IE
30% of Irish financial services firms intend to raise salaries
1 June 2010
If the prospect of a pay rise in the Irish financial sector last year seemed like an implausible ambition, it's not entirely beyond the realms of possibility in 2010.
Nearly 30% of financial services employers in Ireland surveyed by recruiters Premier Group expect to raise salaries by as much as 10% this year. Don't get too excited, though – the majority (62.8%) intend to keep pay static, while a small proportion of bears (6%) intend to cut salaries by up to 10%.
"Employers in the finance sector who experienced a severely contracted jobs market in 2009, expressed the most positive outlook on salary levels," says Brian Murphy, CEO of Premier Group.
These pay increases are unlikely to be enjoyed across the board, however, with accountancy roles experiencing the greatest demand in the first part of this year.
Fund administration firms in Ireland have also been eagerly recruiting since the start of 2010, suggests Premier, with hedge fund accountants, anti-money laundering specialists and compliance professionals experiencing the most demand.
Below is a selection of stats from Premier's 2010 salary survey, illustrating what you should expect to earn within these financial services roles in Ireland:
Source: Premier Group
