Cork businesses are changing with the times.
In fact, a new report published by Cork Chamber reveals that 70% of businesses here now offer hybrid working options to new hires, while 30% of member respondents hired for a fully remote role in the past 12 months, of which 60% were from outside the Cork region.
An impressive 67% of businesses also implemented digital transformation programmes to facilitate remote working in the past 12 months.
According to the Cork Chamber’s latest Economic Trends report, which surveyed members on their experiences through Q4 2021 and their outlook on the first three months of 2022, attracting the best candidates and recruiting people for the right roles has been a significant challenge for businesses of all sizes.
‘’The last two years have been turbulent for businesses, this, in turn, has led to talent shortages amongst other issues,” said Chamber President, Paula Cogan.
“Hiring virtually allows businesses to access a larger talent pool and attract more potential candidates to apply with the incentive of increased flexibility. This fact offers both challenges and opportunities for employers and the Cork region at large.’’
Cork gets back to work
The report contained more good news for job seekers; 62% of Cork businesses expect to increase employee numbers in the next 12 months, while 49% of businesses already have vacancies advertised.
A hearty 92% of respondents agreed that they are brimming with business confidence.
Speaking on the release of Economic Trends, Mags Brennan, Head of Business Banking at Permanent TSB said, ‘’Despite the challenges of the past two years, it is encouraging to see the continued high level of confidence among the Cork business community.
“At Permanent TSB, we are seeing a similar trend with many of our business customers in recent months, which is an encouraging signal for small business right across the country.”