EY to create 270 new jobs and opens two offices as it continues market leading growth
- Professional services firm opens second office in Dublin and new Galway office
- EY to recruit 220 new experienced hires and increase graduate intake from 200 to 250 across its seven offices
- Salaries for experienced hires to average in excess of €50,000 per annum
- High demand for services such as Data Analytics, Fraud Investigation and Dispute Services (FIDS), Cyber Security and Performance Improvement driving growth
Dublin, 1st June 2016: Following market leading growth, professional services firm EY today announces the opening of two new offices – in Dublin and Galway – and the creation of 270 new jobs, adding to its 1,800-strong workforce on the island of Ireland. The firm, which provides assurance, tax, transaction and advisory services, has outperformed its competition over the last three years, with organic growth of more than 16% per annum, and robust growth expected for Financial Year (‘FY’) end 2016.
Having grown its workforce over 27% in the past two years, EY will recruit 220 experienced hires across its business over the next 12 months, at salaries averaging in excess of €50,000 per annum. It will also take in 50 more graduates next September – a total of 250 – representing a 20% increase on last year. The roles on offer are wide ranging and EY are recruiting people from various disciplines including accounting, finance, engineering, IT, consultancy and business. The ‘Big Four’ firm recently hired Partner, Feargal de Freine, from Baxter Healthcare which reflects its investment in people with key sector experience such as Life Sciences.
Speaking ahead of the job announcement the Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor said, "EY’s announcement today is wonderful news. It is a true mark of confidence in the Irish economy, when an international business can be competitive and grow to the degree EY have in this country. The fact that these jobs will be spread across EY's offices in Dublin, Cork, Limerick, Waterford and Galway is very welcome news as one of my priorities as Minister is to ensure employment growth across the regions. Only a strong economy supporting people at work can pay for services needed to create a fair society. This will ensure a more inclusive prosperity for all."
These new hires will be based across EY’s seven offices in Ireland, including its new and now fully operational offices, located in the Station Building, Harcourt Street, Dublin 2 and Eyre Square in Galway city. In addition to hiring 25 people for its new Galway office, EY will also increase its footprint in Limerick, where it currently employs over 50 people, having just signed the lease on a new office space in the city which can accommodate up to 100 people.
The new Dublin office has been designed in line with EY’s global “Workplace of the Future” model, that is based on developing modern office space supported by the latest technology, design and environmental standards.
In FY15, EY posted double digit growth across all four service lines – Assurance, Tax, Advisory and Transaction Advisory Services – and the firm will continue to invest in and recruit in these areas. Meanwhile, service offerings such as Fraud Investigation and Dispute Services (FIDS) and Data Analytics alone grew by more than 40% in the same period. New hires at EY will have the opportunity to work across Ireland’s top entrepreneurial businesses, multinationals and private sector clients in the areas of Data Analytics; Digital Strategy; IT Transformation; People and Organisational Change; FIDS and Cyber Security.
Mike McKerr, Country Managing Partner, EY Ireland said: “As we grow our business we need to find the right mix of talent to meet our client demands and we are delighted to be in a position to create these additional 270 jobs. We are recruiting professionals at all levels, from graduates through to directors and partners, with the type of sector specific experience which will allow us to provide clients with the insight and advice they need to protect and grow their businesses and customer base”.
Investment in people
EY has a leading people culture and a transformational approach to developing talent, having either promoted or progressed 36% of its people this year alone. The firm is also committed to promoting gender equality and diversity and inclusiveness in the workplace, having been named Employer of the Year at the GLEN Workplace Equality Index Awards and the GALAS.
“Our clients want the best talent working for them, and we know that the best people not only want varied and challenging careers but they also want to work in an environment that has a diverse and inclusive culture. Our focus as a firm has therefore been on meeting the changing needs of our people, particularly millennials, and ensuring we create an environment which promotes diversity of thought, background and personality – in essence a place where people can bring their whole self to work. We believe this is essential to our continued success as a leading employer and a competitive business within the market,” added Mike McKerr.