Ireland’s unemployment rate stood at 4.8 percent in February 2020, compared with 5.0 percent in the corresponding month of 2019 (source). Now, over four months on, it’s difficult to quantify how many people face unemployment. So, if you are now job hunting amid Covid-19 here are a number of tips and actions to keep in … Continued
Choosing amongst the best finance recruitment agencies in Dublin
If you are at the stage in your job search where you have successfully shortlisted 5-10 of your preferred finance recruitment agencies in Dublin, congratulations!
Use this process to choose amongst finance recruitment agencies in Dublin.
Given the sheer volume of these agencies that you are bombarded with, you’ve already taken a major step towards securing your next employment. However, the next step here is to narrow that list down further to select the agency (or agencies) that is/are best for your particular profile. Over the long term, this will save you the trouble of coordinating multiple agents and filtering through non-relevant jobs sourced to you. Some ways that this can be done are as follows:
#1 Identify their employment types
Some agencies have niche specialty areas wherein they are proficient at placing candidates in part-time or contract roles with companies that need labour on more of an ad-hoc basis. If you are looking for a full-time role complete with benefits and all the other bells and whistles, then you would probably want to resist these agencies and focus your efforts on agencies which prioritize full-time work.
#2 Define their recruiting specialties
Within finance, you may have diverse areas that firms may recruit for. For example, some finance recruitment agencies in Dublin have a stronger bias towards financial services roles (banks, insurance firms, pension funds etc.) while other agencies source more roles in corporate finance and/or financial planning and analysis. Even within financial services sometimes, you may find that some firms are geared towards the capital markets while others largely recruit for wealth management roles or such. Depending on your background, it would be favourable to go with the finance recruitment agencies best suited to land relevant offers for a multitude of reasons:
- The recruitment consultants will be more knowledgeable about the hiring process and expectations, which can help position you better during the interview phase.
- The firm will have stronger networks and brand recognition within the circles that you want to be applying to, which increases your chances of securing an interview.
To find out about each firm’s individual specialty, the best way to go about it is to pick up the phone and ask them about their clients and employment statistics across industries directly. Websites may also be a useful tool, but it is pertinent to note that websites are essentially a marketing tool that may inflate a firm’s credentials in a specialty area.
#3 Niche vs. Mass Market
In this scenario, niche can mean multiple things. Recruitment agencies can be niche or mass market by their regional, industry or seniority level focus. For example, one agency in Dublin specialises purely in senior banking executives based out of the United Kingdom. If your experiences are concentrated within one of the above three verticals, then finding an agency which aligns with such experiences can greatly catalyze your job search.
On the other hand, mass market firms may also be advantageous if you have had diverse experiences. Ultimately, it comes down to how wide or narrow you want your scope to be when looking for a new job.
#4 Ancillary Services
As an added incentive, some firms offer additional complementary services such as resume reviews, cover letter reviews and interview preparation to help their candidates position themselves best for the jobs that they want. While this shouldn’t be a prerequisite for selecting a recruitment agency by any means, you can potentially use this as a justification for going for one firm over another.
#5 Employment Statistics and Salary Ranges
[perfectpullquote align=”right” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]The bottom line here is that your priorities need to be firmly established in your mind before you seek out the agency or group of agencies for your needs.[/perfectpullquote]
If you are urgently looking for a new job, then perhaps an employment agency that is focused on contract positions can be a viable solution. These agencies typically tend to have shorter lead times for candidates to be placed as there is a lower commitment on the part of the firm compared to full-time roles. If on the other hand, you are looking for roles within a specific salary range and are willing to wait it out a bit longer for the right opportunity to arrive, then a recruitment agency that has a track record of those salary ranges might be worth partnering with.
The bottom line here is that your priorities need to be firmly established in your mind before you seek out the agency or group of agencies for your needs. Once you are aware of what you want and what is a nice-to-have, but not a need-to-have, your search can be narrowed and simplified substantially.
At Lincoln, we have been the top choice amongst finance recruitment agencies in Dublin for over 10 years. Our finance recruitment team in Dublin is fully equipped with up to date intricate market knowledge, local expertise, renowned professionalism and exceptional service levels; to matching our candidate’s aspirations to their ideal job, and in providing high calibre talent solutions to our clients. Get in touch to find out more.
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