2006 - finfacts · 2007-12-20 · java developer with ejb/j2ee 35,000 45,000 60,000 web developer...
TRANSCRIPT
Introduction
Welcome to the Hudson Ireland Salary Survey 2006.
The latest economic study in Ireland has highlighted that Ireland will remain the fastest-growing
economy in the developed world over the next 15 years, according to Deutsche Bank. The bank
named Ireland, Spain and the US as the OECD economies that will grow most quickly between
2006 and 2020.
With an economy almost at full employment levels, it is giving way to a scarcity in candidates and
a war for talent in the marketplace. Employee behaviours are changing and as such are demanding
more from their employer in terms of benefits packages, flexibility in the workplace, hygiene factors
and their development plan. More employees will not stay long-term in a company as the previous
generation did and they are willing to take on contract roles for a lifestyle choice or to move
around more when they are unhappy with their current employer. This has highlighted the need for
companies to have much better thought-out retention strategies, including salary and related benefits.
The following pages contain the latest study of salary ranges in Ireland for the coming year gathered
from sources including salaries offered by clients, candidate salaries upon registration and advertised
salaries. It is important to note that all salaries are dependent on a number of key factors such as size
of company, location, company benefits schemes and so forth. As such, the survey should be used
as a guide only. Please feel free to contact one of our consultants if you have specific queries as they
would be delighted to assist you.
Whether you are looking for one new key employee, developing a volume recruitment campaign or
seeking advice on talent management, we are the only logical choice.
We hope that you find this survey of interest.
Peter Cosgrove
Country Manager – Ireland
�
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Commerce & Industry – Finance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4
Financial Services & Banking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6
Human Resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8
Information Technology . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Sales and Marketing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Supply Chain, Logistics & Service Operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Manufacturing & Technology . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Biotechnology/Pharmaceutical . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
Content
Commerce & Industry – Finance
Permanent Market (Table continues from previous page)
� �
The market for newly qualified accountants with 1 – 2 years’ PQE has continued to be extremely
buoyant for 2005 and is set to continue into 2006. In contrast with last year’s hike in basic salaries,
this year companies are looking to keep salaries stable and are trying to push their benefits package
as a way to attract candidates. Salaries at the more senior level are remaining quite static and
companies are focusing more on candidates coming from a similar industry background.
Internal Control and Risk is still an important area but the urgency on these roles has decreased
from last year. There has been an increase in more specialised roles like Tax, Treasury, Revenue
Assurance and Cost/Fixed Asset Accounting.
The contract market remains stable with companies often preferring to hire non-permanent
employees as a way to get around headcount restrictions. Salaries are slightly higher than the
permanent roles but not such a marked difference that would entice candidates to take contract
over permanent.
Permanent MarketJob Title Lower € Medium € Higher €Chief Financial Officer 110,000 130,000 150,000Finance Director 80,000 90,000 120,000Finance Controller 60,000 70,000 80,000Finance Manager 50,000 60,000 70,000Management Accountant 47,500 55,000 60,000Cost Accountant 47,500 55,000 60,000Financial Accountant 47,500 55,000 60,000Recently Qualified Accountant 40,000 43,000 45,000Part – Qualified Accountant 30,000 35,000 40,000Project Accountant 45,000 55,000 60,000Auditing Director 65,000 80,000 110,000Audit/Compliance Manager 60,000 75,000 90,000Auditor 40,000 50,000 60,000Business/Finance Analyst 45,000 55,000 65,000
Job Title Lower € Medium € Higher €Tax Accountant 50,000 55,000 60,000Tax Manager 60,000 70,000 80,000Treasury Manager 50,000 60,000 70,000Treasury Accountant 40,000 45,000 50,000Revenue Assurance Manager 60,000 70,000 80,000Payroll Manager 40,000 48,000 55,000
Shared Accounting Services
SSC Director 100,000 120,000 140,000Credit/Collections Manager 40,000 60,000 80,000Accounts Payable Manager 48,000 53,000 58,000Accounts Receivable Manager 48,000 53,000 58,000General Ledger Manager 50,000 55,000 60,000Accounts Payable Supervisor 32,000 36,000 40,000General Ledger Accountant 45,000 48,000 50,000
Financial Services & Banking
Banking Industry (Table continues from previous page)
6 �
The Banking market has been extremely buoyant throughout 2005, with companies recruiting
steadily. The global banks have each typically recruited 100 – 150 new staff in 2005, and this
growth curve is set to continue through 2006. The result for candidates has been an increase in
opportunities for those looking to move. Competition between companies wishing to recruit the
same candidate has been very apparent this year – a factor which was reflected in the value of
salaries and benefits packages offered to candidates.
Another keen trend emerging is the number of companies “counter-offering” candidates that seek
to resign. Companies are doing everything in their power to retain staff and are willing to promote,
increase salary and/or improve working conditions (such as a reduction in overtime worked). This is
now very typical within the Funds industry.
Banking IndustryJob Title Lower € Medium € Higher €Fund Accounting Manager 70,000 80,000 120,000Fund Accountant/Supervisor (Qual) 45,000 50,000 60,000Fund Accountant (Part – Qualified) 40,000 42,000 45,000Fund Accountant (1 – 3 yrs’ exp) 27,000 30,000 35,000Settlements Manager 60,000 70,000 80,000Settlement Team Leader 35,000 45,000 50,000Settlements Administrator (1 – 3 yrs’ exp)
27,000 30,000 35,000
Share Registration (1 yr+ exp) 27,000 30,000 32,000Shareholder Services Manager 60,000 70,000 80,000Shareholder Services Team Leader 35,000 45,000 50,000Shareholder Services Administrator (1 – 3 yrs’ exp)
27,000 30,000 35,000
Custody Manager 60,000 70,000 80,000Custody Team Leader 35,000 45,000 50,000Custody Administrator (1 – 3 yrs’ exp)
27,000 30,000 35,000
Compliance/Trustee Manager 60,000 70,000 90,000
Job Title Lower € Medium € Higher €Compliance/Trustee Officer 40,000 50,000 60,000Treasury
Treasury Manager 60,000 70,000 80,000Treasury Analyst 45,000 50,000 60,000Head of Treasury 90,000 100,000 150,000
Front Office Banking
Private Client Portfolio Manager 70,000 90,000 120,000Institutional Sales (Equities, Fixed Income) 65,000 90,000 120,000
Equity Research Analyst 40,000 65,000 95,000Corporate Finance Director 90,000 100,000 150,000Corporate Finance Executive 50,000 60,000 70,000Quantitative Analyst 40,000 55,000 80,000Derivatives Trading 50,000 60,000 120,000
Corporate Banking – Lending
Manager Corporate Lending 75,000 85,000 100,000Corporate Actions 27,000 30,000 35,000
Commercial Banking – Lending
Senior Credit Analyst 55,000 70,000 80,000Credit Analyst 45,000 50,000 55,000Junior Credit Analyst 35,000 40,000 45,000
Insurance
Claims Manager 45,000 60,000 75,000Claims Administrator 28,000 30,000 35,000General Insurance Administrator 25,000 28,000 32,000Commercial Underwriting Manager 40,000 60,000 75,000Underwriting Administrator 28,000 30,000 35,000Life & Pensions Regional Manager 50,000 64,000 82,000Life Assurance Administrator 25,000 28,000 34,000Pensions Manager 45,000 60,000 75,000Pensions Administrator 28,000 30,000 35,000
Human Resources
� �
As the war for talent increases more emphasis has had to be placed on attracting and retaining
quality employees. This has resulted in demand for roles in Recruitment, Compensation & Benefits
and Learning & Development.
The HR market has also finally begun to see an increase in salary levels. This is reflected in the fact
that Human Resources is now seen more as integral to and aligned with company business strategy
as opposed to a support function.
Permanent MarketJob Title Lower € Medium € Higher €HR Director (10+ yrs’ management) 95,000 120,000 150,000HR Director (5 yrs’ management) 80,000 85,000 95,000HR Manager (5 yrs’ management) 60,000 65,000 80,000HR Business Partner 50,000 55,000 60,000HR Generalist 40,000 45,000 50,000HR Officer 32,000 35,000 40,000HR Administrator 25,000 28,000 32,000
Specialist Skills
Compensation & Benefits Director 85,000 90,000 110,000Compensation & Benefits Manager 60,000 70,000 80,000Employee Relations Manager 50,000 60,000 70,000Industrial Relations Manager 60,000 70,000 85,000Learning & Development Manager 55,000 75,000 120,000Recruitment Manager 50,000 60,000 70,000Organisational Development Specialist
55,000 60,000 65,000
Permanent Market (Table continues from previous page)
Information Technology
10 11
Job Title Lower € Medium € Higher €2nd Line Support Engineer (Language)
23,000 30,000 35,000
1st Line Support Engineer 16,000 19,000 30,0002nd Line Support Engineer 22,000 30,000 35,000Sr. Field Service Engineer 30,000 40,000 50,000
QA Test & Localisation
Test Manager 40,000 47,000 60,000Software Tester (Unix) 25,000 37,000 45,000Software Tester (Windows) 25,000 35,000 45,000Localisation Development Manager 55,000 60,000 75,000Localisation Engineer 22,000 28,000 35,000
Software Development Roles
GUI Developer(Visual Basic PowerBuilder) 25,000 38,000 50,000Business Analyst 38,000 46,000 56,000Java Developer with EJB/J2EE 35,000 45,000 60,000Web Developer 25,000 30,000 40,000Software Engineer – C++, OOD 30,000 40,000 55,000Software Engineer – Visual C++, MFC
25,000 38,000 50,000
Cobol Analyst Programmer 25,000 33,000 40,000RPG/AS400 Developer 28,000 35,000 45,000Lotus Notes Developer 25,000 38,000 45,000
ERP Roles
SAP Project Manager 45,000 50,000 70,000SAP Consultant 33,000 50,000 65,000SAP Business Analyst 35,000 40,000 55,000ABAP Developer 35,000 45,000 50,000Siebel Developer 40,000 50,000 80,000Other ERP Consultant 33,000 50,000 60,000
It is common knowledge that activity in the IT&T sector in Ireland has begun to increase significantly
over the past year as the economy becomes more robust. As we head further into 2006, candidates
will have a greater variety of opportunities open to them and companies will need to offer increas-
ingly attractive packages in order to attract them.
More and more companies are moving towards Linux and .Net technologies and IT&T professionals
with these skill sets will be in greater demand during 2006. Candidates’ attitudes to remuneration
packages have changed also. They now place more emphasis on the salary, pensions and other
benefits than during previous years. The following salary survey is a snapshot of the current perma-
nent and contract rates.
Permanent MarketJob Title Lower € Medium € Higher €IT Management Roles
IT Director 95,000 100,000 150,000Software Development Manager 60,000 65,000 80,000Technical Architect 45,000 55,000 70,000Project Manager 47,000 55,000 70,000
Database Roles
DBA 35,000 45,000 60,000Database Developer (Oracle) 32,000 42,000 50,000Database Developer (Sybase DB2 Informix, SQL Server) 30,000 40,000 48,000Oracle Financials Developer 40,000 55,000 80,000
Technical Support
Technical Support Manager 45,000 48,000 80,0001st Line Support Engineer (Language)
17,000 20,000 33,000
Contract Market (Table continues from previous page)
Information Technology
Permanent Market (Table continues from previous page)
12 1�
Job Title Exp 1 – 2 yrs’ Exp 2 – 4 yrs’
Networking & Communications
Unix Systems Administrator 220 400Network Administrator 200 325
ERP
SAP Project Manager 400 820SAP Consultant 420 120
SAP Business Analyst 340 610ABAP Developer 300 420Siebel Developer 280 340
All contract salaries are stated on a per day basis.
Job Title Lower € Medium € Higher €Novell (LAN) 210 260 300Sr. Software Tester 240 280 360Jr.Software Tester 190 210 240
Job Title Lower € Medium € Higher €Networking Roles
Network Manager 35,000 45,000 60,000Network Engineer 28,000 35,000 45,000Network Administrator 30,000 38,000 45,000Helpdesk Manager 38,000 45,000 52,000Unix Systems Administrator 30,000 45,000 60,000Senior Network Engineer 30,000 33,000 41,000PC/Network Support 20,000 25,000 30,000
Networking Roles
Technical Writer 28,000 33,000 40,000Telecoms Engineer 32,000 44,000 55,000Technical Trainer 30,000 35,000 45,000
Job Title Lower € Medium € Higher €Systems Analyst 230 290 350VB/MS Access Team Leader 260 310 390VB/MS Access (3 – 5 yrs’ exp) 230 260 400C/C++/OOD (3 – 5 yrs’ exp) 250 310 380JAVA (1 – 3 yrs’ exp) 250 280 400C/UNIX (3 – 8 yrs’ exp) 380 450 520C/UNIX (1 – 3 yrs’ exp) 220 250 300Sr. Database Developer 320 400 475Jr. Database Developer 220 240 275Cobol Programmer Analyst 265 295 354SAP (3 – 5 yrs’ exp) 240 300 320SAP (1 – 3 yrs’ exp) 200 250 295T-comms 250 290 400NT/Windows (LAN) 200 240 260
Contract Market
Sales and Marketing
1� 1�
Sales and Marketing
Marketing – PermanentJob Title Lower € Medium € Higher €Marketing Director 70,000 95,000 140,000Marketing Manager 38,000 57,000 90,000Brand/Product Manager 32,000 41,000 50,000Market Research Manager 40,000 50,000 60,000Market Analyst 28,000 35,000 40,000Marketing Executive 25,000 32,000 38,000Senior Brand Manager/Product Manager
44,000 58,000 65,000
Assistant Brand Manager 27,000 32,000 36,000Market Research 23,000 27,000 33,000
In 2005 the Sales & Marketing sector has seen a significant increase in both opportunities for Sales
and Marketing professionals and a greatly expanded workforce in many Sales and Marketing depart-
ments.
In the next 12 months we expect recruitment levels to continue to rise across the board, in particular
in the IT&T sector.
Going forward, the key focus for a majority of companies is customer relationship management and
retention and as such, demand for roles within this area will continue to rise.
Sales – PermanentJob Title Lower € Medium € Higher €Sales Director 80,000 95,000 130,000Business Development Director 65,000 80,000 100,000Sales Manager 55,000 60,000 75,000Business Development Manager 50,000 60,000 75,000Channel Sales Manager 52,000 60,000 75,000Account Manager 40,000 45,000 50,000Account Executive 28,000 35,000 40,000Business Development Executive 40,000 45,000 50,000Sales Executive 25,000 32,000 38,000Telesales Representative 20,000 24,000 26,000
Supply Chain & Logistics (Table continues from previous page)
Supply Chain, Logistics & Service Operations
16 1�
Job Title Lower € Medium € Higher €Inventory Planning Manager 44,000 53,000 61,000Purchasing Assistant 23,000 27,000 32,000Purchasing Supervisor 36,000 42,000 48,000Purchasing Manager 44,000 54,000 64,000Supply Chain Analyst 25,000 35,000 50,000Supply Chain Manager 52,000 64,000 75,000Supply Chain Director 72,000 89,000 106,000Programme/Project Manager 50,000 62,000 75,000Operations Manager 58,000 67,000 83,000General Manager 72,000 85,000 103,000
Supply Chain & Procurement2005 saw a dramatic upturn in the demand for supply chain and procurement professionals and the
market, particularly within certain sectors or categories, is very much candidate-driven. Within the
telecommunications industry as a whole there has been resurgence in recruitment across all areas
of supply chain, particularly the mobile sector where procurement continues to be the area of great-
est candidate shortages. Other sectors showing an increase in recruitment are IT services compa-
nies, 3pl/4pl logistics and distribution companies.
There has been a significant increase in activity for supply chain and procurement professionals over
the last few months and we are now coming into the strongest employment market for candidates
since 2000. Most industries are in hiring mode after many years of cost cutting and we expect 2006
will demonstrate further increases in hiring activity across the board.
Job Title Lower € Medium € Higher €Junior Buyer 23,000 26,000 28,000Buyer 25,000 35,000 44,500Senior Buyer 41,000 46,000 51,000Commodity Manager 50,000 60,000 70,000Order Fulfillment Scheduler 24,000 29,000 35,000Order Fulfillment Manager 40,000 53,000 65,000Inventory/Materials Controller 23,000 27,000 30,000Inventory/Materials Planner 30,000 36,000 41,000Inventory/Materials Manager 45,000 57,000 65,000Warehouse Supervisor 30,000 36,000 41,000Warehouse Manager 36,000 44,000 51,000Logistics Manager 44,000 55,000 65,000Transport Manager 32,000 37,000 45,000Production Planner 28,000 32,000 36,000Planning Manager 44,000 54,000 64,000Senior Production Planner 41,000 49,000 57,000
Permanent (Table continues from previous page)
Manufacturing & Technology
1� 1�
Job Title Range €Facilities Roles
Field Service Engineers 30,000 – 60,000Maintenance Technician 30,000 – 40,000Facilities Supervisor 35,000 – 45,000Facilities Manager 40,000 – 65,000
Test Roles
Test Engineer 30,000 – 50,000Test Engineering Manager 45,000 – 65,000
Project Management Roles
Project Co-ordinator 30,000 – 40,000Programme/Project Manager 45,000 – 65,000
Design Personnel
Technicians 30,000 – 35,000Hardware Development Eng (1 – 5 yrs) 30,000 – 40,000Hardware Development Eng (5+ yrs) 40,000 – 50,000Hardware Development Eng (Mgmt) 50,000 – 65,000IC/ASIC Development Engineer 50,000 – 85,000Software Development Eng (1 – 5 yrs) 35,000 – 45,000Software Development Eng (5+ yrs) 40,000 – 50,000Software Development Eng (Mgmt) 49,000 – 65,000Systems Engineering 45,000 – 65,000Mechanical Development Eng (1 – 5 yrs) 30,000 – 40,000Mechanical Development Eng (5+ yrs) 40,000 – 50,000Mechanical Development Eng (Mgmt) 50,000 – 60,000Electrical Design Engineers 35,000 – 50,000Engineering Manager 50,000 – 85,000
Miscellaneous Engineering
Toolmaker 35,000 – 40,000SCADA/PLC 37,000 – 46,000
Ireland’s Technology sector continues to be characterised by strong, talented organisations. There
is continued growth within the medical device industry which is increasingly welcoming candidates
from the electronics and semi-conductor industry.
Ireland continues to be at the forefront of technology breakthroughs with companies operating in a
variety of high tech sectors from telecoms, software and hardware manufacturing to biotechnology,
healthcare and electronics. Six Sigma and 5S are becoming increasingly valuable with more compa-
nies looking to improve performance.
PermanentJob Title Range €Manufacturing Personnel
Production Supervisor 35,000 – 45,000Manufacturing Engineer 30,000 – 40,000Production Manager 45,000 – 60,000Manufacturing Ops Manager 55,000 – 70,000
Customer Service
Customer Services Engineer 30,000 – 40,000Technical Services Manager 40,000 – 65,000Customer Services Manager 40,000 – 60,000
Quality Roles
Documentation Co-ordinator 30,000 – 40,000Process Engineer 35,000 – 45,000Quality Engineer 35,000 – 40,000Quality Manager 45,000 – 56,000
All temporary (or day) rates are exclusive of NI/PRSI, working time directive and management charges.Permanent salary rates vary from company to company and are affected by the size of the organisation, sec-tor, economic conditions and the relative scarcity of candidates. All permanent salaries exclude benefits and bonuses.
Biotechnology/Pharmaceutical
20 21
The Biotechnology sector in Ireland is now fulfilling its promise to become one of the key sectors to
create a high-tech research and industrial base in Ireland. Enterprise Ireland has established a new
Biotechnology Directorate which partners 5 Irish universities and will also work with industry, tech-
nology transfer offices, research funders, bio-entrepreneurs and companies themselves.
Job Title Range €Lab Technician 25,000 – 35,000 Analytical Chemist (1 – 4 yrs) 25,000 – 35,000Analytical Chemist (4 – 7 yrs) 35,000 – 45,000Synthetic Organic Chemist (1 – 3 yrs) 30,000 – 40,000Synthetic Organic Chemist (3 yrs +) 35,000 – 45,000Biochemist 30,000 – 40,000Food Microbiologist 30,000 – 40,000Pharmaceutical Microbiologist 30,000 – 45,000Lab Manager (Pharma) 40,000 – 60,000Lab Manager (non Pharma) 40,000 – 55,000Serologist (1 – 3 yrs) 35,000 – 45,000Serologist (3 – 6 yrs) 40,000 – 50,000Quality Assurance (1 – 3 yrs) 30,000 – 40,000Quality Assurance (3 yrs +) 40,000 – 50,000Quality Control 30,000 – 45,000Auditor (GMP/GLP) 40,000 – 50,000Toxicologist 40,000 – 50,000Regulatory Affairs 45,000 – 70,000Validation Manager 45,000 – 85,000Validation Engineer 40,000 – 60,000Qualified Person 50,000 – 85,000
Christy MorganHudson10 Lower Mount StreetDublin 2tel: +353 1 676 5000fax: +353 1 676 [email protected]