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Tag Archives: Mark Fielding

Majority of SMEs say no to wage increases

The majority of Irish small and medium companies will not be changing wage rates in the next 12 months, according to the results of a new survey. The survey results show that this is the position of 71% of member of the Irish Small and Medium Enterprises Association (ISME). The Association has cautioned against unrealistic pay expectations being touted by some politicians and as a result of a big business/semi-state survey. Mark Fielding, ISME CEO, said, “Fortunately we are starting to see signs of stability and possible growth in the domestic economy. However, the situation for SMEs remains precarious. They have been struggling to stay afloat and owner-managers in particular have borne the brunt of the pain by taking huge pay cuts, and in some cases no salary at all, in an effort to keep their businesses afloat. The survey findings indicate that the majority of SMEs will not be in a position to increase wages during 2015 and in a small …

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ISME focus on debt restructuring

ISME, the Irish Small & Medium Enterprises Association, has launched its nationwide SME Debt Restructuring seminars to be held in early September. The association has called on the Irish banks to remember that the reason for the taxpayer bailing them out was so that they in turn would be in a better position to assist vulnerable SMEs to trade profitably again. The free seminar for businesses in the Mid-West will be held in the Strand Hotel, Limerick on Thursday, September 4. At the launch the ISME CEO, Mark Fielding stated, “While the scale of the issues and the competing nature of the demands in terms of personal debts, personal investments and business needs have resulted in some paralysis, SMEs are negotiating solutions with their banks and coming out of the process with integrated and well thought out evaluations and plans to allow them continue to trade”. “The purpose of the seminars is to demonstrate to business owners that despite the severe pressure …

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