June Newsletter 2023 - Again -Déjà vu?…

Jun 01, 2023

Thanks to several of our eagle-eyed readers who spotted that we incorrectly labelled last month’s newsletter as ‘June’ – we blame heatstroke.  Speaking of which, is there really such a thing as ‘exam weather?  This year’s exam students would certainly subscribe to the theory, but at least they are over with only one of the maths papers raising any eyebrows.  I can hear the sigh of relief from households across the country!

June wasn’t a great month for international leaders with Putin facing a very modern Russian Revolution, Trump in court, Boris sanctioned and resigning his seat and Nicola Sturgeon arrested as part of a funding scandal.  Sad news too about the sub that imploded while visiting the wreck of the Titanic. Would you have taken that risk?

Business outlook…

Interesting report out from Deloitte which is headlined by ‘green shoots’ and increased confidence among finance professionals.  However what jumped out for us here at PeopleSource was that the number one challenge facing CFO’s is listed as ‘Retaining and Attracting Talent’ – 87%.

This month also saw the release of the EY FDI attractiveness report – This Silicon Republic Article summarises it nicely.  ‘Of all the FDI companies that are here, 71pc said they plan to increase their investment in Ireland in the coming year. Almost half (46pc) said they expected Ireland’s attractiveness for FDI to increase over the next three years. Overall, less than one-fifth (18pc) predicted it would decrease.’

We came across these informative cheat sheets over the month 
Transfer Pricing 
KPI’s for CFO’s 
Start ups 

We also liked this article from the Harvard Business Review on the link between ‘trust’ in an organisation and its efficiency and performance. The headlines at home have screamed ‘showbiz’ but the issues at the heart of RTE are closer to home for readers of this newsletter - transparency, reporting, audit and governance.  This will run for a while…

Out for a scroll…

- Did you know that July 11th is World Population Day? Catch all the UN observed days here and see what you share your birthday with! 
- What better time to visit Fota Wildlife Park than their 40th birthday year 
- Thinking of a short break? Why not attend a in Europe this July - Summer festival
- Or a fabulous festival in Ireland, here is the Irish Times guide to Irelands top 99 festivals for 2023
- Things to do over a weekend in London (a great city with lots to do) for work or pleasure in July

Entertainment news…

Traditionally, the summer sees the release of a few kids’ movies (Barbie) and some superhero blockbusters (Marvel) but the three crackers we would recommend are
1. Oppenheimer.  Christopher Nolan and a stellar cast takes us on an emotional ride through the story of the development of the Atomic bomb.  Extra marks to this one for tying up a deal for worldwide release on IMAX screens which has put Tom Cruise’s nose out of joint as yet another Mission Impossible movie drops the previous week.
2. Asteroid City.  A first-time pairing for acting legend Tom Hanks and iconic movie-maker, Wes Anderson.  Ok there are some negative reviews, but each to their own.
3. Reality. A recommendation from left-field, try and catch ‘Reality’ before it’s gone – the claustrophobic take on security leaks and Russian interference in the US election in which Trump became President, will have you hooked from the start. 

Were you at Glastonbury?  Another great line up with Elton John stealing the show. Taylor Swift caused a stir by announcing two Irish concert dates but the biggest story of the month, bar none, was the sad passing of the immense talent that was Christy Dignam.

Hot topic of the month...

We had to think for a minute before introducing this month’s ‘hot’ topic.  Is hybrid/remote working up there in the psyche?  Well, this nice piece from our friends in BusinessPlus caught our eye.  Some interesting stats on how the new world of work is settling down.  Nice to see Ireland right up there among those offering flexibility with 42.2% of jobs posted being hybrid although fully remote jobs have fallen by about half and now only about one in ten jobs are fully remote. Last month the published results of our question of the month showed that 40% of respondents have come under pressure to spend more time in the office. 

Sports roundup…

Man city complete the big treble with the Champions league but is it just me or does that seem like a lifetime ago, there is just so much great sport going on.  It’s been a rollercoaster month for golf fans with the surprising LIV/World tours merger, another close call for Rory and then Leona just falling short in a major having just won her second LPGA event.  Fair play too to Padraig Harrington who carded a 63 to come from 5 shots back to win yet another title on the Seniors Tour in New York, his 5th title and is off to defend his US Seniors Open title next week.

At home there has been some cracking action in both the hurling and football championships.  The quarter final draws for the Sam Maguire have thrown up some mouth-watering ties, Mayo V Dublin is dripping with history while Tyrone and Kerry have played some crackers in recent times.  Armagh V Monaghan means there will be at least one Ulster team in the semis, and three is not out of the question.  In the race for The Liam McCarthy, Kilkenny V a resurgent Clare looks mouth-watering while in the other semi-final the fact that Limerick will face Galway rather than Tipp is the only real surprise.  Tipp imploded somewhat but fair play to Galway!

Looks like the men’s soccer team is continuing in a lean spell, let’s hope for a big showing from the ladies at the World Cup.  One interesting bit of footie news was the surprise appointment of Robbie Keane as manager of Maccabi Tel Aviv; future Ireland Manager?

Is that greener grass I spy?

Most people are not looking for a career change, but they also have “never say never” as a mantra; maybe that next challenge you’ve been thinking about is among this list of great jobs we’re working on here at PeopleSource during an unusually busy summer period.

If you are considering a new role or even new hires for your team, do get in touch with 

Competition time…

Each month we ask our readers to answer a question for a chance to win €100 One4all voucher. 
Our question for the May newsletter was:

Due to rising costs, will you spend less on your holidays this year than in 2022?
The results were:
Yes – 50%   
No  - 50%

Our winner of the €100 voucher is – Rachel Giles  – we’ll be in touch!

Our question for the June newsletter is:

Leaving cert students are now trying to decide which courses to chose for September which will potentially set them up for their future careers. 
Our question is - Knowing what you know now in life/career.  Did the course you picked relevant to your current career? 

The winner will be chosen at random and will receive €100 One4All voucher. Enter here to be in with a chance to win.
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 PeopleSource is a specialist finance & accounting recruitment firm.


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