DiscoverIrish Tech News Audio ArticlesSteady Hiring and Strong Contract Extensions in Q3 as Budget Buckles Pay Expectations
Steady Hiring and Strong Contract Extensions in Q3 as Budget Buckles Pay Expectations

Steady Hiring and Strong Contract Extensions in Q3 as Budget Buckles Pay Expectations

Update: 2025-11-05
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New data from Matrix Recruitment for Q3 2025 has revealed that workers in Ireland are prioritising stability, flexibility, autonomy, upskilling, and culture despite economic uncertainty and geopolitical unrest.

Despite a seasonal slowdown in manufacturing and construction, finance, healthcare, and engineering remained resilient. Contract and temporary role renewals soared, signalling a "wait-and-see" approach taken by employers awaiting the 2026 Budget, which was announced on October 7.

"Employers are now taking stock," says Breda Dooley, Head of Recruitment at Matrix Recruitment. "They're managing costs, protecting key skills, and focusing on retention. It's more of a recalibration built around flexibility and foresight than a hiring freeze from what we've seen."

Contract Economy Continued

The Matrix Recruitment data confirms that contract and temporary extensions increased during the third quarter, particularly within the finance, engineering, and healthcare sectors.

"Contracting is a deliberate strategy," Breda explains. "It allows employers to maintain output, manage uncertainty, and respond quickly to project demand without getting locked into long-term commitments with new permanent contracts."

Workers are reaping the rewards of contract work, with experienced contractors leveraging the renewed demand for flexible expertise with strong daily rates and a balanced work schedule being an attractive draw. This all leads to a more agile labour market that supports the business continuity and workers alike.

Long-term Strategy

Employers were also seen to be shifting focus from external acquisition to internal development. This involves upskilling and mobility programmes, which have rapidly become a critical retention tool.

"Companies that invest in their people through structured learning and recognition are seeing measurable improvements in morale and performance," agrees Breda. "Upskilling is not just a training exercise; it's a long-term competitiveness strategy."

Matrix Recruitment notes that many organisations are introducing career-path frameworks and mentorship schemes, particularly at the mid-management level. Breda noted that this area is where turnover has been most acute. This also backs succession planning and lessens the need for short-term cover.

Candidate Priorities

Hybrid and remote arrangements are increasingly being viewed as standard expectations rather than optional benefits, says Breda, who warns that employers who can accommodate flexible patterns are outperforming competitors in both attraction and retention.

"Work-life balance is now a key currency," Breda explains. "Candidates are prioritising shorter commutes, hybrid options, and supportive cultures over headline salary figures. Companies that recognise this are securing better talent and higher acceptance rates."

Even as salary inflation eases, benefits packages, wellbeing initiatives, and authentic workplace culture remain critical to secure top-tier performers.

Regional Outlook

Matrix's regional offices in Waterford, Carlow, and Athlone report particularly strong engagement among mid-level professionals looking for hybrid roles close to home.

The Midlands and Southeast continue to attract investment in logistics, renewable energy, and advanced manufacturing, supporting job creation in comparison to Dublin's crowded job market. That said, the financial, legal, and tech sectors saw a mild slowdown versus Q2.

"This was due to several multinational companies pausing their expansion," explains Breda. "Nevertheless, according to our data, regional recruitment sentiment remains stable as we approach year-end."

2026 Roadmap

Matrix Recruitment anticipates a late-year uptick in hiring across supply chain, finance, and healthcare. According to the data, a balanced hiring market is predicted for 2026, with moderate growth predicted across professional services, life sciences, and infrastructure. However, there will be heightened competition for highly skille...
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Steady Hiring and Strong Contract Extensions in Q3 as Budget Buckles Pay Expectations

Steady Hiring and Strong Contract Extensions in Q3 as Budget Buckles Pay Expectations

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