Sector: Industry & Commerce

AIB staff exploring other opportunities as job cut fears mount

Another week, and another suggestion that Allied Irish Bank is set to make significant redundancies. Not surprisingly, staff within the bank are getting itchy feet. Reports that the sale of AIB’s UK business has been put on hold after failing to get any decent bids will not be welcomed by its employees in Ireland. This [...]

By Paul Clarke, 2 November 2010 • 0 comments

Salary increases at Anglo are the preserve of the lucky few

Anglo Irish’s decision to award 70 staff ‘modest’ pay rises is not only out of kilter with continued poor results at the bank, but is also unreflective of salary trends in the country’s financial sector generally. The move to award salary increases to 40 staff in Ireland, 20 in the UK and 10 employees in [...]

By Paul Clarke, 24 March 2010 • 2 comments

Does Ireland have sufficient expertise if green investment really takes off?

The government is anticipating that green investment could create a massive jobs boom within the International Financial Services Centre over the next ten years. But does Ireland have sufficient expertise for these roles, or will it have to look to overseas talent? Eamon Ryan, the minister for communications, energy and natural resources, is this year [...]

By Paul Clarke, 12 January 2010 • 0 comments

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 [...]

By Paul Clarke, 7 January 2010 • 0 comments