Bank of Ireland published a Brexit guide – Protecting against currency risk. The first step towards managing currency risk is to understand and quantify the exposure your business is open to. You need to review your costs and revenues to understand how exposed profit margins are to any changes in foreign currency rates.
The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.
We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.
Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.