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Irish Funds Market Update – COVID 19 BCP Plans

by | Mar 24, 2020 | News

Irish Funds Market Update – COVID-19 BCP Plans

We are currently experiencing a unique time within the Irish Funds Industry and we wanted to put together a brief market update.

It’s been a very busy period for HR Professionals, Business Leaders, IT and Operations staff with firms implementing their COVID 19 BCP plans over the last 3 to 4 weeks.

The plans were implemented during a surge of market activity and with 75% of the industry now working remotely, you would have to say the planning and execution of the contingency plans has been hugely successful.

Market Trends:

  • Recruitment activity has slowed down which is understandable, firms initial short-term focus is to make sure BAU activity is operating efficiently and smoothly.
  • Clients we are working with are still actively recruiting high value and critical hires. Interviews will be conducted via VC or telephone.
  • Candidates who are due to start in March or April will start on contract commencement date. They will work remotely or will have to wait until the business are able to set them up.
  • We have seen an increase in activity form Irish Candidates who are working abroad thinking about moving home.

Market Predictions:

It’s hard to say, our view is to take it a day at a time. On behalf of everyone here in Camden Recruitment Partners, may you and your family stay safe and healthy.
We are here to support and offer guidance to you throughout this time of uncertainty.

Contact:

If you have any questions or concerns, please feel free to get in touch with us at hello@camden.ie.

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