The 2024 Quarterly Vickerstock Northern Ireland Report paints a complex picture of the market conditions in Northern Ireland over the last quarter. There have been record highs with job advertisements and open vacancies, however, the challenge remains surrounding the availability of skilled labour. It remains very much a candidate-led market where demand outweighs supply. While there have been some sectors, particularly within manufacturing that have reduced hiring, there remains an overall appetite for experienced talent across the industry.
In this climate, companies need to sharpen their competitive edge. To attract top talent, it’s crucial to understand and meet the evolving needs of the workforce. Being proactive, enhancing benefits, embracing flexibility, and prioritising employee development, will keep your organisation top-of-mind for candidates. Some businesses may resist these changes, but in a market where competition for talent is constant, agility and adaptability are key to winning the best hires.
The final quarter of 2024 offers companies a crucial window for their 2025 hiring plans, it offers a chance to adapt, innovate and prepare.
If you have the opportunity to do it now, then take any competitive advantage you can get ahead of those who will be coming for the same talent.
