As we enter Q2, it remains evident that counteroffers continue to be prevalent within the accounting and finance sector in Dublin. Moreover, the perceived value of a digital signature relative to a wet signature is weakening. While digital signatures are generally legally recognised, there seems still to be instances where wet signatures hold greater weight. Traditional wet signatures have been widely used for centuries and are often associated with authenticity and trustworthiness.

The current trend in remote interviews, followed by the issuance of offers before in-person team meetings, and the use of digital signatures for contract signing have contributed to a diminished sense of reality in the hiring process. The absence of face-to-face interactions and the opportunity to establish personal relationships with the team members detract from the authenticity of the experience which has resulted in a number of back-outs.

Furthermore, relying solely on digital signatures rather than physical signatures weakens the perceived strength and significance of the commitment made by both parties involved.

Advice for clients:

After a candidate has accepted the job offer, it is crucial to promptly facilitate their integration into the organisation. This includes arranging a meeting with the team to foster relationships and establish a sense of camaraderie. This step holds significant importance as it enhances the candidate’s perception of the opportunity, making it more tangible and engaging.

Considering the swift pace of today’s market, it is advisable to act promptly upon identifying a promising candidate. Time is of the essence, and delays in the hiring process can lead to missed opportunities or potential candidates accepting offers from other organisations.

If you are experiencing the same as mentioned above, or to discuss how we can support your hiring processes in the current market, please get in touch with Director and Co-Founder Mark Fallon at mark.fallon@coopman.ie