Indeed begins advertising first of 500 new positions in Ireland

Recruitment website Indeed is set to almost double headcount at its European headquarters in Dublin by taking on an additional 500 staff over the next two years.

The company, which opened its first office in the capital in March 2012, currently employs 530 people in Ireland, having previously announced 300 new jobs in November 2015.

Indeed said it has already started recruiting for staff across a number of different areas including sales, client services, HR, business development, marketing, finance, strategy and operations.

"Having our EMEA (European, Middle East and Africa) hub in Dublin is the natural choice given the large pool of high-skilled talent both locally and from the rest of Europe," said company president Chris Hyams.

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“We now have 530 employees, representing 19 nationalities in our Dublin office. We look forward to growing our presence here in Dublin and continuing to work every day to help even more people get jobs all over the world.”

Many of the positions have already been advertised on the company website and are to be “aggressively filled” over the next two years.

They represent a doubling of the firm’s entire workforce across all areas, with opportunities already available in finance, IT, aggregate quality or engineering and in within its legal department.

Salaries in higher-end senior positions will extend into six figures while the minimum entry will require two to three years’ experience and are expected to offer starting salaries in the region of €40,000.

"We have continued to just grow and grow our penetration in markets so this is really a signal of being the number one job site in the world and driving more revenue," a spokesman told The Irish Times.

More than 200 million people use Indeed each month to search for jobs, post CVs, and research potential employers.

The company was co-founded by Paul Forster and Rony Kahan in 2004 and now has sites in over 60 countries and 28 languages.

Its dedicated Irish site has over 800,000 unique visitors each month with traffic having increased by 40 per cent in recent years as the economy rebounded.

Indeed recorded an 83 per cent rise in turnover to €144 million at its local operation in 2015.

However, a significant increase in spending on marketing and advertising and a jump in administrative expenses arising from increased headcount saw pre-tax losses more than double to €68.8 million from €33.5 million a year earlier.

Welcoming Wednesday’s announcement, Taoiseach Enda Kenny said Indeed’s “staggering growth” since its establishment in Ireland in 2012 was an endorsement of a strengthening economy.

“Ireland will remain a central and committed member of the EU and the single market and growing dynamic companies like Indeed can rest assured we will work continually to promote the opportunities of the European Single Market,” he said.