hours. Additionally, over 55% of all those surveyed received a bonus last year.
Justin Rush, director at Abacus Professional Recruitment, said: “Demand is peaking for professionals across a range of areas and the benefits they are receiving have risen in tandem.
“There is an increasingly rich diversity of professional job roles in Northern Ireland. These offer not only competitive salaries, but highly rewarding career paths with companies also investing significantly in skills development.
“Benefits in Northern Ireland are moving towards cities like London or Dublin, emphasising how the local employment market is progressing at a fast pace, despite current political concerns, including Brexit and a lack of Executive.”
“However, as demand is beginning to outstrip supply, many sectors are concerned about skills shortages and the so-called ‘brain-drain’, and what the market can do to avoid it. In our view, businesses must be aware of the needs and desires of the talent emerging from our educational establishments including schools, colleges and universities, so that young people can realise their career aspirations without leaving NI.”