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Workers are highly mobile IRISH workers are among the
most mobile in the European Union with a third in their current job for
less than two years — and about the same number planning to change
jobs again.
The figures reflect the huge growth in the Irish workforce over the past
few years which have been taken up mainly by young people and immigrants.
The rapid turnover of staff in Ireland is also similar to Denmark —
where job movement has been pioneered with easy to hire and fire laws
underpinned by the state providing a security net for workers.
Less than 33 per cent of Irish workers have been employed in the same
job for more than 10 years — the third lowest percentage in the
EU where the average for the 27 states is 40 per cent.
A corresponding survey showed that an increasing number of Irish workers
are being offered pensions where they take all the risks and the employer
takes none.
Known as defined contribution schemes they are becoming increasingly popular
in Ireland but may not offer as big a pension ultimately as the more traditional
defined benefit schemes.
The survey shows an increasing number of companies are changing over to
the cheaper defined contribution schemes and the amount of money they
contribute to their employees’ pensions is dropping.
Defined contribution schemes are easier for workers to take with them
if they move to a job in another EU country.
But they have no way of knowing exactly how much they will have as a pension
while those in a defined benefit scheme know in advance.
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