Nearly half (46%) of surveyed employers identified budget constraints as the primary obstacle in hiring the necessary skills and talent for growth.
This was followed by a lack of qualified candidates (38%) and high competition from other companies (9%).
The findings from a recent poll by global recruitment consultancy Robert Walters, of 1,500 Irish professionals & employers, reveal that 71% of employers admit to hiring underqualified talent – employees lacking the full set of qualifications, skills or experience required for a job.
Only half (34%) are willing to invest in the training required to bring these new hires up to scratch.
In the second quarter of this year, Ireland’s employment rate hit 74.4% – the highest ever recorded.
In turn, this has led to increased demand for skilled professionals across all industries.
Suzanne Feeney, Country Manager of Robert Walters Dublin said the findings “highlight the concerning trend where budget constraints are causing the majority of Irish employers to …