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87% of Irish firms committed to hire in the next 12 months

Written by Robert McHugh, on 20th Oct 2015. Posted in Ireland

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A new survey undertaken by Enterprise Ireland and Deloitte shows that 87% of Irish firms are committed to hiring in the next 12 months. 
 
Furthermore, 93% of Irish companies stated that they intend to expand their businesses over the next year.
 
The survey was carried out in advance of the CEO Forum to be held in Dublin Castle on Thursday October 22nd.

Attendees were asked their views on the future of Ireland’s economy and their overall business sentiment towards jobs and growth.
 
The theme of this year’s CEO Forum is “Leadership for Growth”. The event will see over 300 of the country’s leading CEOs listen to key note addresses from Tommy Breen, CEO, DCC plc, Ciaran Murray, CEO, ICON plc, & Domhnal Slattery, CEO, Avolon, as well as other speakers and panellists including Minister for Jobs, Enterprise and Innovation, Richard Bruton TD who will address the conference on the impact of the Action Plan for Jobs.
 
CEO Enterprise Ireland, Julie Sinnamon  explained, "The survey results aren’t a major surprise to us in Enterprise Ireland.  The skills issue is one that is constantly raised by our clients as a key constraint.  

"In response, we have been helping Irish companies develop leadership capability, both of the CEOs and of their wider teams.  Continuing to win the ‘war for talent’ is a key determinant of success in international markets."

Managing Partner at Deloitte, Brendan Jennings added, "Our business leaders are both optimistic of the country’s strong potential for economic growth and of the ability of their firm to match or exceed that level - two-thirds (66%) of the business leaders questioned believe that their business will grow even faster than the Irish economy in the next 12 months.

"A staggering 93% of companies intend to expand their businesses over the next year which will almost certainly translate into jobs as 87% are also planning on increasing their workforce.  All of which bodes well for the economy."
 
Source: www.businessworld.ie 

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