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What do we mean by ‘Employability’?

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By Niamh Dwyer, Guidance Counsellor

According to experts in the area of career development, the term ‘employability’ refers to a set of achievements that makes graduates more likely to gain employment and be successful in their chosen occupations.

This in turn benefits themselves, the workforce, the community and the economy. At this stage in the year Leaving Cert students are well into the process of trying to decide what step they want to take next. It is a daunting task for many of you because of the variety of choices available and the challenge for young people at 17 or 18 years of age to really know what career they might like. It is important to remember that you aren’t choosing a career for life, you are taking the next step and you will be building on that as your career develops. A big concern for many students and parents is whether they will get a job at the end of their chosen course or pathway. While we have some indications of where there will be skills shortages in the short to medium term, the jobs market is subject to change.

PATHWAY

One thing we can be sure of is that, regardless of what pathway you take after the Leaving Cert, be that Further Education courses (FET), traineeships, apprenticeships or university courses, on completion of your training and education you will want to be ‘employable’. In simple terms ‘employability’ depends on your knowledge (what you know) your skills (what you do with what you know) and your attitude (how you approach things). As you research the various options open to you after you finish school, remember you are heading into a working world that values transferable skills which include specialist knowledge in the subject, field of study or technical area you have chosen to follow. It also places huge emphasis on having the ability to analyse, evaluate and use information effectively to problem-solve and to organise and communicate knowledge well. Furthermore, your personal qualities are a core part of your offering to a potential employer – your ability to work on your own initiative, to self-manage, to manage time and meet targets and deadlines. Central to all of this of course is the ability to collaborate, to work and study as part of a team.

If you are struggling to decide between courses or options, focus on finding an area that you really want to find out more about. You will develop a set of transferable skills which will give you flexibility and adaptability as you grow and develop in your career. All of the other things you do will add value to your degree/qualification and that is what will ensure your ‘employability’!

Niamh Dwyer is a Guidance Counsellor in Scoil Phobail Sliabh Luachra, Rathmore, a member of the Kerry Branch of IGC and a career consultant at www.mycareerplan.ie. Follow @mycareerplan on Instagram, Facebook and Twitter.

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Is it a good time to sell your property?

By Ted Healy of DNG TED HEALY Recently published property outlooks are suggesting single digit growth in prices this year. The MyHome.ie quarterly report found the market had held up […]

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By Ted Healy of DNG TED HEALY

Recently published property outlooks are suggesting single digit growth in prices this year.

The MyHome.ie quarterly report found the market had held up better than evidence had suggested in 2022. The number of vendors cutting asking prices remained at low levels, while many house prices were being settled above asking prices.

However, the report warned that the resilience of the housing marking is set to be tested this year. It found annual asking price inflation slowed to six percent nationwide, meaning the asking price for the average home in Ireland is now €330,000.

There were 15,000 available properties for sale on MyHome.ie in the fourth quarter of the year – an improvement on the same time last year but still below pre-pandemic levels.

Average time to sale agreed was 2.7 months nationwide which the report said is indicative of a very tight housing market.

The report said it expects to see 28,400 house completions in 2022, exceeding its previous forecast of 26,500 finished units.

The author of the report, Conall MacCoille, Chief Economist at stockbrokers Davy, said it appeared the market had held up better than evidence had suggested.

“The number of vendors cutting their asking prices is still at low levels. Also, transactions in Q4 were still being settled above asking prices, indicative of a tight market,” he said.

Recent months had seen worrying trends in the homebuilding sector, with housing starts slowing, and the construction PMI survey pointing to the flow of new development drying up.

“We still expect housing completions will pick up to 28,400 in 2022 and 27,000 in 2023. However, the outlook for 2024 is far more uncertain. The Government’s ambitious plans to expedite planning processes are welcome although, as ever, the proof will be in the pudding,” he added.

Locally, and unsurprisingly, the lack of supply of new and second-hand properties remains the dominant issue. There has been very little new construction due largely to the rising cost of construction, labour, materials and utilities which in turn is putting pressure on the second hand market.

This market proved particularly strong in 2022 with active bidding experienced on the majority of house sales and a large proportion of guide prices being generally exceeded.

The detached family home end of the market is particularly strong with increased competition for a limited number of available well located family homes.

So, what lies ahead and is it a good time to sell your property?

The answer is a tight market with scarcity of supply being a factor. If selling now you will benefit greatly from a lack of supply of available homes (therefore less competition) provided your property is marketed correctly of course!

For anyone considering placing their property on the market, contact DNG Ted Healy 064 6639000 killarney@dng.ie for genuine honest advice on how to achieve the best possible price for your home.

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Tourism VAT rate should be “continued indefinitely”

A Kerry Fianna Fáil Councillor believes the current 9% tourism VAT rate should be continued indefinitely despite “the allegation that some hotels were not passing on the saving to its […]

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A Kerry Fianna Fáil Councillor believes the current 9% tourism VAT rate should be continued indefinitely despite “the allegation that some hotels were not passing on the saving to its customers”.

The reduced VAT rate of 9% was introduced by the Government in response to the challenges posed by COVID-19 to the hospitality sector.

“I believe a return to a 13.5% Tourism VAT rate would be counterproductive at this stage, to small and medium businesses that welcome visitors to our country and our county,” Councillor Michael Cahill said.

“Catered food is already charged at 13.5%, alcohol at 23% and accommodation presently at 9%. This sector is providing pretty decent returns to the Exchequer and should be supported. All parties in this debate, including the Government and accommodation providers, should review their position and ensure their actions do not contribute to ‘killing the Goose that laid the Golden Egg’.”

He explained that the tourism industry is “in a very volatile market”, as can be seen by the enormous challenges “posed by COVID-19 in recent years”.

“A grain of rice could tip the balance either way and great care must be taken not to damage it irreparably. We are all aware that the next six to 12 months will be extremely difficult for many businesses with the increase in the cost of oil and gas, etc,, and a return to the 13.5% VAT rate will, in my opinion, close many doors. If a minority are ‘price gouging’, then it should be possible to penalise them and continue to support the majority who offer value for money to our visitors.”

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