logo
logo
Contact Us
info@engagepeople.ie
+353 (0)1 699 4530
Meet Us
'South Point', Herbert House, 11 Harmony Row, Dublin, D02 H270

2024 Employment Market Trends

Paul McClatchie

Go back to blog listing

The results of Engage People’s annual Financial and Technology Salary & Market Trends study is available now.

Our 2023 Salary & Market Trends Guide is the result of extensive research involving hundreds of Accounting, Banking, Insurance and Technology professionals and offers an in-depth insight into the current job market in Ireland. Inside you’ll find an overview of average salaries, an analysis of the latest hiring, workplace and technological trends, as well as expert commentary on the markets we operate within, including Accountancy, Banking & Financial Services, Wealth, Insurance and Technology. 

About This Study

For our 2024 Salary Guide, we have compiled data from:

  • Our independent survey completed by our carefully selected talent pool of respondents in Ireland. 
  • Analysis of all placements by Engage People.
  • Data from roles recruited by Engage People.

It is my pleasure to introduce you to the latest edition of our Financial and Technology Salary & Market Trends Guide, a vital resource for both hiring professionals and job seekers, providing an up-to-date analysis of salary and job market trends as of mid-2024. This year, we’ve gathered insights from our carefully selected talent pools, alongside an analysis of our placements and job board reviews over the past year. Thanks to this robust dataset, we
can present to you a comprehensive overview of our industry’s current state.

Despite a slight slowdown, the job market continues to be predominantly candidate-driven. Flexible working arrangements remain a high priority, with 87% of respondents having chosen flexible working as their most desirable job perk. We encourage an initial office-based period to foster strong working relationships and cultural understanding, generally followed by an arrangement of three days in the office and two days from home.


Flexibility now extends beyond working location. Providing it aligns with business needs, flexibility encompasses the ease of adapting work arrangements to better manage lifestyle commitments, significantly moving away from traditional 9-5 constraints. This is particularly relevant for roles suited to hybrid working. Our findings also reveal a trend in professional mobility, with employees typically seeking new opportunities after two years, indicating the importance of career development and advancement opportunities within a company. Our study reveals that 53% of respondents left their
previous jobs due to lack of career progression.

Despite the financial strains imposed by global events—with 28% not having received a salary increase in the past 12 months—the outlook is optimistic. A majority believe in impending pay increases and company growth and 65% feeling more secure in their role than the previous 12
months. The top trends in employee expectations have also shifted, with flexible working, additional annual leave (25+ days), and contributory pension leading as the most desired benefits. While there is an increasing expectation for employers to provide the opportunity to work from home, we are committed to communicating effectively to achieve alignment for both parties – the employer and the employee, leading to a more productive and sustainable relationship.

At Engage People, we remain committed to providing unmatched insights and opportunities within the financial and accounting sectors. We continue to leverage our extensive network, staying active in industry events, and maintaining constant communication to ensure access to top talent. Our approach is grounded in transparency, timely processes, and an intimate understanding of market dynamics and candidate expectations. We hope you find this year’s guide both informative and useful. Your feedback, suggestions, or questions are always welcome, as they help us refine and improve our offerings continuously.

Paul McClatchie
Director

As the Founder and Director of Engage people, Paul is an established leader in financial recruitment with over 20 years of recruiting in Dublin and Sydney’s top financial markets. Having established our talent agency in 2016, Paul has built a strong track record in the Senior Financial arena where he connects talent at Finance Director and CFO levels with some of Ireland’s best-known companies.