Our Business Consulting unit supports you in this process, is very responsive and delivers results quickly.
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.
Grant Thornton offers solutions to the digital risk issues you are sure to face. Our skilled and experienced security team can helping by advising and consulting, giving you peace of mind, clear value for money and an enhanced ability to react to attacks.
Forensic and Investigation Services
Organisations may undergo some type of dispute or internal investigation during their lifetime. Our Forensic and Investigation Services team can seek evidence that can make the difference between finding the truth or being left in the dark.
People and Change Consulting
The Grant Thornton People & Change Consulting practice works with clients on these issues, as well as assisting them on all aspects of how they attract, engage, retain, develop, deploy and lead their people.
Grant Thornton offers a broad range of actuarial services across life insurance, non-life insurance, and health insurance. Offering actuarial expertise and integrated services across the evolving data analytics and modelling universe, Grant Thornton provides access to its experts and international network.
At Grant Thornton, we have been immersed in the industry throughout a relatively recent period of unparalleled growth resulting in one of the largest aviation advisory teams in Europe. Through the vast experience we have gained, we offer leading expertise across our aviation advisory, aviation tax and aviation audit service lines.
The Grant Thornton Data Analytics team delivers expert solutions to these issues for clients across the banking and financial services sector.
Financial Services Consulting
We work closely with clients to understand their strategy and benchmark their performance against the very best international standards across both established and new players in the financial services sector.
Our Fintech team will be offering you an opportunity to sit with our experienced consultants to discuss your challenges.
FS Business Risk Services
Our FS Business Risk Services team comprises of professionals with real experience of the financial services industry, obtained through working within regulatory bodies or holding leadership positions in Risk, Compliance and Internal Audit functions.
Grant Thornton’s industry leading Prudential Risk team works with clients across the financial services sector on a range of areas including regulatory reporting, regulatory authorisations, on-site investigations and data quality assurance.
Our Quantitative Risk team members bring a wide range of experience with many of them having backgrounds in banking, investment markets, regulation, professional practice, and academia.
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. The prize that awaits those that can adapt to this new reality is a resilient business that can capitalise on the opportunities this change will bring, contributing to a better future for all stakeholders.
Our tax team is made up of highly experienced professionals who work with our clients to ensure they are compliant with all aspects of their corporation tax obligations by gaining a deep understanding of the businesses.
Global mobility services
Grant Thornton offer a different approach to managing global mobility. We have brought together specialists from our tax, global payroll, people and change and financial accounting teams
Our Indirect Tax team helps businesses manage their IOM, UK and global indirect tax risks which, as transactional taxes, can quickly become large liabilities.
We work closely with our colleagues globally to provide a seamless multi-jurisdiction service offering which ensures clients have an appropriate tax structure that mirrors what they are doing operationally – a key consideration in a world where it is no longer possible to separate a company’s tax and operational presences.
Our team of experienced advisors can assist and navigate you through the tax issues arising when establishing a business, moving to the Island, leaving the island, passing on wealth alongside residence and domicile issues. We can help minimise the impact that taxes, such as income tax, capital gains tax and inheritance tax, may have upon your personal wealth.
Contact our team
To learn more about our services, contact our team.
The results provide a good overview of workforce challenges and sentiment at the moment amongst employers, and could be equally applicable to the greater Belfast area and Northern Ireland.
Companies surveyed are preparing for growth on the back of existing skill shortages in their teams. 31% of respondents do not believe that their organisation has the talent needed to achieve their current objectives, and 63% described the skill shortages that they have experienced in the last year as extreme or moderate.
The impacts of these shortages are clearly called out in the survey findings, with 39% reporting that those skills shortages limit organisational productivity on an ongoing basis, directly impacting staff morale, increased stress for leaders, a reduced ability to deliver projects, and limiting the opportunities for productivity and innovation. Companies surveyed ranged from small and large SMEs to multinationals across over 14 sectors including pharma, med-tech, food/beverage, agri, IT, professional services, engineering, logistics, FMCG, manufacturing, construction, financial services and hotel-leisure.
Employers surveyed are concerned about the hiring challenges ahead, with a shortage of suitable candidates, competition from other employers, and rising salary costs quoted as their top three concerns. 63% of respondents reported that they intend to increase salaries in the next year, and this coupled with rising energy, transport, and material costs, will certainly raise some difficult challenges for organisations in managing their cost base.
Further findings from the survey showed that expectations and arrangements regarding how people work are changing. The prolonged experience of remote and hybrid work has altered expectations. Individual preferences, along with the Irish government’s commitment to legislate employees' right to request remote work, means creating mutually productive and satisfying hybrid work arrangements will be a pertinent issue facing business leaders and HR professionals.
Interestingly, the scale of workplace change is captured very clearly in this year’s survey; 78% of organisations offer remote working, and 81% of employees work remotely at least part of the time. Furthermore, only 26% of respondents report they would be satisfied with a full-time return to the office, and 77% of organisations will offer some a form of remote working going forward. The momentum is certainly on the side of ongoing, hybrid work arrangements.
The survey indicates that the most common longer-term hybrid arrangements will facilitate remote working approximately 50% of the time. The positive experience of remote work, along with the potential to scale up the training and supports, points to the potential of hybrid work to yield high employee engagement, alongside time efficient, productive working arrangements.
With new models of working widely available, the increase in salary levels driven both by a rise in inflation and competition for a smaller pool of talent, the landscape for attracting and retaining people has certainly become a more complex one. Skill shortages are a huge challenge for every sector and location. Most prevalent are the manufacturing, food, transportation, and tourism sectors. There is also a challenge for SMEs to retain staff, with many leaving to join larger, multi-national corporations attracted by better pay, work conditions, cultural diversity, and a sustainable business model.
Employers need to work very hard to both attract and retain their people, right across the country and not just in the greater Dublin area.