Latest news with #MorganMcKinley
The Irish Sun
10-07-2025
- Business
- The Irish Sun
New AI State watchdog with €25m annual war chest needed to police ‘rapid rise' of tech & help keep Irish citizens safe
A NEW State watchdog is needed to police the use of AI with this game-changing tech set to be used in hospitals, to catch welfare cheats and run self-driving cars in the near future, it has been claimed. 2 Fianna Fail TD Naoise O'Cearuil wants to see the creation of a State AI watchdog Artificial intelligence is already in use in many industries in A report from recruitment firm Morgan McKinley this week highlighting that big The Amid the growth in AI, READ MORE IN IRISH NEWS The National Artificial Intelligence Office Bill 2026 would create a body that would have the power to investigate complaints, suspend AI systems and fine those found to be breaching rules. This would be headed up by an independent Commissioner in a similar fashion to the Data Protection Commission. The office would have an annual budget of €25 million in its first five years which would be part-funded by the A briefing document on the bill details how the watchdog will be needed to police the growth of AI in a range of areas across the country, including Most read in The Irish Sun For example, the Department of Social Protection could use algorithmic fraud detection to catch welfare cheats, while AI could also be used as a diagnostic aid in our Deputy O'Cearuil highlighted the possibility of self-driving cars coming to the streets of Ireland in the near future with similar autonomous vehicles already on the roads in American cities such as 'RAPID RISE' He told the Irish Sun: 'We've seen the rapid rise of artificial intelligence not just nationally here in Ireland but also internationally and the key component is that citizens remain safe. 'So as a regulator this would ensure that things such as healthcare or autonomous 'It would also act as an enabler as well. "We see many stories where there has been The bill was raised in the Dail today with 2 Artificial intelligence is already in use in many industries in Ireland Credit: Getty Images - Getty
The Journal
10-07-2025
- Business
- The Journal
AI beginning to influence jobs market in customer service and accounting roles, says new report
ARTIFICIAL INTELLIGENCE IS beginning to influence listing of customer service roles, with automation tools handling routine queries, according to a new report into the Irish jobs market. The accounting and finance sector is also experiencing a 'significant shift' towards data analytics and AI-driven roles, according to the latest Morgan McKinley Irish Employment Monitor. Companies are increasingly leveraging AI capabilities to automate routine tasks such as accounts payable, accounts receivable, credit control, and payroll, the report said. Trayc Keevans, global director at Morgan McKinley Ireland, said there had been a 'notable reduction' in graduate hiring by major firms, which she said was driven by AI capabilities and highlights potential challenges ahead. 'The standout development this quarter is the significant impact of AI and automation, particularly within the accountancy and finance sectors,' Keevans said. Advertisement 'Permanent roles, especially in data engineering, are notably active as companies build their infrastructure for broader AI integration.' AI-related hiring in the financial sector is 'primarily connected to data engineering roles, where organisations are cleaning and structuring data ahead of more extensive AI implementations, rather than directly hiring for purely AI-focused positions', the report continued. Overall, professional job openings across Ireland increased by 10% in the second quarter of 2025 compared to the previous quarter. However, the market remains cautious, with a slight year-on-year decline of 1.8%. Job seeker activity decreased by 6%. 'The professional employment market in Ireland has shown steady resilience in Q2, despite external economic uncertainties and shifting global trade dynamics,' Keevans said. Keevans added that ongoing debates around hybrid and return-to-office working models 'continue to shape recruitment strategies', as employers seek a balance between flexibility and work in the office. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
RTÉ News
10-07-2025
- Business
- RTÉ News
'Notable reductions' in graduate hiring due to AI
There have been "notable reductions" in graduate hiring by major firms in the accountancy and finance sectors because of the impact of AI, according to the latest Employment Monitor from recruitment firm Morgan McKinley Ireland. The report found that the standout development in the second quarter of the year was the significant impact of AI and automation, highlighting potential challenges ahead. "A notable trend driven by automation is the reduction in graduate-level hiring, raising concerns about potential shortages of experienced mid-level professionals, which could impact future business operations and growth," said Trayc Keevans, Global Director at Morgan McKinley Ireland. The shift towards AI has seen an increase in data engineering roles. Overall, there was a year-on-year decline in job vacancies of 1.8% in the second quarter of the year. The research found that on a quarterly basis, professional job openings increased by 10%. Job seeker activity decreased by 6% from the first quarter but showed a modest year-on-year rise of 1.5%, indicating what Morgan McKinley described as a resilient yet cautious employment environment. According to the research, ongoing debates around hybrid and return-to-office working models are continuing to shape recruitment strategies, as employers seek the right balance between flexibility and in-person attendance. "Business support roles have shown increased hiring, particularly driven by the return-to-office trend, with strong demand for onsite co-ordination and administrative positions," Ms Keevans said. The report found that contract hiring among larger multinational firms slowed in the quarter, influenced by tighter cost controls prompting a shift towards permanent positions or offshore staffing solutions. According to the employment monitor, the construction sector remains under significant pressure, facing persistent shortages of skilled professionals, especially quantity surveyors and project planners. The data is based on new job vacancies and new candidates registered with Morgan McKinley's network of Irish offices in Cork, Dublin, Galway, Limerick and Waterford.
Irish Times
10-07-2025
- Business
- Irish Times
Impact of AI on hiring being felt in accountancy sector
The number of professional job openings overall increased by 10 per cent in the second quarter of the year, but graduate hiring in accountancy and related areas is starting to show significant signs of being impacted by artificial intelligence (AI), the latest Morgan McKinley Quarterly Employment Monitor suggests. Overall, the research suggests there is a slight, 1.8 per cent, decline in the number of vacancies, indicating a 'cautious employment environment'. However, 'the standout development this quarter is the significant impact of AI and automation, particularly within the accountancy and finance sectors', according to Trayc Keevans, global director at Morgan McKinley Ireland. 'The notable reduction in graduate hiring by major firms, driven by AI capabilities, highlights potential challenges ahead,' she said. 'The accounting and finance sector is experiencing a significant shift towards data analytics and AI-driven roles. Companies are increasingly leveraging AI capabilities to automate routine tasks such as accounts payable, accounts receivable, credit control, and payroll.' [ Lack of skills, badly formatted applications: survey reveals why job candidates are rejected Opens in new window ] More broadly, she said, 'contract hiring among larger multinational firms has slowed this quarter, influenced by tighter cost controls prompting a shift towards permanent positions or offshore staffing solutions. The Juggle: the issues facing women with young children when balancing childcare and their careers Listen | 44:30 'Additionally, ongoing debates around hybrid and return-to-office working models continue to shape recruitment strategies, as employers seek the right balance between flexibility and in-person collaboration.' Separate research by Hays Ireland highlights the ongoing importance of remote working to professional staff. It finds 85 per cent say hybrid and flexible working has positively impacted upon their wellbeing. The survey also suggests there continues to be significant recognition of the importance of remote working on the part of employers, with more than half (61 per cent) investing in flexible working arrangements to boost wellbeing. The company says even the media focus on hybrid working and the repeated reports it is under threat is a source of anxiety, however. Its survey found 42 per cent of professionals found the news coverage of return-to-office policies negatively impacted upon their wellbeing. [ Significant growth in professional job seekers in first quarter, report shows Opens in new window ] Despite that, Maureen Lynch, managing director of Hays Ireland, said the research suggested a general alignment between employers and their staff with regard to issues of workplace wellbeing. 'It's encouraging to see a shared recognition between employers and employees that wellbeing is key to business success,' she said. Recruitment consultants Manpower Ireland, meanwhile, said prospects for hiring in the third quarter remain positive, with a Net Employment Outlook of 29 per cent. The figure is obtained by deducting the number of employers responding to its latest survey that indicate they are likely to cut staff numbers in the third quarter of this year from the number expecting to hire. The firm says 38 per cent of those indicating they expect to add staff suggest it will be the result of business expansion. Keeping up with technological development, changing service needs and skills requirements are among the main other motivations mentioned.
RTÉ News
09-07-2025
- Business
- RTÉ News
Decline in job vacancies in second quarter of year
There was a year-on-year decline in job vacancies of 1.8% in the second quarter of the year according to the latest Employment Monitor from recruitment firm Morgan McKinley Ireland. The figures show that on a quarterly basis, professional job openings increased by 10%. Job seeker activity decreased by 6% from the first quarter but showed a modest year-on-year rise of 1.5%, indicating what Morgan McKinley described as a resilient yet cautious employment environment. According to the report, the standout development in the quarter was the significant impact of AI and automation, particularly within the accountancy and finance sectors. It found notable reductions in graduate hiring by major firms, driven by AI capabilities, highlighting potential challenges ahead. "A notable trend driven by automation is the reduction in graduate-level hiring, raising concerns about potential shortages of experienced mid-level professionals, which could impact future business operations and growth," said Trayc Keevans, Global Director at Morgan McKinley Ireland. The shift towards AI has seen an increase in data engineering roles. According to the research, ongoing debates around hybrid and return-to-office working models are continuing to shape recruitment strategies, as employers seek the right balance between flexibility and in-person attendance. "Business support roles have shown increased hiring, particularly driven by the return-to-office trend, with strong demand for onsite co-ordination and administrative positions," Ms Keevans said. The report found that contract hiring among larger multinational firms slowed in the quarter, influenced by tighter cost controls prompting a shift towards permanent positions or offshore staffing solutions. According to the employment monitor, the construction sector remains under significant pressure, facing persistent shortages of skilled professionals, especially quantity surveyors and project planners. The data is based on new job vacancies and new candidates registered with Morgan McKinley's network of Irish offices in Cork, Dublin, Galway, Limerick and Waterford.
