Irish workers are stressed, says
a new workplace poll. Two thousand Irish workers were surveyed and 60% stated they have suffered from some form of workplace-related stress this year.
2023 represents a particularly difficult time for Irish employees. Thousands of jobs have been lost across the financial services industry, including 813 at the now-departed Ulster Bank, on top of a previous cull in 2022.
As far back as 2020,
Deloitte Ireland forecast that Irish retail banks are likely to cut 20-30% of jobs (or around 7,650 positions) over the five years to 2025, as the effects of the pandemic moved more transactions online, and lenders rein in costs.
It’s no wonder then that 60% of Irish professionals report that they suffer from workplace related stress, and 46% say that their concerns over job stability are the biggest trigger.
Only 9% of Irish workers say that they have not experienced any form of “recurring stress”, or stress symptoms experienced more than three times for seven or more days at a time. However, on the flipside, a third of workers stated that they felt this way “very often”.
The pandemic and its aftermath is a clear trigger of work-related stress, but there are other factors too. Twenty-three percent of Irish working professionals report that they are under more pressure from management, with 13% saying they’ve more on their plates this year.
The cost of living crisis is biting too, with 19% saying the lack of a pay rise is contributing to their woes.
So what can be done?
Despite Irish employers increasing their spend on wellness initiatives since the pandemic, a big 55% of professionals still think that their employer is not doing enough to combat stress in the workplace.
Workers say it is down to their bosses to manage workplace stress too. HR and senior leaders should be shouldering the burden, according to 45% of professionals.
According to the poll’s authors, “Simple interventions such as making sure workloads are manageable, setting realistic deadlines and making sure employees have access to support, safe spaces and relevant resources, can all help to alleviate pressure in the workplace as well as professionals’ day-to-day work life.”
They added that “Employers must strike the balance between not breaking the bank or piling pressure onto managers to solve workplace stress but still being proactive and listening to the needs of their employees”.
So if long work hours, heavy workloads, tight deadlines, unclear job expectations, job insecurity, and workplace conflicts are giving you anxiety, it could be time to look for a new job. A great place to start your search is the
IFSC Job Board, which contains thousands of exciting opportunities.
Finance Director, Dublin, OKCoin, Dublin
OkCoin is one of the world’s largest and fastest growing cryptocurrency exchanges. As the Finance Director, you’ll take ownership and manage accounting, tax, internal controls, cost management, accounts payable, management reporting, and regulatory reporting areas. You will prepare financial statements for external audits, regulatory reporting/inquiries, and management reporting and implement a month closing process for the local entity and integrate the close with the consolidated group, among many other responsibilities. To apply, you’ll need to be CPA qualified, have eight years’ of relevant experience in the financial services, payments, fintech, or crypto industries, plus a strong working knowledge of IFRS mandatory, and tax regulations. Get all the information on this job here.
Audit Senior, Roberts Nathan, Dublin
Accountancy and business advisory services practice Roberts Nathan is based in Dublin and Cork. The seven-partner firm has an experienced dynamic team of accountants and tax practitioners, specialising in the provision of a range of financial and taxation services to clients. Due to ongoing growth, the company is currently seeking to recruit an Audit Senior for its Dublin office in the IFSC. You’ll have previous experience in a practice environment and will have strong professional and technical knowledge, the ability to plan audit assignments, possess strong interpersonal and communication skills and have the ability to develop and mentor junior staff. Apply for this role here.
Client Account Manager - Hybrid, Vistra, Dublin
Vistra supports clients over six sectors: private equity, real estate, capital markets, corporate, company formation and private wealth and is currently recruiting for a Client Account Manager. A great opportunity to join a fast paced, entrepreneurial and growing business with ambitious plans for 2023, you’ll contribute to the direction of the business unit, and will bring fresh thinking and new ideas. Additionally, you will build and maintain relationships, provide ongoing relationship support to clients, ensure the service provided to clients is of the highest standard, and work closely with the transaction management team to ensure client deals and signings are completed in a timely and professional manner. Interested? Get all the details now.
By Kirstie McDermott
For thousands more opportunities in finance, visit the IFSC Job Board today.
