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Will you get a pay rise in 2014? Over half of employees don’t think they will

The prediction is made in Cpl’s Employment Market Monitor Report, which also recorded a rise in the number of jobs posted last year.

THE NUMBER OF jobs postings rose in 2013, but employee and jobseeker sentiment remains weak, with over half either looking for jobs abroad or not expecting a pay rise according to a new report.

The latest Employment Market Monitor Report from recruitment agency Cpl recorded an overall increase in the number of jobs registered with their company in 2013, with a rise of 21 per cent year-on-year in the final quarter of 2013.

The report’s Job Index shows an average level of 150.5 last year, compared to the base year of 2011 at 100.

This is a rise of 32.1 points compared to 2012. The Index reached its highest level in November 2013 at 169.1 points.

2013 also saw a significant increase in the number of ‘Science, Engineering, and Supply Chain’ jobs posted.

An attitude perceived by jobseekers than an employer is more likely to hire someone who was already in employment, rather than someone who was unemployed was confirmed by those surveyed, with 71 per cent of employers saying they were likely to hire in this manner.

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The report’s Jobs Index. (Image Credit: Cpl)

However, just under half of those in the market for these jobs will be looking to emigrate instead.

37 per centhave already started looking overseas for employment. 10 per cent say they have no other option.

Cpl Director Peter Cosgrove said that the jobseeking experiencing right now is ‘very difficult’ and that many are “struggling with a feeling of employability”.

For those in employment, the report predicts that pay rises will become more common in 2014, and that just over 20 per cent of people will negotiate for an increase.

A similar number of those surveyed believe pay rises should be expected as standard.

However, 57.5 per cent say they will see no rise in their salary.

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(Image Credit: Cpl)

Read: Over 18,000 jobs created by Enterprise Ireland supported firms in 2013 >

‘Relentless push’: Government plans special Cabinet meeting on jobs early this year >

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