Ms Bláthnaid Carolan:

I thank the Deputy for an excellent question. It is pertinent as we are seeing a very competitive market that has been going in this direction for quite a while. I do not have direct experience of the NCSC but nonetheless in the nation and right across Europe we have seen much activity and movement in the area. This is partly because of last year's pandemic, which we are still in the throes of, and we would normally see between 12,000 to 15,000 people moving to Ireland from other countries but that has not happened. The market is that bit tighter as a result, which is certainly throwing up much more movement across companies. It is becoming much more competitive and we are seeing many headquarters setting up in Dublin. It is really competitive.

With regard to factors relating to retention, on a human resource element we are looking at hygiene and wellness factors and job satisfaction. We are considering whether people are growing their skill sets and ensuring those skill sets and career opportunities are being made available. That is really important to individuals. There is also the question of pay and the additional benefits around it, which are important. It is a combination of many elements of the employee experience and there is not just one piece.

It is important not to lose sight of accountability. People appreciate the recognition in their role and the accountability that comes with it. They want to grow in the role within their organisations. There is a combination of elements.