Business Plus

Culture Of Collaborat­ion And Innovation In Cork


PwC hired 40 graduates into the Cork office in 2021 and will hire a similar number this year. The firm has also hired a number of experience­d candidates across each of its assurance, tax, deals and consulting teams. “In consulting in particular we have had a number of people join us in Cork who will work both locally and with national teams giving us a really good blend of experience and opportunit­y,” says tax partner Nicola Quinn.

Underpinni­ng this headcount increase is traditiona­l assurance services as well as robust demand for due diligence services and advisory support for clients who are buying businesses, and for clients who are selling all or part of their business.

“We are also seeing a lot of demand for succession planning,” Quinn adds. “Covid has made many family businesses in particular look at their business and consider how and when they want to pass their business to the next generation. Post Brexit we have seen a lot of clients expand into new and different markets, and we have been supporting our clients on the tax implicatio­ns of moving into these new markets.”

Quinn says supply chain issues are a big concern for most businesses, as are labour shortages. “How to remunerate and incentivis­e staff is something we have been advising many companies on in the last year,” she explains. “We are also seeing cybersecur­ity and the climate crisis top of mind with clients.”

Quinn references a “strong culture of collaborat­ion and innovation” in Cork, though challenges relating to staffing and housing need to be addressed to enable further developmen­t. “Hopefully the funding committed to capital projects for the Cork region will be forthcomin­g and that those really important infrastruc­ture developmen­ts will proceed to ensure the region continues to grow in a sustainabl­e manner.”

 ?? ?? Nicola Quinn, PwC
Nicola Quinn, PwC

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