Ireland | IMI & Banking 2018 Market Insights

Sarah Fallon our consultant managing the role

View IMI & banking salaries in Ireland.

Download the full Ireland 2018 Market Insight Report here »

IMI & BANKING

 Job title Salary range
 Newly Qualified Accountant €50,000 - €60,000
 Financial Accountant/Management Accountant €55,000 - €70,000
 Financial Analyst €55,000 - €70,000
 Senior Accountant €70,000+
 Senior Financial Analyst €70,000+
 Finance Manager  €70,000 - €80,000
 Finance Controller  €70,000 - €85,000
 Finance Director  €100,000+
 Chief Financial Officer  €125,000+

 

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20/08/18
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Should I stay or should I go now?
Should I stay or should I go now?

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Financial Services

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General

22/10/20

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Even though it appears that the world has turned on its head right now, surprisingly we have seen an increase in the number of professionals who have decided now is the time to make a move. Why now!? … well along with all the other changes lately, candidates are experiencing a range of changes to their roles, and for some, the negatives are outweighing the positives. In order to ascertain whether a candidate is ready to move, I have look for the five P’s in my conversations. What are these five P’s I hear you say?, (or maybe not, and lockdown is getting to me already!):Payment – It’s usually the first reason I get from a person looking for a new role, but the truth of it is that although payment or feeling you are being paid fairly is important, it’s only ever part of the reason you look to change your job. There is more to life than money and being in a very well paid job that you hate will never last! With people currently working from home and saving on travel, lunches and the extortionate amount of coffee we purchase – payment is only ever part of the puzzle! I regularly speak to candidates who are being paid up to 20% below the market average salary and when I ask them about making a move and tell them the disparity, they often respond with, ‘but I’m happy in my job’. This might sound crazy to some, but another ‘p’ is priorities, and everyone’s are different! People – Now, more than ever, people’s relationships with their colleagues are being tested. But not how you might think - I have spoken to professionals who are no longer searching for their new role to escape interpersonal challenges at the office, because rather than sitting beside someone for eight hours a day, it’s now virtual meetings a couple of times a week! Similarly, I have other candidates who were staying in roles just because they had very strong relationships with their colleagues, and that was the most positive aspect of their working day. Plateau – Growth is important and feeling like you are learning and growing year on year is an integral part of your career happiness. However, if this doesn’t go hand in hand with at least some of my other ‘P’s’, it’s unlikely that you will see a professional leave when they have hit the glass ceiling in a company they love working for. Often these candidates will actively seek out other opportunities for growth within their organisation. Sometimes candidates will give lack of progression as the reason when in fact they are unhappy with other aspects of their role. Place – Location and commuting are less relevant at the moment than ever before. Having to battle the traffic on the stairs in the morning is the most many of us have been doing recently. However, one consideration under this point at the moment is - has your employer made your ‘place’ any better for you? I spoke to a candidate recently and part of their reason for wanting to make a move was because their company did not provide them with a monitor to work from home comfortably. A monitor is a relatively small thing, but it helped the employee to work more efficiently. This was the last straw for them and gave them the drive they needed to look for a new role. I have also spoken to candidates who have praised their companies for sending a desk, supplies, treats and anything to make their working from home life better.  These acts of kindness by employers are earning loyalty points with employees. " Praise – People who feel appreciated by their colleagues and managers for the work they do generally work harder to continue this circle of praise. It’s human nature to seek positive reinforcement that we are good at our job and really appreciated for the work we do.So what can we take from this? That you can be well paid and feel you are developing within a company, and still be motivated to move. Similarly we can have great work colleagues and feel valued in our role, and still seek something more in our careers. However, in my opinion and experience, if your job ticks most of the P’s then are you really looking for a new job, or just testing the waters?I think we will see an even bigger focus on being content at work going forward, because although our work life balance might be a bit better these days, our job is still a big part of our lives. I would be very interested to hear if you think there are other strong motivators that drive professionals to leave, or stay in a role?

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Even though it appears that the world has turned on its head right now, surprisingly we have seen an increase in the number of professionals who have decided now is the time to make a move.

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Sarah Fallon

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Sarah Fallon

Sarah Fallon

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Sarah Fallon

Ireland | Public Practice & Taxation 2018 Market Insights
Ireland | Public Practice & Taxation 2018 Market Insights

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Finance & Accounting

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General

21/08/18

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View public practice & taxation salaries in Ireland. Download the full Ireland 2018 Market Insight Report here » PUBLIC PRACTICE & TAXATION  Job title Salary range  Trainee Accountant €18,000 - €25,000  Part Qualified Accountant €25,000 - €40,000  Audit Senior €40,000 - €50,000  Tax Senior €40,000 - €50,000  Assistant Manager €45,000 - €55,000  Manager  €55,000 - €60,000  Senior Manager  €70,000 - €90,000  Director  €90,000 - €120,000   View salaries in other sectors within Ireland »

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View public practice & taxation salaries in Ireland.

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Matthew Fitzpatrick

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Matthew Fitzpatrick

Matthew Fitzpatrick

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Matthew Fitzpatrick

Deutsche Bank to create Dublin jobs
Deutsche Bank to create Dublin jobs

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Financial Services

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General

11/04/16

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Some 700 financial services jobs are to be created in Dublin over the next few years as part of a further investment by Deutsche Bank, with the German organisation hoping to expand its influence in Ireland. The bank is planning to launch its regional hub and centre of excellence at a newly-purchased building in East Point, having garnered support from Irish government organisations for its move. Hiring will begin in earnest in 2014 but is expected to last for around four years as the company takes advantage of the glut of financial talent in the Irish market. Deutsche Bank has a long-standing presence in the Irish capital, having had a base there since 1991 - it currently employs more than 300 people across the city. However, this marks a major step up in its ambitions to play a role in the Irish financial services sector and was met with enthusiasm by politicians. Jobs minister Richard Bruton said the investment shows that finance is a sustainable and important part of the Irish economy. "In the past two years, we have seen strong employment growth in this area and major announcements by companies like Northern Trust and Clearstream," he added, describing this move from Deutsche Bank as a vote of confidence in the resurgent Irish economy. IDA Ireland chief executive Barry O'Leary contributed to the mood of positivity, describing the financial services providers as one of Europe's most dynamic banks. "Deutsche Bank has successfully built up a strong operation in Ireland over the last 20 years, and these plans to create a new Centre of Excellence in Dublin will confirm Dublin’s position as a significant European financial hub," he concluded. The Centre of Excellence is to see Deutsche Bank work with graduates from Irish universities to ensure it retains a strong pipeline of talent while based in the nation. Although Ireland has endured difficult times economically, its low corporation tax has made it something of a centre for European finance.

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Some 700 financial services jobs are to be created in Dublin over the next few years as part of a further investment by Deutsche Bank, with the German organisation hoping to expand its influence in Ireland.

Read full article
Matthew Fitzpatrick

by

Matthew Fitzpatrick

Matthew Fitzpatrick

by

Matthew Fitzpatrick

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