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Irish Talent Shortages Deepen as Firms Suffer Worst Talent Shortage in a Decade.
Talent Shortage Survey 2020Now in its 13th year, the Talent Shortage Survey finds that from over 1,000 employers across Ireland, the Skilled Trades sector (electricians, welders & mechanics) is suffering the most acute talent shortage. Sales & Marketing (sales reps/managers, graphic designers) remain the second hardest positions to fill, consistent with 2018; while the Office Support sector (administrative assistants, PAs, receptionists) rises in the talent shortage rankings from eighth in 2018 up to third hardest to fill roles this year.The skills gap increased by more than five times over the past decade; jumping from 5% in 2009 to 27% in the latest survey. Organisations with over 250 employees are experiencing the most notable skills deficits: 75% are unable to fill their open roles. Conversely, organisations with less than ten employees fare much better in the war for talent, with only 18% reporting difficulty in filling roles.Click here to download the full Talent Shortage 2020 infographic.The skills gap increased by more than five times over the past decade; jumping from 5% in 2009 to 27% in the latest survey. Organisations with over 250 employees are experiencing the most notable skills deficits: 75% are unable to fill their open roles. Conversely, organisations with less than ten employees fare much better in the war for talent, with only 18% reporting difficulty in filling roles.
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How Blockchain can disrupt recruitment and HR
What’s the next step in the technological revolution? Blockchain technology The recruitment industry is constantly evolving alongside technology. It wasn’t long ago when traditional paper based applications were the only way to apply for roles. Now we have the convince of digital based systems and even more recently cloud based professional networking platforms like LinkedIn. Social Talent have a great infographic on the evolution of technology in the recruitment industry you should check out. Blockchain is the foundation of the digital currency Bitcoin however there are far more applications that blockchain technology can be utilised to help improve many industries. To put it in simply Blockchain and Bitcoin are not the same. Bitcoin uses blockchain technology but blockchain can be used in many different contexts which have nothing to do with bitcoin or cryptocurrencies.The technology behind it all is quite complicated but the blockchain is a secure public ledger which gives participating parties a way of validating the information related to a transaction. In doing so, it speeds up the process and cuts out any middlemen. A good example is in the banking sector. If you send money to a friend, you usually have to use your bank, who then sends it to your friend's bank. The ledger of your bank will show the money being taken out. The ledger in your friend's bank will show the money being put in to his account. But without a bank, how would you send money over the internet? Instead of "trusting" the banks to do the work, you can use a public blockchain, which doesn't rely on trust of any entity except the blockchain itself. It's a distributed ledger that is made in a way so that if a fraudulent transaction is attempted, or someone tries to "spend" the same token-of-value twice, the blockchain will by public consensus reject the transaction. It's a form of "trustless trust", and does not need big institutions like banks to work. This is known as a Smart Contract which can be defined as a virtual agreement of a transaction/exchange of goods or assets that may or may not involve money. Its main role is for two parties to conduct a business transaction/trade, that can be digitally self-executed and self-enforced, acutely eliminating the need for a ‘middleman’. This would transfer power away from those who currently manage or verify transactions – a seismic change to the way the world currently operates.The traditional contract like those created by legal professionals today, rely heavily on middlemen or third parties be it for validation, review or authentication. There is also risk of loss, destruction or theft. A smart contract eliminates all that.The blockchain technology makes the same problem autonomous. Since it is based on a decentralized ledger, there is no chance of theft as several copies exist on various computers that host the blockchain. Any change induced by a party, results in the other party(s) being alerted instantaneously. A Smart contract saves time, conflict and is cheaper as the middlemen are cut out and therefore there are no commission expenses.4 ways which Blockchain can improve the HR & recruitment industry.A blockchain is a distributed, shared digital ledger made up of a trail of validated facts. These facts can be anything from money to information. As part of this digital system of record keeping, each transaction and its details are validated and then recorded across a network of computers. Everyone who has access to the distributed ledger receives this information, and the parties agree on the accuracy before the block is replicated, shared and synchronized among the entities. A blockchain is virtually impossible to tamper with since each block of information references the block before it.In an age when trust is both elusive and held at a high premium, blockchain's appeal is soaring since it presents a way to confirm, validate and authenticate both values and events. In human resources, talent identification, selection, and processing require employers and employees to engage in a lengthy process of data verification. From verifying the candidate’s educational qualifications to work experience, including consulting referees, this can be time-consuming during staffing. As seen in another use cases: once the record is created by the source and stored in ‘a block’, an HR system could link to that record and digitally accept its authenticity.According to HR Technologist, “Oracle has applied for a new patent related to the blockchain — one that harnesses the crypto technology for bettering workflow efficiency. The patent is titled ‘managing highly scalable continuous delivery pipelines,’ and talks about leveraging ‘pipeline blockchains’ to serve as distributed information points for product delivery flows.”Subramanian Iyer, a senior director with Oracle, has commented on how blockchain-based smart contracts could simplify onboarding and help organizations get new hires up to speed in less time. It seems that the company is now ready to move at full speed in that direction.
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The Irish Pharmaceutical Industry: A brief look at the past and present
58 years ago Leo Laboratories set up a manufacturing operation in Dublin; unknown to them they would be the first ‘early adapters’ of Ireland's pharmaceutical industry. The industry started by being mostly involved in producing active ingredients and raw materials in bulk for export to other countries to be processed into the final products (pills, capsules, tablets). Over time it made more economic sense to finish production in Ireland. Fast-forward to the present day and Ireland is home to 9 of the top 10 pharmaceutical companies in the world. Ireland is the eighth largest producer and the fifth largest exporter of pharmaceuticals globally; 120 pharmaceutical companies have bases in this country; and 33 pharma and biopharma plants are FDA approved. The industry now contains over 160 foreign and national companies and directly employs approximately 25,000 people and it also indirectly employs a further 25,000. The Irish pharmaceutical sector has continued to grow year on year with commitments to incorporating the latest technology, state of the art equipment and strict quality control efforts. A brief timeline of the Pharmaceutical industry in Ireland. • 1959 – Leo Laboratories set up Ireland’s first manufacturing operation • 1960’s – Manufacturing begins to grow in Ireland, with a focus on Active Pharmaceutical Ingredients (API) • 1990’s – Shift towards high value secondary manufacturing OSD/Vaccines among others • 2000’s – Ireland established as location of choice for biopharmaceutical operations with set up of the world’s largest bioprocessing facility by Wyeth in Grange Castle • Today – Ireland is the world’s largest net exporter of pharmaceutical products. 50% of all of Ireland’s manufactured exports are pharmaceutical products. Current issues and opportunities The one thing we can be certain of in a time of Brexit, Trump is uncertainty. Despite the challenges faced on several fronts, we believe that Brexit presents potential. For example, Ireland has already in the running to host the London-based European Medicines Agency (EMA) after Brexit. This is a huge move for all parties involved as the EMA is known as the body that oversees the medicine regulations across all of Europe. Competition is high with over 20 countries bidding to host the EMA after Brexit however Ireland may have an advantage with its high quality workforce and also because English is the working language of the EMA. This is very beneficial from an Irish perspective as it could help EMA hold on to most of its 900 staff compared to elsewhere in Europe. If the EMA moves to Irish shores it could help strengthen Irish interests in terms of future direction of policies and regulations. It’s also important to note that the agency also requires IT, business and financial staff. As Dublin is steadily becoming the digital hub of Europe the availability of talent is here. Ireland could also benefit from an increase in EU research funds as the UK will not be eligible for such opportunities after Brexit. There is a good chance that Ireland can attract the best research talent in the UK. Brexit will also result in a bigger barrier in attracting the best talent from overseas as they will require a work visa. This can have a major effect on the UK’s life science research and innovation as many of the EU’s most talented were attracted to the UK’s cutting edge science hub, which will now see reduced levels of funds and talent. From an Irish perspective, there is an opportunity to attract the talent to these shores by it’s booming life-sciences sector. Political issues President Trump has recently signed two executive orders for a study into unfair trade practices and also for the collection of duties from countries selling products into the United States at low prices. Ireland is currently ranked as the country with the fifth highest trade surplus with the United States, with the country registering a $36 billion surplus with the US last year. What this means is that Ireland sells a lot of its pharmaceutical manufacturing products to the US and in return Ireland does not purchase as much US goods resulting in a trade surplus of $36 billion. The Trump administration is also planning to shake up the tax system in the US, with an aim to reduce the corporate tax rate from 35% to 15% in an effort to stimulate growth in the US economy. If enacted, this would significantly reduce the tax advantage for US companies to establish subsidiaries overseas. This could lead to a slow down of FDI into Ireland and potentially make it a less attractive place to do business. Ireland still holds many investment incentives which are aimed at solidifying Ireland as a hub for innovation. These incentives include no tax paid on earnings from intellectual property which encourages huge R&D developments in Ireland. There is no stamp duty on intellectual property rights and there is also a R&D tax credit for organisations who are undertaking new or additional R&D initiatives in Ireland, helping with wages, overheads, plant/machinery and buildings. On St Patrick's day, talks were held between Taoiseach Enda Kenny and President Trump during their bilateral meeting at the White House. Enda Kenny emphasised the two way nature of Irish-American trade in which he explains the high numbers of Irish companies in the US which employ thousands of Americans and also that Ireland possesses a huge trade surplus in services with the US which benefits America. Even if President Trump decides to bring more of his manufacturing back to the states, these companies need an international base to help sell and distribute their products globally and to also gain access to top international talent which is essential to serve the global markets. Posted on: 25/05/17
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Permanent or Contract?
Your full potential can’t be captured in a CV, job title or job description. That’s why we’ll get to know you and build a detailed understanding of your unique talents, experience and interests, so we can match you to the right positions and accelerate your professional success. We offer opportunities across both contract and permanent work, and each type of employment comes with its own benefits and downsides. It’s important you get a good understanding of the advantages and disadvantages of each type of employment. Here’s an overview of what you can expect: Contractor Roles Companies across all industries look to contractors for specialised expertise and the flexibility to meet fluctuating business demands. As the workforce is dynamic and constantly changing, we support organisations of all sizes in recruiting for large numbers of contract roles. Contracting offers immediate work benefits, while providing a lasting career impact. It promotes professional growth and offers you the flexibility to have greater control of their career development and lifestyle. Most employers provide benefit packages, often including health insurance, disability insurance, paid time off and pension schemes. However, as an independent contractor, you won’t be offered any of these benefits by companies that use your services and will have to purchase them on your own. It’s not all bad news though - contractors are likely to command a much higher daily rate than the salary equivalent. Generally, contract work is paid either at an hourly rate or as a flat fee for a job. The disadvantage of an hourly rate is that there is no guarantee of steady, working hours and your income may fluctuate wildly. While you’re contracting, you’ll need to keep your own financial accounts – but fear not, we offer our contractors access to expert advice on this. Each new contract assignment provides an opportunity to gather new skills, grow in experience, gain exposure to various industries and organisational cultures, and expand your professional network. You’ll have access to numerous opportunities and more chances of finding work that inspires you. With each experience, your marketability will grow and your career will continue to accelerate. Permanent Roles In today’s uncertain economy, permanent roles offer a level of job security and a structured working environment which appeals to many. It facilitates long-term career growth and builds continuity - providing employees with the opportunity to develop invaluable experience within an organisation, and opens the door to opportunities for career training, development and job progression. Permanent workers are often offered a number of benefits, including holiday and sick pay, along with a range of other incentives. While working in a permanent role, you may have difficulty achieving and maintaining a work-life balance; whereas contractors often have greater flexibility in when, where and how they work. For example, permanent employees may be expected to be in an office during set business hours, where a contractor may work from home or another remote location, completing specific tasks rather than punching a time clock. This creates a greater degree of personal freedom. At Experis, we want to know what makes you tick and what’s really important to you and your career. We tap into our extensive client network, open the right doors, and promote your qualifications. If you want to develop your career, we will help you find that next permanent position that lets you soar. Posted on: 19/04/17
Infrastructure jobs
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Permanent
Network Engineer
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CISO Security Platform Engineer - SRE
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Manufacturing Filling Manager - Aseptic
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Infrastructure Security Engineer
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Infrastructure Security Engineer
Dublin
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