Explore the future: In-demand STEM jobs and skills for 2024.


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2023-11-01 08:00:21

Table
  1. Discover the Most In-Demand STEM Jobs and Skills for 2024
    1. Technology Sector
    2. Engineering and Life Sciences Sectors
    3. The Future Outlook

Discover the Most In-Demand STEM Jobs and Skills for 2024

A recent survey conducted by Morgan McKinley highlights the growing concern among Irish employers about the shortage of skilled candidates in the job market. With 40% of employers expressing worries about this challenge, it is crucial to identify the most sought-after STEM jobs and skills for the year ahead.

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Technology Sector

In the technology sector, several roles are predicted to be in high demand in 2024. These include:

  1. Software Developer
  2. Web Developer
  3. DevOps and Cloud Engineer
  4. Infrastructure Engineer
  5. QA Engineer
  6. Cybersecurity Professional

Especially, cybersecurity professionals will remain highly sought after due to the approaching deadline for member states to comply with the updated NIS 2 Directive in October 2024. The rise of remote and hybrid work options is also expected to impact salary expectations in the tech industry, with some professionals willing to accept reduced pay in exchange for flexible work arrangements.

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Engineering and Life Sciences Sectors

In the engineering and life sciences sectors, the following roles are expected to be in high demand:

  • Quantity Surveyor
  • Site Engineer
  • Construction Project Manager
  • Process Engineer
  • Automation Engineer
  • ESG-Skilled Engineer

Notably, engineers with ESG (Environmental, Social, and Governance) skills will be in significant demand beyond 2024. Ireland's status as an attractive location for biopharma multinationals will continue to create opportunities for skilled workers in the industry.

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The Future Outlook

Looking ahead, Trayc Keevans, the Global FDI Director at Morgan McKinley Ireland, expects the salary landscape to remain stable for most professional fields, tracking closely with an estimated inflation rate of about 3%. However, it is important to recognize that certain niche positions and industries facing severe skills shortages may witness more pronounced salary increases of up to 15% for highly sought-after professionals.

Employers have also acknowledged the need to invest in internal skills programs and nurture existing talent to stay competitive in the market. With a discerning approach to recruitment, companies aim to make productive and value-driven hiring decisions while prioritizing employee expectations around flexible working practices, career advancement opportunities, and a supportive company culture.

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The survey reveals that 40% of Irish employers are concerned about the lack of skilled candidates available, which poses a significant challenge for talent acquisition and retention. Addressing this issue will require strategic solutions to overcome budget problems and offer competitive compensation packages to attract the best candidates.

As we look forward to the future, it is crucial for job seekers and employers alike to understand the evolving landscape of STEM jobs and skills in order to thrive in the rapidly changing market.

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