- 59% have changed jobs in the past year
- Some 80% have interviewed for another job during the past six months
- Almost a third do not believe their job will exist in five years’ time
- 26% are not happy with their current workstyle
- 69% feel under pressure to be in the office more
Dublin, 21st March 2025 – Auxilion, the leading Irish IT managed services provider, today announces the results of its survey which found that 61% of senior managers working in financial services in Ireland are planning to change jobs within the next two years.
The study – conducted by Censuswide and involving 200 respondents – revealed that a similar proportion (59%) have changed jobs in the past year, with some 80% having interviewed for another job during the past six months.
Two thirds (66%) of these senior managers admitted they would retrain in a new career/profession if there were no barriers (e.g., financial or family commitments).
Speaking about the findings, Niamh Cray, Chief People Officer, Auxilion, said: “Our research reveals a real risk to financial services firms in terms of talent. Not only are a significant proportion of senior managers contemplating leaving, but many are already actively seeking out new opportunities – indicating that it’s only a matter of time before the impact is felt.
“Companies in this sector in Ireland need to address this, otherwise they could be facing a mass exodus and a resource crisis. Those without a blended talent strategy, consisting of in-house expertise and external resourcing services, could seriously struggle to replace and fill roles with the expertise they need.”
When it comes to how respondents plan to find these new roles, 71% have previously used recruitment agencies and that trend appears to be continuing with 70% intending to use such services to secure their next position.
However, these next positions may not be around forever with the study finding that almost a third (32%) of senior managers working in financial services do not believe their job will exist in five years’ time.
Moreover, 26% revealed they are not happy with their current workstyle – with those working remotely found to be significantly less happy than their in-office counterparts. Whilst 78% working in the office are happy with their workstyle, just 55% of those working remotely are happy.
As for the debate between office and home working, 69% of senior managers working in financial services feel under pressure to be in the office more. This was felt more by those taking a hybrid approach to working (70%). It was also felt more prominently among those who work in larger companies (81%), compared to those working in SMBs (64%).
On a wider scale, some 42% of senior managers working in financial services in Ireland cited talent shortages as one of the biggest challenges to business growth in 2025.
Niamh Cray added: “It’s not just a case of lost personnel, the impact could spell project delays, customer complaints, and operational inefficiencies. It’s therefore important from both an organisational and market perspective that we not only retain the best people but remain agile in our approaches to talent.”
About the survey
The research was conducted by Censuswide, among a sample of 200 Senior managers in financial services (18+) in the Republic of Ireland. The data was collected in February 2025. Censuswide abides by and employs members of the Market Research Society and follows the MRS code of conduct and ESOMAR principles. Censuswide is also a member of the British Polling Council.