Thursday 27 October 2016

The Punt: Stressed to impress

Published 16/09/2015 | 02:30

Mercer reported that 82pc of employees faced increased stress in the workplace. Picture posed
Mercer reported that 82pc of employees faced increased stress in the workplace. Picture posed

HR consultancy Mercer Ireland reported this month that 82pc of employees faced increased stress in the workplace. The numbers could be even higher at Mercer itself, at least temporarily. The Punt hears the company's global chief executive Julio Portalatin will inspect the garrison at his Irish outpost next week.

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Portalatin will be a speaker at a breakfast event Mercer is hosting on September 24 to present their recently published research on How Digital is Transforming Employee Engagement.

At the event for Irish HR directors he'll no doubt be looking to convince them Mercer has the answers they need to keep staff happy, at a time when the economic recovery means employee loyalty is being tested by a rise in the number of approaches from headhunters.

Wired UK editor David Rowan (pictured below) will talk about the role of technology in meeting workers' growing demand for autonomy and flexibility. Stressed workers everywhere won't say no to that!

On the flip side the event will also look at the impact of work casualistion - including the rise of on-demand services like Uber.

Glin Castle gets lavish spread

You couldn't have wished for a better spread if you were selling your home.

The international edition of 'The New York Times' - formerly the 'International Herald Tribune' - carried a big piece last week on Glin Castle in Co Limerick, which is for sale with a €6.5m price tag.

The estate, sprawling over 380 acres, is owned by Olda Fitzgerald, who moved to the castle in the seventies when she married Desmond Fitzgerald. He died four years ago, and the upkeep of the estate has become burdensome.

Business at the estate - which used to host wedding receptions, and wealthy visitors to make ends meet - thrived until the financial crisis, according to the newspaper.

Over the past few years, wealthy foreign buyers, many of them from the US, have snapped up large country homes and estates in Ireland for a fraction of their inflated boom-time prices.

Among them, billionaire John Malone. The chairman of TV cable giant Liberty Media - which owns UPC - paid €8m for the property in 2012.

Last year, he also bought Castlemartin, the Co Kildare estate that was being sold by former media baron Tony O'Reilly.

Barclays hire new retail head

Barclays has appointed Ian Gilmartin as its new head of retail and wholesale for its corporate bank.

Mr Gilmartin, who spent time working at Allied Irish Banks, will replace Richard Lowe, who has in turn been appointed head of industry and central London.

Speaking about his appointment Mr. Gilmartin says that he is looking to build on the previous success of the team.

"I'm excited at the prospect of building on the successes of the retail and wholesale team. Richard has been pivotal to this success and his passion and enthusiasm has seen him become one of the leading voices on the sector,."

Mr Gilmartin spent the last five years providing specialist banking services to both retailers and wholesalers in Ireland and the UK.

Overall Mr Gilmartin has over 20 years of corporate banking experience including time at Dresdner Kleinwort Benson before he joined Barclays.

Prior to joining the retail and wholesale team at Barclays, Mr Gilmartin was a senior relationship director in the technology, media and telecoms team.

Barclays' Former retail head, Richard Lowe, said that he is pleased with the appointment.

Irish Independent

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