IT vacancies fall further

Pro

The number of new jobs advertised in the technology and telecoms sectors has fallen substantially since last year, according to the latest Bank of Ireland Business Banking Job Index.

Just 3.2 per cent of all positions advertised in Irish daily and Sunday newspapers in March and April 2003 were for jobs in the ICT sector. This marks a decline of 51 per cent and 60 per cent respectively of positions advertised in March and April 2002.

According to the BoI Business Banking Job Index, the professional, construction and healthcare sectors accounted for 50 per cent of all recruitment ads in Irish newspapers during April 2003.

Sales and marketing employees feel the pinch

Base salary levels for sales and marketing employees working in the local ICT sector have fallen dramatically over the last three years, according to a leading recruitment specialist.

Mark Mitchell, managing director of Mark Mitchell Sales and Marketing told ComputerScope that base salaries have fallen by as much as 40 per cent since the peak of the IT boom in 1999. However, he said that common benefit packages are still being offered to candidates.

Speaking after the recent launch of the recruitment firm’s 2003 salary survey, Mitchell said: ‘in broad terms, the last two years have been the toughest in history within the technology sector. We did see signs of recovery in the first quarter of 2003 with a reasonable number of firms beginning to recruit again. But the types of salaries being offered are somewhat down, varying from 15-40 per cent compared to three years ago’.

According to Mitchell, fringe benefits such as pension schemes, health insurance and company cars are still being offered to sales and marketing candidates. ‘Extensive benefit packages have now become standard tools of the trade and therefore many employers are continuing to offer them to candidates,’ said Mitchell. ‘However, these don’t tend to include so many share options as they once did.’

Salaries for sales and marketing employees in the ICT sector

Sales Director: EUR76-140k
Marketing Director: EUR76-116k
Sales Manager: EUR50-78k
Marketing Manager: EUR50-69k
EMEA Channel Manager: EUR50-80k
Product Manager: EUR42-57k
Business Development Manager: EUR40-70k
Direct Marketing Manager: EUR40-51k
Corporate Account Manager: EUR34-55k
Market Research Manager: EUR43-58k
Sales Executive: EUR22-35k
Marketing Executive: EUR25-38k

Source: Mark Mitchell Sales and Marketing

Outsourcing the way forward for HR directors

HR Directors are increasingly turning to service providers to manage complex business processes, according to a recent study from IDC.

The research company says that a growing proportion of Human Resource spend is being allocated to specialist HR service providers. IDC forecasts that the European human resources management services market will grow at a compound annual growth rate (CAGR) of 7.5 per cent from 2002 to 2007. The firm expects the market to rise from $20.9bn (EUR17.5bn) in to $29.7bn (EUR24.9bn) during this time period.

According to Mike Friend, senior research analyst for IDC’s European Services, companies are turning to outsourcing HR processes because of the increasing costs of developing in-house process expertise.

17/07/2003

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