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Services
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Aviation Advisory
Our dedicated Aviation Advisory team bring best-in-class expertise across modelling, lease management, financial accounting and transaction execution as well as technical services completed by certified engineers.
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Business Risk Services
Our Business Risk Services team leverage our risk, internal audit and technology subject matter expertise to critically assess your governance, risk and internal control mechanisms, thus helping you to better manage risk and enable more informed decision making.
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Consulting
Whatever your business needs, our Consulting team can help you to move forward and identify and implement major transformations efficiently and effortlessly.
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Financial Accounting and Advisory Services (FAAS)
As organisations expand into new markets or undertake functional financial transformations, the challenges faced by their accounting and finance teams become more complex. The Financial Accounting and Advisory Services (FAAS) team at Grant Thornton is a multi-disciplinary team that designs and implements creative solutions to address these complexities.
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Fintech
Our Fintech team will be offering you an opportunity to sit with our experienced consultants to discuss your challenges.
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Forensic Accounting
Organisations may undergo some type of dispute or internal investigation during their lifetime. Our Forensic Accounting team can seek evidence that can make the difference between finding the truth or being left in the dark.
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Risk Advisory
Our Risk Advisory team delivers innovative solutions and strategic insights for the Financial Services sector, addressing disruptive forces, regulatory changes, and emerging trends to enhance risk management and foster competitive advantage.
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Sustainability Desk
We recognise that businesses are operating at different levels of maturity when it comes to sustainability, and pride ourselves on working with our clients to develop bespoke solutions to their exact needs.
Our services can strengthen your business and stakeholders' confidence. You'll receive professionally verified results and insights that help you grow.
Expert-led tax advisory and compliance services for individuals and businesses in the Isle of Man, delivering practical, proactive and efficient solutions.
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Company tax
Our experienced corporate tax advisors work closely with your business to ensure full compliance and optimal efficiency. By understanding your commercial operations, we identify opportunities to manage liabilities, reduce risk, and strengthen your financial position through tailored tax planning and advice.
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Global mobility
Our integrated approach brings together specialists from tax, payroll and people advisory to simplify global mobility management. We help you navigate expatriate and international tax obligations while ensuring compliance and supporting your people through relocation.
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Indirect tax advisory and compliance
Transactional taxes such as VAT and customs can quickly become major financial exposures. Our Indirect Tax team helps you manage risk, ensure compliance across jurisdictions, and identify opportunities to streamline processes—protecting cash flow while maintaining transparency with tax authorities.
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International tax
Operating internationally introduces complex tax considerations. We collaborate across our global network to design efficient, compliant structures that align with your operational footprint and strategic priorities—delivering confidence and clarity across borders.
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Private client
Our Private Client team supports you through every stage of your personal financial journey. From residency and domicile planning to succession and wealth transfer, we help you minimise the impact of taxes such as income, capital gains and inheritance tax, ensuring your wealth is protected for future generations.
Grant Thornton were involved in a significant workforce survey taken in the greater Dublin area, across five counties during the month of January 2022.
Contents
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Workforce Challenges and Regional Implications
The results provide a good overview of workforce challenges and sentiment at the moment amongst employers. These findings could be equally applicable to the greater Belfast area and Northern Ireland.
Skill Shortages Impact Growth and Productivity
Companies surveyed are preparing for growth despite existing skill shortages within their teams. Alarmingly, 31% of respondents do not believe their organisation has the talent needed to achieve current objectives. Furthermore, 63% described the skill shortages experienced in the last year as either extreme or moderate.
The survey highlights significant impacts of these shortages:
- 39% report ongoing limitations to organisational productivity.
- Increased stress for leaders and staff morale issues.
- A reduced ability to deliver projects.
- Fewer opportunities for innovation and productivity growth.
The companies surveyed span a range of industries, including pharma, med-tech, food and beverage, IT, professional services, and manufacturing.
Rising Costs and Recruitment Challenges
Employers anticipate ongoing challenges in hiring talent, citing the following top concerns:
- A shortage of suitable candidates.
- Intense competition from other employers.
- Rising salary costs.
In response, 63% of organisations intend to increase salaries in the coming year. However, rising energy, transport, and material costs add further pressure to manage organisational budgets effectively.
Evolving Work Models and Employee Expectations
Remote and hybrid work arrangements continue to shape the workplace landscape. The survey reveals:
- 78% of organisations offer remote working options.
- 81% of employees work remotely at least part of the time.
- Only 26% of respondents are satisfied with a full-time return to the office.
The shift towards hybrid working is evident, with 77% of organisations planning to offer remote work in some capacity. The most common long-term hybrid model will involve remote working approximately 50% of the time.
Hybrid Work: A New Normal
Hybrid work offers potential benefits, including high employee engagement and time-efficient productivity. However, businesses must invest in training and support to maximise these opportunities and maintain a motivated workforce.
Sector-Specific Skill Shortages and Retention Issues
Skill shortages remain a significant challenge across sectors and locations, particularly in manufacturing, food, transportation, and tourism. SMEs face unique difficulties in retaining staff, with many employees leaving for larger corporations offering:
- Better pay and working conditions.
- Greater cultural diversity.
- Sustainable business models.
Attracting and Retaining Talent: A Nationwide Priority
To address these challenges, employers must focus on strategies to attract and retain talent, extending beyond the greater Dublin area to every region of the country.