Sector: HR & Recruitment
GUEST COMMENT: Seven tips to get yourself headhunted
If you’re a financial services professional in Ireland unfortunate enough to have been made redundant in the last year, you’re still likely to find a frosty job market. The industry is practically unrecognisable from its peak in 2007; European banks have put the brakes on (or in some cases ceased trading), the majority of domestic [...]
Raising Ireland’s corporation tax would stem inward investment and economic recovery
Any increase in Ireland’s 12.5% corporation tax, a long-standing carrot to inward investment and – ultimately – job creation, would have to be forced on the country by the powers that be in the EU. At the time of writing, the European Central Bank was upping the pressure on Ireland to accept an EU/IMF bailout, [...]
Irish financial services facing a legal headache from disgruntled employees
The decision of around 90 employees in AIB’s capital markets division to take legal action against the bank over unpaid bonuses may just be the start of a long line of litigation around pay and benefits in Ireland’s financial sector. Staff within AIB’s capital markets division have started legal action against the bank after being [...]
Robert Half leaves Ireland, but are FS recruiters still feeling the squeeze?
Robert Half, the international recruitment firm, has taken the “difficult decision” to close its Irish operation. Is this a sign that hard times will continue for financial services recruitment, or is the company the exception rather than the rule currently? The financial services recruitment firm has confirmed that its Dublin office ceased operations two weeks [...]
Is the worst over for Irish FS recruitment firms?
Most recruitment firms focusing on the financial services sector have gone from feast to famine over the last year, with the previously buoyant funds industry grinding to a halt and the big banks enforcing hiring freezes. However, it’s tempting to conclude that they’ve turned a corner. Frank Collins, president of the National Recruitment Federation, Ireland, [...]
Best financial services firms to work for
Want to arrive at work on a Monday with a spring in your step and a smile on your line-less face? Best work for one of the Big Four accountancy firms then, apparently. Well, make that Big Three, as Ernst & Young was the only one of the quartet not to feature on the list [...]
Recruiters reeling from hiring freezes
Ireland’s financial services recruiters are bracing themselves for a period of belt-tightening as hiring freezes, counter-offers and a lack of candidates takes its toll. Last month Joslin Rowe, a major player in the financial services market, closed down its Irish operation. Belinda Walmsley of Joslin Rowe tells us: “The business volumes just weren’t there, the [...]
From HR to top bar
Surprise, surprise – HR isn’t a great route to the top of the financial services profession, despite this week’s elevation of Michael Grealy at Bank of Ireland Asset Management. Grealy, head of group human resources (HR) at Bank of Ireland since 2002, has been made chief executive of alternative investments in the capital markets division, [...]
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