Building BusinessMomentum ConferenceAnne HeratyChief Executive OfficerCpl Resources plc24 May 13
Key Messages The single most important factor in terms of thedirection of the economy is employment Recent positive indi...
Cpl today A leading provider of specialist recruitment andoutsourcing solutions Network of 15 offices in 9 countries Ci...
Trends Impacting our Customers Business needs greater flexibility Variable cost workforce Companies do not want to “ove...
Past experience indicates that changes in demandfor temporary & contract staff lead changes in totalemployment by about 4...
 The single most important factor in terms of thedirection of the economy is employment Consumer spending, tax revenue, ...
 Since the start of 2011 net job losses of 10,000compared with 300,000 between 2008 & 2011 Employment growth of 1% in th...
Mixed Picture……..
Despite redundancies companies are experiencingtalent and skills shortagesContinuing trends towards jobs in services wit...
Challenging up-skilling and retraining agenda if thoseout of work are to be able to take up available jobsInvest in educ...
“Wherever talent goes, innovation, creativity &economic growth are sure to follow” (Florida R.)Make Ireland an attractiv...
Thank you for listening To contact: Anne Heraty | 01 614 6015 Anne.Heraty@cpl.ie
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Anne Heraty, Employment Market in Ireland May 2013

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Anne Heraty, Employment Market in Ireland May 2013

  1. 1. Building BusinessMomentum ConferenceAnne HeratyChief Executive OfficerCpl Resources plc24 May 13
  2. 2. Key Messages The single most important factor in terms of thedirection of the economy is employment Recent positive indicators, but the jobs crisis is notover Skills & education have the potential to shape theeconomy
  3. 3. Cpl today A leading provider of specialist recruitment andoutsourcing solutions Network of 15 offices in 9 countries Circa 80% of revenue in Ireland Diversified customer base – ICT, Healthcare, Retail, Pharma,Light Industrial & Services Placed over 5,500 people in permanent jobs in 2012 Finished year June ’12 with 7,853 people working on behalfof Cpl on client projects, an increase of 1,928 on the twelveprevious months
  4. 4. Trends Impacting our Customers Business needs greater flexibility Variable cost workforce Companies do not want to “over hire” particularly in timesof economic uncertainty To balance growing demand for products & services withfuture uncertainty many companies use temporary andcontract staff
  5. 5. Past experience indicates that changes in demandfor temporary & contract staff lead changes in totalemployment by about 4 – 8 monthsDemand for temporary & contract workers started toimprove in early 2011 and has continuedA positive indicator……..
  6. 6.  The single most important factor in terms of thedirection of the economy is employment Consumer spending, tax revenue, governmentspending (social welfare) move in tandem with therise and fall of employment Long term unemployment a real concern at circa 60%of total unemploymentEmployment……..
  7. 7.  Since the start of 2011 net job losses of 10,000compared with 300,000 between 2008 & 2011 Employment growth of 1% in the private sector in2012 Where are jobs being created?Recent positive indicators……..
  8. 8. Mixed Picture……..
  9. 9. Despite redundancies companies are experiencingtalent and skills shortagesContinuing trends towards jobs in services with ahigher demand for qualificationsRecent improvement in demand for permanent staff‘The Jobs crisis is not over’Many countries are experiencing the paradox of bothhigh overall unemployment and skills shortagesTwo speed labour market……..
  10. 10. Challenging up-skilling and retraining agenda if thoseout of work are to be able to take up available jobsInvest in education and skills developmentDemographics positive for IrelandIreland’s projected population growth is the fastest ofthe 27 EU countries over the next 15 yearsTechnology changing shape of workOpportunity for Irish workers to expand share ofglobal growthSkills & education will shape the economy
  11. 11. “Wherever talent goes, innovation, creativity &economic growth are sure to follow” (Florida R.)Make Ireland an attractive place for highly skilledpeople to workNo more increases in personal tax or tax onemploymentEncourage start-upsSupport emerging industriesDevelop the skills of the Irish workforce to bettermatch employers needsConclusion
  12. 12. Thank you for listening To contact: Anne Heraty | 01 614 6015 Anne.Heraty@cpl.ie

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