Market Update
In recent months we have witnessed an increase in recruitment activity across all sectors as companies begin to realize that they need additional headcount and talent after a sustained period of recruitment embargoes. Workloads and projects have been continuously mounting and many companies are now at the point where they need to take action. In many cases due to downsizing they do not have the talent or capacity to take on the workload so they now need to look externally.
Companies now have a pool of high caliber candidates available to them that previously would have been very difficult to source. Candidate’s salary expectations have moderated and they are also more flexible in terms of working arrangements and will now consider contract and part time roles. We can provide you with advice in relation to the best possible options available to your business to allow you to take advantage of this available pool of talent.
We at CAI understand the importance of the recruitment process to your business and that now more than ever that you want and need to get value for money. Our aim is to provide you with a professional, consultative and comprehensive recruitment solution whilst recognizing that your organization may be stretched in terms of time and resources. We understand how crucial this process is to your business and how much of an impact it can have.
The service can be tailored to meet individual company needs and provide a bespoke recruitment solution at very competitive rates.
Features of the ICAI Placement Service
- Provides companies with instant access to a database of 20,000 qualified chartered accountants
- Ability to advertise all vacancies on our website.
- E newsletter sent to Members on a weekly basis also features details of the vacancies currently on offer.
- Links with other international institutes and agencies providing access to further member databases
All of the above services ensure full market penetration and provides organizations with the reassurance that they have fully exhausted the market in their search for the right candidate. It allows CAI to achieve excellence in support of client organizations and Members and provide a comprehensive recruitment service.
Process Involved
- Agreement of terms of business (7.5% of the annual Salary)
- Submission of job specification
- Agreement of candidate profile
- Marketing of position to Members
- Screen and interview candidates
- Presentation of shortlist
- Scheduling of interviews
- Communication of interview feedback
- Co ordination of contracts
- Reference checking
- Agreement of start dates
Value Added Services
As a result of the constant contact with Members, CAI are very much in tune with the trends in the market including salary and remuneration levels, motivational factors etc and are a useful source of information to client companies and members alike.
The CAI placement service will act as an extension to your HR function and will provide you with valuable assistance in the area of drafting job specifications, advise in relation to the design and roll out of a recruitment process.
Non Executive Director Roles
We are often contacted by companies as part of their search to recruit Non Executive Directors. The typical profile of our senior members is often very suited to the requirements of these roles. To provide a more comprehensive service in this area we are in the process of building a database of screened members with the skills and competencies sought. We are very well placed to provide a market leading service in this area.
Rigorous Reference Checking
In the current market there is a much stronger emphasis on reference checking as companies endeavour to ensure that they recruit the most suitable candidate for the role and that bad recruitment decisions are minimized. We can design a bespoke reference check process specifically to suit your requirements. We will tailor the reference process explicitly to suit the role being recruited for and ask the most pertinent questions to ensure the most relevant information is obtained.
Overview
The service offered is of the highest standard and the CAI placement service acts as a conduit throughout the entire recruitment process ensuring high levels of professionalism and efficiency. In a challenging market it is important to represent your company at the highest level and to expedite the process promptly to ensure that as an organization you seek to attract and recruit the highest caliber candidates. This is where the CAI placement service can provide you with a competitive advantage.
Many organizations currently using the service have done so in the past and this demonstrates a high level of confidence in the chartered accountancy qualification and the service offered by CAI. A trend which has been seen over the years is that many members wish to recruit other fellow chartered accountants. When organizations recruit a chartered accountant they are assured of a high caliber finance professional.
Supporting Other Members
During these challenging times we should try where possible to support other fellow Members. If your organization is seeking to recruit a finance professional please support and promote CAI’s Recruitment Service by recommending that they contact-
Karin Lanigan
Careers Advisory & Recruitment Executive
Phone 01 637 7331
Email Karin.Lanigan@charteredaccountants.ie or careers@charteredaccountants.ie