Are you being paid enough? IrishJobs.ie, Irelandís number 1 recruitment website, today announced the results of its 2007 Salary Survey. A comprehensive report can be found on www.irishjobs.ie/salarysurveys detailing the salaries for all major categories including accountancy, admin/secretarial, architecture, banking and financial services, construction, hotel and catering, HR and training, IT, legal, public relations, sales and marketing and retail. Salaries can be compared by province or in some cases by city and in accordance to seniority of the role.
According to the IrishJobs.ie 2007 Salary Survey results, Senior Executives such as Managing Directors and Finance Directors are among Irelandís highest paid, earning an average of up to Ä250,000 and Ä220,000 respectively. Topping this, reports show that Tax Partners in public practice can earn up to Ä280,000.
The highly paid professions include accountancy, finance, human resources, IT and legal. An IT Director can earn up to Ä150,000 while a HR Director of a large company (750 employees) can expect to earn up to Ä190,000.
Valerie Sorohan, Marketing Manager, IrishJobs.ie commented: ìCertain positions, such as sales executives, quantity surveyors, engineering roles, fund accountants are difficult to fill and in some cases this impacts very positively on salaries.î
Although the IrishJobs.ie Salary Survey shows modest growth in banking salaries, certain positions have seen significant growth. A Fund Accounting Manager can now earn up to Ä150,000 compared to Ä120,000 last year. Quantitative Analysts have also seen significant salary increases. In 2006 they had the potential to earn up to Ä80,000. Today they can now command up to Ä120,000, representing a massive 50% rise.
Construction still remains a sector with high earning potential. As per the survey, Senior Estimators (5 years experience) and Senior Quantity Surveyors are the highest earners but a Contracts Manager is showing highest year on year salary increases of up to 17%. According to the survey, Contracts Managers can now command up to Ä140,000 in Dublin with salaries of up to Ä115,000 in Cork/Limerick and Ä110,000 in Galway.
Taking a career in the legal sector promises high salaries that are showing a continuing rise. A Salaried Partner is revealed by the IrishJobs.ie survey to be the highest earner commanding up to Ä160,000, compared to Ä120,000 in 2006. A solicitor with 6 years experience in a large sized specialist firm could earn up to Ä100,000 in 2006. Today they can command up to Ä150,000, an increase of 50%. Graduates can expect to earn up to Ä28,000 an increase of 12% year on year.
In hotel and catering, the biggest year on year increases revealed by the IrishJobs.ie 2007 Salary Survey are for Bar Managers and Hotel Managers. Bar Managers with 3 years experience can earn up to Ä45,000, an increase of 28%. The highest earner in the hotel and catering sector is the General Hotel Manager with 3 years of experience who can earn between Ä70,000 and Ä140,000 plus expenses, plus bonus, enjoying the highest salary increase in the sector of 40%.
Although working in Dublin generally earns the higher salary, this in most instances can balance itself out due to cost of living.
Valerie Sorohan, Marketing Manager, IrishJobs.ie concluded: ìThe IrishJobs.ie Annual Salary Survey provides important information to jobseekers, employees and employers alike. Although there are many different factors which contribute to job satisfaction, it is very important that your salary is in line with the industry average. Salaries should reflect the level and scope of your position and also recognise qualifications and experience. Incentives are key, but discrepancies in pay can affect employee morale and as a result, loyalty and productivity.íí
A comprehensive list detailing salaries across the main sectors in Ireland can be found by logging onto:
IrishJobs.ie Announces 2007 Salary Survey Results
Are you being paid enough?
