Nearly half of Ireland’s multinationals will hire in the next year, survey finds

ALMOST half of Ireland’smultinationals plan to hire staff in the next 12 months.

Well over two thirds (70%) said Irish labour costs are more expensive than comparable locations, while only 13% said Irish labour costs were below comparable locations, according to an Irish Management Institute/National Irish Bank survey.

This is a slight improvement on the 2009 survey but cost competitiveness remains a worry for multinationals.