Latest news with #employeeSentiment
Irish Times
26-05-2025
- Business
- Irish Times
AIB to sell off more bad loans and the US AI group that moved to Ireland
Lender AIB is preparing for a potential sale of a portfolio of non-performing loans, including debt that had soured during the Covid-19 pandemic and never recovered, sources have said. The group of loans had a face value of €500 million and includes mortgages, unsecured loans and small business loans, writes Joe Brennan. One in five Irish workers feels under-appreciated in their current position, according to employee benefits consultants, Aon. But as many as two-thirds are eyeing up a change of jobs over the next year, its Human Capital Employee Sentiment Study finds. Perhaps, they're looking for the flexibility Welsh start-up boss Alen Nelmes is offering – going even further than the four-day week and offering staff the chance to spread their 32 hours over a full seven-day cycle. Pilita Clark examines what that might mean. When Darryl Williams, the founder CEO of cognitive AI company Partsol, was looking at whether to relocate its global headquarters, he decided Ireland offered the right mix of ambition and assurance . That's a rare and valuable combination in a world where both are in short supply, he says as he explains the decision. READ MORE As Donald Trump throws down the gauntlet to the European Union in their escalating trade row, Eoin Burke-Kennedy takes a look at how a similar US approach played out in its relations with China. There's no deal in place yet but, as of now, the outcome is very much a US climbdown, he writes. Finally, Irish small and medium business raised a record €533 million in venture capital in the first quarter of the year – more than double the €237 million raised in the same period last year. But, writes Ciara O'Brien, it was not evenly spread, with companies looking to raise smaller sums losing out. If you'd like to read more about the issues that affect your finances try signing up to On the Money , the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.
Daily Mail
19-05-2025
- Business
- Daily Mail
BREAKING NEWS NAB staff furious as management demands return to the office
NAB Bank staff are reportedly furious after being ordered back to the office for three days a week. An email sent by NAB HR boss Sarah White told the bank's 39,000 staff that the bank was transitioning to an 'office-based working model' in an email seen by the Australian Financial Review. Now, staff working two days must increase to three, and leaders must do four. 'We are taking an approach that ensures flexibility and supports all colleagues to respond to personal-life circumstances,' Ms White said. She said office attendance 'supports collaboration, teamwork and problem-solving for customers'. The news spread quickly on NAB's internal messaging service, where employees responded with hundreds of shocked, angry, and broken heart emojis. Several Aussie workplaces have brought in return-of-office mandates in recent months, including Amazon, Dell, Tabcorp, and Flight Centre. Research commissioned by recruiter Robert Half found that 39 per cent of employers plan to mandate five days a week in the office for employees in 2025, up from 36 per cent of employers who did so in 2024. 'Employers are back in the driver's seat and dictate office attendance, knowing others are doing the same,' explained Nicole Gorton a Director at Robert Half. 'As workers adjust back to the pre-pandemic way of working and observe similar mandates elsewhere, they are less reluctant to oppose these mandates in their current workplace.' However, a separate survey by people2people found that 58 per cent of employees feel increased office attendance harms their wellbeing, and 26 per cent would consider quitting if required to come in more often. The survey said 37 per cent of job seekers say they'd expect a 5-10 per cent pay rise to return to the office full-time, and a further 32 per cent say even a small bump would be expected.
