Shannon Dev best for cost of new jobs

first_imgAdvertisement NewsLocal NewsShannon Dev best for cost of new jobsBy admin – September 22, 2011 515 THE cost to the taxpayer of each job created by Shannon Development is almost half that of each job created by the IDA or Enterprise Ireland.New figures show that for every job which Shannon Development creates, the exchequer hands over €7,552. That’s in comparison with a cost of €14,287 for each job created by IDA Ireland and €12,254 for any job created by Enterprise Ireland.Sign up for the weekly Limerick Post newsletter Sign Up The official figures were supplied to the Dáil Committee on Jobs, Social Protection and Education on foot of a request by Deputy Willie O’Dea, who is a member of the committee.Concerned that a section in the current Programme for Government states its intention to examine whether there is a role for the development body in the future, Mr O’Dea said:“This just goes to prove that Shannon Development is a very efficient body.“It would be foolish in the extreme to consider abolishing a job creation agency which is getting people into employment at such a low cost – the figures speak for themselves.“You can’t argue with the facts. It’s creating jobs at half the cost to the taxpayer when compared with the bigger agencies. It would be ludicrous to abolish this small agency which does a fantastic job.”The cost per job is a figure calculated by Forfás and is arrived at after taking into account the job-creating agency’s spend. The figure is calculated over a seven year period.Responding to the deputy’s comments, Enterprise Ireland said that while that figure is correct for the period 2004 – 20010, their cost per job for the seven years to 2008 was “€7,794, which is comparable to other agencies during that period.” Factors affecting the rise in cost were the extra supports provided by Enterprise Ireland to help companies withstand the worst recession in decades and the fact that Enterprise Ireland administers schemes such as dairy beef and sheep funds for third parties.The lower number of jobs sustained in that period by the agency was also due to the recession and particularly affected by the fact that Enterprise Ireland works with one of the worst hit industries, construction.There was no comment available from IDA Ireland at time of going to press. Linkedin Facebook WhatsAppcenter_img Email Print Twitter Previous articleGilmore criticised for ‘U turn’ on Shannon investigationsNext articleNurses warn of further action adminlast_img read more

Charter One Sets Course for Next Phase of Online Banking

first_imgCharter One Financial, Inc. (NYSE: CF) announced that it would be migrating its consumer and small business online banking applications to Corillian’s Voyager platform.Charter One also announced that it has formed a new partnership with Cash Edge to integrate account aggregation and bank-to-bank transfer functions into the Corillian product. Charter One has also reaffirmed its partnership with Centerpost to provide voice, email and wireless alerting within the application.Charter One said it has spent the last several months determining future needs for its highly successful online banking business and determined that it would be best served with Corillian’s product. “We’re thrilled to be entering into this next phase of web development with the recognized industry leader,” said Mark Grossi, Charter One’s executive vice president and chief retail officer. “Corillian has demonstrated its ability to scale to millions of users and also to bring product to market quickly – the two things we need to maintain our leadership position.”The new technology is currently under development and will be implemented in two phases. Beginning in January 2004, Corillian will provide upgrades for Charter One’s consumer online users. The application, residing on the Voyager platform, will feature a new look and feel, more personalization options and enhanced user-controlled password reset and user ID modification applications. A check register component will allow users of PFMs to utilize the Charter One application as an alternative. The second phase, set to roll out in March 2004, will include the integration of account aggregation, bank-to-bank transfers and a pay anyone service that will leverage an expanded Corillian and CashEdge partnership.“In just three years, we’ve gone from not offering online banking to being seen as an industry leader,” said Mike Dobbins, senior vice president, Charter One. “We see the value of this channel and are confident that Corillian will help us take online banking to new levels.”As part of the agreement, Charter One has agreed to an annual co-development budget whereby Charter One and Corillian will partner on new technologies, including the integration of third-party software into the Corillian application.In addition to the enhanced consumer banking site, Charter One has also signed agreements to transfer its small business banking application to Corillian – expanding its current “one size fits all” application by providing two tiers of small business online services. The basic version of the current application will be enhanced to include the addition of account aggregation, bank-to-bank transfers and pay anyone technology. The advanced version will use Corillian’s business banking applications to offer items traditionally found in cash management services and will include Wires and limited ACH for use in payroll and tax file creation.“We are thrilled about being selected to implement Charter One’s next-generation online services platform,” said Alex P. Hart, Corillian’s president and chief executive officer. “Charter One is one of the most visible names in online banking with a reputation for strong innovation and customer focus, and the advanced functionality and open architecture of the Corillian Voyager platform will enable Charter One to accelerate the development of new and innovative services for its customers. We’re confident that our combined abilities will lead to amazing new developments in the years ahead.”Charter One’s online banking service was introduced in December 2000 and has consistently been rated as one of the top Internet banking sites in the U.S. by Gomez, Inc.Charter One has $44 billion in total assets, making it one of the 25 largest bank holding companies in the country. The Bank has more than 550 banking center locations in Ohio, Michigan, New York, Illinois, Massachusetts, Vermont, Connecticut and entered Indiana in August 2003. The Company’s diverse product set includes: consumer banking, indirect auto finance, commercial leasing, business lending, commercial real estate lending, mortgage banking, and retail investment products. For additional information, including press releases, investor presentations, committee charters, and reports filed with the SEC, investors are directed to Charter One’s web site: www.charterone.com(link is external).last_img read more

Why He Hasn’t Proposed (Yet)

first_img Sharing is caring! Tweet Share Share Think every man who doesn’t propose is afraid to commit? Don’t be so sure. Read on for eight very real reasons even a man in love might not pop the question.1. His Parents’ Marriage Didn’t Make ItOur parents’ relationship offers us our first glimpse of the pros and cons of marriage, so if his mom and dad communicated best through lawyers, saying “I do” might be a huge don’t. “I know a few guys who remember their parents’ relationship as being full of poison, and the idea of marriage brings up the pain they felt when their parents divorced,” says Steve, 31, of Boston. “So instead of proposing to the women they loved, they broke things off when it got to that point in their relationships.”2. He’s Focused on His CareerMany men place the same emphasis on their career as some women do on their relationship status, which means that unless he’s made a name for himself at the office, he likely won’t be asking you to take his. Lisa Daily, author of How to Date Like a Grown-Up, says, “Most men want to have all their ducks in a row before proposing—they want to feel secure about their career prospects and financial situation before taking on a wife.”3. He’s Afraid of BoredomJust as you want to enjoy the excitement of something new and mysterious, so do men. “A lot of guys realize they are going to live to be 80, which means they will have to deal with the same person for 50 to 55 years,” says Dave, 32, of Chicago. “And unless there’s an effort to keep things exciting, that can get monotonous.”4. He’s Turned Off by Weddings“A lot of men think the whole wedding industry makes a mockery of marriage, and they get really turned off by how obsessed women get with it,” says Harold, 34, from Chicago. “It’s really unattractive when a woman you love freaks out about napkins, and it makes a lot of men wonder why women are so into getting married. Is it the diamond and the party or him?”5. He’s Not Ready to Be a DadMark, 33, from Sacramento, California, says his uncertainty about wanting kids at all is keeping him from popping the question. “I don’t know if I want to have children, and I don’t want to make a life-long commitment until I know where I stand,” he says.6. He’s Not Done Sowing His Wild OatsYou might be The One, but some guys have a hard time letting go of the possibility of being with other women. “The most common thing I hear around marriage from men is, ‘If I get married, this will be the last woman I ever sleep with,’” says Daily.7. He’s Afraid He’ll Have to Give Up His Dreams“The thing that stands out for me is the fear of settling down and forgoing my dreams,” says Eric, 27, of Ann Arbor, Michigan. “I saw my guy friends get married, immediately buy a house, have kids and eventually let go of their dreams. I feel that I still want to pursue my career goals, have adventures and be able to make last-minute decisions without informing someone. I’ll propose when I get that out of my system…or meet a girl willing to work with me on that.”8. He Can’t Afford the Ring“My girlfriend wants at least a one-carat ring. I’m starting to find out that my new career paths are not likely to make me a great deal of money, and that aggravates my worries that she will not want to stick around for life,” says Frank*, 32, of Los Angeles.*Name has been changed9. He’s Afraid Marriage Will Change You“A lot of guys hear that a woman will change once she gets married and that the happiness and mystery you enjoyed in the marriage goes away when the honeymoon is over,” says Steve, 33, of Charlotte, North Carolina. “When you think about that and combine it with the idea that you no longer have an easy out if it goes sour, it can be a deterrent.”By Brenda Della Casa,Glamour magazinecenter_img Share 39 Views   no discussions LifestyleRelationships Why He Hasn’t Proposed (Yet) by: – September 13, 2011last_img read more