The Majority of US Companies in Ireland Plan to Hire this year - AmCham Survey

04.07.2023
General

Most US companies with operations in Ireland, plan to increase employment here over the net 12 months, according to a new FDI Quarterly Insights survey by the American Chamber of Commerce Ireland.  

 

In a survey of the leadership within our member companies, 70 percent of respondents said they plan to hire more staff at their Irish operations over the next 12 months, with 91 percent of respondents saying their corporate headquarters in the US have a positive impression of Ireland as an investment or growth location. 

 

They survey also found that 93 percent of respondents are satisfied that Ireland's talented workforce is currently meeting the skills requirements for their organisation. When asked about future proofing our talent pipeline, 76 percent said more collaboration is needed between third level institutions and industry and 18 percent said there should be more focus on apprenticeships.  

 

Almost 57 percent of members said housing is the most important challenge for Ireland to overcome for their company to expand in Ireland, and 60 percent said housing is the area of infrastructure development that requires the most urgent investment from Government. 

 

On Climate Action, 62 percent of respondents said the priority for Ireland should be investing in renewable energy solutions, while almost 30 percent said tax incentives for businesses to implement more sustainable practices should be the priority. Over 52 percent of companies said they are currently undertaking one or more research projects in Ireland, with AI, Sustainability, Med Tech and Cyber among the most common projects.