IE
Company: EXPERTS
Could it be? A sector with bigger bonuses, rising salaries and prolific job creation
If job creation has been positive within Ireland’s funds industry in 2011, the next six months look set to be even better – 1,000 new roles have been predicted. What’s more pay is on the up and companies are even paying (whisper it) bonuses. Is all this too good to be true? Recruiters Marks Sattin’s [...]
Ireland’s banking crisis laid bare
Excessive remuneration, a lack of skills in the financial regulator, irresponsible lending and a “national blind-spot” for property acquisition were all to blame for Ireland’s distinctly “home-made” banking crisis. By now, the reasons behind Ireland’s banking woes should be evident to most people locally, but international experts have just released a highly critical report – [...]
Irish Nationwide still hiring in wake of €2.5bn loss
Proportionately, Irish Nationwide Building Society’s exposure to the commercial property sector is as big as Anglo’s. It’s also just reported a loss of nearly €2.5bn for 2009. Yet it is still looking to hire. The firm’s gargantuan losses are down to setting aside €2.8bn for loan losses, resulting from a period of reckless lending orchestrated [...]
Boom time for insolvency accountants
One of the unfortunate consequences of the Irish economy remaining in the doldrums last year was a massively increased rate of insolvency among businesses in the country. Sadly, this doesn’t look like abating in 2010, but the upside of this is increased job opportunities for accountants with expertise in this area. According to data compiled [...]
GUEST COMMENT: Why outplacement isn’t a waste of time
Requirements for outplacement services have mushroomed over the last 18 months in response increased redundancies across all sectors, including financial services. Essentially outplacement is a service offering support to employers and employees before, during and after redundancy. It can be delivered through a range of formats such as one-to-one coaching or group workshops and aims [...]
What happened to the rush of anti-money laundering recruitment?
Ireland has been dragging its heels over the implementation of the 3rd EU Money Laundering Directive for some time now. However, with D-day expected sometime in the second quarter of this year, you would have thought that domestic institutions would start stocking up on staff in this area. Unfortunately not. In October last year, Ireland [...]
GUEST COMMENT: Where are Ireland’s IT graduates?
Around Dublin, software companies are continuing to expand. But well over 50% of their new hires are from outside Ireland. Luckily, Ireland is an attractive place to work (and play), so finding these employees is no problem, at least for now. But how this continued growth in these darkening times, and why the shortage of [...]
You must comply
Demand for compliance staff in Ireland is surging following a slew of new rulings aimed at tightening regulation of the financial services industry. MiFID, or the ‘Markets in Financial Instruments Directive’ is at the forefront of the regulatory deluge. Imposed by the European Union and set for implementation by November 2007, it’s a complex piece [...]
HR to probe your fitness
At the start of this year, Ireland’s Financial Regulator introduced a so-called ‘fitness and probity’ regime in a bid to ensure senior individuals in the sector are competent and honest. Legal experts say the new regime, which governs the recruitment of directors and senior managers in the Irish financial sector, could have far-reaching implications for [...]
Poorer on pay, bigger on life
Irish investment banks are competing for staff by offering candidates a better work-life balance and fringe benefits, recruitment experts say. “Pay at Irish banks is pretty much on a par with foreign institutions but Irish banks traditionally have excellent benefits, such as their pension contributions, flexible working time and VHI (Voluntary Health Insurance),” said Siobhan [...]
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