Firms want to keep the staff they have and are more than willing to make good salary counteroffers to stop talent leaving
Eoin Connolly, operations director of recruitment firm Morgan McKinley, has seen it all regarding recruitment over the last four years. Early in the pandemic, there were real fears for the job market. But as time went on, companies, especially those in technology, became incredibly confident, and a hiring frenzy began.
That frenzy slowed down in the aftermath of the pandemic as rampant inflation and Russia’s war in Ukraine sapped business confidence.