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Sigmar Recruitment
                              Salary Guide 2012




                Recruitment
www.sigmar.ie
Salary Guide 2012




Sigmar Recruitment, established in 2002, is recognised as one of the leading professional Irish recruitment companies        Contents
and employs 100 staff in seven offices in Dublin, Cork, Galway, Warsaw and Singapore.                                        Employment Market Overview...................3
                                                                                                                             Accountancy..............................................4
Our experience extends across Accountancy, Banking & Financial Services, Construction & Property, Engineering,               Banking & Finance....................................12
Healthcare, HR, IT, Insurance, Legal, Marketing, Pharmaceutical, Office & Multilingual, Online Gaming, Sales and Supply      Insurance..................................................21
Chain.                                                                                                                       Legal.........................................................25
                                                                                                                             HR.............................................................27
Our consultants have been recruiting for an average of 7 years each which gives us an additional dimension to our            Office.........................................................30
consultancy in this competitive market. Sigmar since its inception has had in recruiting for some of Ireland’s largest       Multilingual................................................32
employers, developed a deep understanding of the challenges facing employers and employees nationwide.                       Senior Management.................................35
                                                                                                                             Marketing..................................................36
We are on over 190 PSL with organisations nationwide, serving some of our clients in Europe & Asia. Sigmar can therefore     Sales.........................................................39
offer its candidates an impressive selection of opportunities with the top blue chip employers in Ireland.The level and      IT...............................................................43
consistency of service we deliver is reflected in the fact that we attract 37% of our candidates as a result of referrals.   Engineering...............................................48
                                                                                                                             Life Sciences.............................................51
For further information, please contact us on +353 1 4744600 or email info@sigmar.ie                                         Supply Chain & Logistics..........................55
                                                                                                                             Construction & Property Services.............58

                                                                                                                                                                                                   2
Employment Market Overview




There was a 13.5% growth in job placements in 2011 compared             As Europe began to stagnate, companies became slower to                On the other hand, the continued uncertainty in the European

to 2010. Signs of stabilisation in the Irish economy and banking        commit to hiring. Even though job placements have slowed slightly,     market, and additional austerity measures in Budget 2012, have

system, and a surprisingly strong first half economic performance       they have remained stable throughout Q4, with activity                 led to indigenous employers adopting an air of caution in their

contribute to the rise.                                                 accelerating throughout, which bodes well for the early part of        hiring decisions which will continue to be influenced by wider
                                                                        2012. Job placements will continue to further stabilise in the first   economic confidence throughout 2012.

Economic stabilisation in early part of 2011 brought with it a return   half of 2012 with steady growth predicted for the second half of

of confidence in business activity throughout the first half with       the year as the IDA supports jobs. Jobs in the domestic economy        There has been a significant increase in the amount of contract

considerably more job placements occurring through the first half       will continue to be largely influenced by confidence on the national   and temporary offerings throughout 2011 by companies where

of the year, peaking throughout the summer. The final quarter           and European economy.”                                                 flexible employment has become the norm. Therefore the demand

however saw a levelling off (-2.5%) in job placements due to a                                                                                 for flexible employment requirements is expected to continue

reduction in confidence, which impacted decision making among           There is a clear two tracked employment market emerging, with          throughout 2012. Candidates willing to be flexible and take these

employers and candidates.                                               the continued job creation among multinational companies and           roles more often than not find themselves being offered extensions
                                                                        stagnation among domestic employers. The IDA have reported a           and permanent contracts by the end of their term.

Robert MacGiolla Phádraig, Director, Sigmar Recruitment says: “It       marked rise on 2010 with 13,000 jobs being created in 2011, the

is clear from 2011 that confidence is the single biggest influence      impact of which should be seen throughout 2012 as the jobs come

on job creation with job placements being immediately affected by       to realisation. These IDA backed jobs will also have a knock on

economic sentiment. Job placements grew in the first half of the        effect with an estimated 3 jobs being created in the domestic

year peaking in July and August as the domestic economy                 service sectors for every FDI role.

gathered momentum.

                                                                                                                                                                                                               3
Accountancy: Financial Services




There was a slow start to 2011 and a bit of a bumpy ride throughout     There is a growing need for people within the Corporate Governance      Areas that will be in particular demand will be newly qualified

the summer but recruitment picked up tremendously from                  area (Internal audit, Risk and Control, Regulatory and Statutory        accountants trained in Big 4 companies, qualified accountants

September onwards for the rest of 2011.                                 reporting, Compliance and Sox roles). A lot of these roles are on the   with financial products knowledge, all levels of regulatory,

                                                                        permanent side due to the importance of the area and the fact that      statutory, risk and compliance staff as well as roles within

The finance side of the financial services market has been              a number of companies have found they need to increase                  implementation, process improvement and change

extremely busy in 2011. There is still a shortage of permanent          headcount in these departments .                                        management areas.

positions and most companies within the financial services sector

are recruiting people on short term and long term contracts, even       Financial Reporting is also a growing area and a number of              2012 certainly looks very promising for Qualified Accountants

up to 18 months.                                                        contractors will be needed from Dec 2011 to Feb/ April 2012 to cover    especially for those with strong project skills and financial

                                                                        year end.                                                               products knowledge.

For most of the roles there is still a preference for Big 4 trained

Accountants within all areas (Internal Audit, Financial Control, Risk   The start of 2012 looks to be very busy in Financial Services across    Credit Managers and candidates with Debt Restructuring

and Compliance etc)                                                     the board – Insurance, Banking, Investments.                            experience will be in demand however salaries will still be

                                                                                                                                                restricted.

                                                                                                                                                                                                             4
FINANCIAL SERVICES
                       JOB TITLE                                    DUBLIN                            REPUBLIC OF IRELAND

                                                        1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                           Exp         Exp         Exp         Exp            Exp          Exp
                       Finance Director                  80-95k      95-110k     110k +      80-95k         95-110k      110k +

                       Financial Controller              60-70k      70-80k      80k +       60-70k         70-80k          80k +

                       Head of Financial Reporting       70-80k      80-90k      90k +       70-80k         80-90k          90k +

                       Financial Reporting Manager       50-65k      65-80k      80k +       50-65k         65-80k          80k +

                       Finance Manager                   50-60k      60-80k      80k +       50-60k         60-80k          80k +

                       Internal Audit Manager            50-60k      60-70k      70k +       50-55k         55-65k          65k +

                       Treasury Manager                  50-60k      60-75k      70k +       50-60k         60-75k          70k +

                       Compliance Manager                50-60k      60-75k      70k +       50-60k         60-75k          70k +

                       Qualified Financial Accountant     45-50k      50-60k      60k +       40-50k         50-60k          60k +

                       Qualified Management Accountant    45-50k      50-60k      60k +       45-50k         50-60k          60k +

                       Finance Analyst (Qualified)        40-50k      50-55k      55k +       40-50k         50-55k          55k +




                                                                                                                                    5
www.sigmar.ie
FINANCIAL SERVICES   JOB TITLE                                              DUBLIN                            REPUBLIC OF IRELAND

                                                                  1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                                     Exp         Exp         Exp         Exp            Exp          Exp
                       Financial Reporting Accountant (Qual)       40-50k      50-55k       55k +      40-50k         50-55k        55k +

                       Regulatory Reporting Accountant (Qual)      40-50k      50-55k      55k +       40-50k         50-55k          55k +

                       Internal Auditor                            45-50k      50-55k      55k +       45-50k         50-55k          55k +

                       Treasury Accountant                         45-50k      50-55k      50k +       40-45k         45-50k          50k +

                       Compliance Accountant                       45-50k      45-55k      55k +       40-45k         45-55k          55k +

                       Sox Accountant                              45-50k      50-60k      55k +       45-50k         50-60k          55k +

                       SPV Accountant                              45-50k      50-55k      55k +       45-50k         50-55k          55k +

                       Part Qualified Accountant (Reg Reporting,
                       Fin Reporting, Global markets, Group
                       finance…)                                    25-30k      30-35k      35k +       25-30k         30-35k          35k +

                       Project contractors;
                       Project Contractors

                       Solvency II Accountant                      55-75k                              55-75k

                       Revenue Recognition Accountant              60-75k                              60-75k




                                                                                                                                              6
www.sigmar.ie
Accountancy: Industry and Commerce
RETAIL & COMMERCIAL BANKING




 2011:                                                              We have also seen a large number of contract positions and           2012:

 After a large number of redundancies in 2010, 2011 saw a slow      contracts with a view to being made permanent in 2011. Salaries      We predict an ever increasing activity in the market; companies

 but steady rise in vacancies in the industry & commerce sector.    made a slight increase throughout the year which makes 2012 all      have made their cuts, have plans to restructure and recruitment

 The year started slow but with a gradual rise.                     the more promising.                                                  needs to happen to put this plan of action in place. The big

                                                                                                                                         recruiters in Accountancy & Finance Industry areas will as always

 The main sectors recruiting were with US multinationals and IT     We found that a lot of companies were very particular in the type    be US Multinational/Pharmaceuticals/IT Companies.         But with

 companies with pharmaceuticals companies following suit. FMCG      of candidate & experience they wanted in 2011 and that will          Dublin being the European hub for many major world companies,

 (fast moving consumer goods) companies picked up during the        continue in 2012.                                                    a knock on effect will kick in and we will hopefully all reap the

 year with a strong rise to the end of the year.                                                                                         benefits from this. Candidates with ERP systems experience,

                                                                    One key area was systems, especially ERP systems. There was          ideally with a Big 4 background, will be in major demand.

 There was a large need for skills such as costing, pricing &       a high demand for candidates with SAP or Oracle and sometimes
 profitability analysis and fixed assets, mainly due to companies   companies ruled candidates out because they didn’t have time to      In 2012, we predict a demand for roles in Financial Planning &

 looking after every penny.                                         train candidates on the systems and wanted the successful            Analysis, Financial/Business Analysts, Costing and Risk Analysts,

                                                                    candidate to “hit the ground running”.                               Project Accountants as well as the natural progression from

 The slow down was more prevalent in the senior finance areas                                                                            Financial Accountants to Finance Manager/Financial Controller

 (CFO’s, Finance Directors & Financial Controllers) but as the      Employers are looking for candidates with a much broader range       level. This will hopefully see a growth in businesses & a growth in

 market picked up towards the summer a number of vacancies          of skills and experience who they think can go into the job and be   recruitment with the candidates being the ones to benefit in 2012.

 arose.                                                             adaptable, flexible and be able to meet any new tasks or

                                                                    challenges presented to them.
                                                                                                                                                                                                        7
INDUSTRY AND COMMERCE
                         JOB TITLE                                             DUBLIN                         REPUBLIC OF IRELAND

                                                                   1-2 Years   3-5 Years   5 Years +   1-2 Years   3-5 Years    5 Years +
                                                                      Exp         Exp         Exp         Exp         Exp          Exp
                         CFO                                        100k +     100-150k     150k +      100k +     100-140k      140k +

                         Finance Director                          90-100k     100-120k     120k +     90-100k     100-120k         120k +

                         Head of Internal Audit                     80-85k      85-90k      90k +       80-85k      85-90k          90k +

                         Financial Controller                       75-80k      80-85k      90k +       75-80k      80-85k          90k +

                         Financial Manager                          65-70k      70-75k      75k +       55-65k      65-75k          75k +

                         Financial Planning & Analysis (Manager)    60-65k      65-70k      70k +       55-65k      65-70k          70k +

                         Business Analyst                           50-55k      55-60k      60-65k      40-50k      50-60k       60-65k

                         Systems Accountant                         50-55k      55-65k      65-75k      50-55k      55-65k       65-75k

                         Internal Auditor                           45-55k      55-65k      65-75k      45-55k      55-65k       65-75k

                         Financial Analyst                          40-45k      45-50k      50-60k      40-45k      45-50k       50-60k

                         Fixed Assets Accountant                    35-40k      45-55k      55k +       35-40k      40-50k          55k +

                         Management Accountant                      40-45k      45-50k      50-55k      40-45k      45-50k       50-55k

                         Cost Accountant                            45-50k      50-55k      55k +       40-50k      50-55k          55k +

                         Revenue Accountant                         42-45k      45-50k      50k +       40-45k      45-50k          50k +




                                                                                                                                             8
www.sigmar.ie
INDUSTRY AND COMMERCE
                         JOB TITLE                                     DUBLIN                         REPUBLIC OF IRELAND

                                                           1-2 Years   3-5 Years   5 Years +   1-2 Years   3-5 Years    5 Years +
                                                              Exp         Exp         Exp         Exp         Exp          Exp
                         Treasury Accountant                45-50k      50-55k      55-60k      40-50k      50-55k       55-60k

                         Financial Accountant               40-45k      45-50k      50k +       38-42k      42-50k          50k +

                         Finalist                           38-40k      40-42k      42k +       38-40k      40-42k          42k +

                         Accountant Part Qual               26-32k      33-37k     37.5k +      25-32k      33-37k          37k +

                         GL Assistant                       26-32k      33-37k     37.5k +      25-32k      33-37k          37k +

                         Senior Credit Manager              50-55k      55-65k     65-75k +     45-55k      55-65k      65-75k +

                         Credit Control/ AR Manager         40-45k      45-50k      55k +       40-45k      45-50k          50k +

                         Credit Control/ AR Team Leader/
                         Supervisor                         32-35k      35-38k      40k +       30-35k      35-38k          38k +

                         Credit Control                     24-27k      28-34k      35k +       24-27k      27-32k          32k +

                         Accounts Payable Manager           40-45k      45-50k       55k+       35-45k      45-50k          55k+

                         Accounts Payable Team
                         Leader/Supervisor                  32-35k      35-38k      40k +       30-35k      35-38k          38k +

                         Accounts Payable                   26-28k      28-32k      33k +       25-28k      28-32k          33k +

                         Accounts Receivable                26-28k      28-32k      33k +       25-28k      28-32k          33k +

                         Payroll Administrator              27-29k      30-35k      35k +       25-28k      28-35k          35k +

                         Accounts Assistant/Technician      24-28k      30-35k      35k +       22-27k      27-35k          35k +




                                                                                                                                    9
www.sigmar.ie
Accountancy: Professional Services




Audit                                                                    Advisory / Consulting                                                   Taxation



2011 saw an increase in the demand for Qualified Audit                   There has been significant growth in the advisory area where the        During 2011 there was no significant growth in the demand for Tax

professionals to work in practice. This demand came primarily from       large practices with consulting arms are being engaged by large         Accountants for the practice sector. The majority of vacancies

the Top 20 accounting firms where additional staff was required          financial services and multinational companies. These companies         were at the more senior level with the large firms seeking

for audit assignments with large multinational companies. The            seek assistance on a range of matters including internal audit,         Managers and Senior Managers from other Big 4 or large firms.

most sought after candidates were recently Qualified Accountants         regulation, risk, process improvement and cost saving. The              With few available job opportunites in industry, many recently

who were coming from other Big 4 or Top 20 accounting firms. This        practices will always be most interested in hiring candidates with      qualified Tax Seniors or Managers are remaining in their positions

is mainly due to the needs of the large audit firms who require          previous advisory experience; however in Q3 & Q4 of 2011, they          in practice. This lack of movement in the market has ensured that

candidates with exposure to regulatory reporting standards such          have hired qualified accountants with no prior experience in this       the demand for Tax Accountants in practice has remained

as US GAAP & IFRS.                                                       specialist field. The ACA qualification is typically the most desired   consistent throughout the year.

                                                                         qualification but more recently, ACCA qualified candidates have

                                                                         been hired.

We predict that there will continue to be a large volume of                                                                                      Job opportunities will exist within the tax area during 2012;

opportunities for audit professionals at all levels within practice in                                                                           however they will be of a lesser volume than the other specialist

2012. With the number of multinationals located in Ireland, the          The advisory space continues to be a growth area within practice.       areas within practice. An increase in industry opportunities should

large audit firms will continue to be engaged to undertake audits        The increase in corporate governance requirements in place for          open more vacancies for qualified Tax Accountants within practice.

which will have a knock on effect on the required headcount for          all companies will mean that specialist help is required to meet the    The jobs that will arise are more likely to be at the senior and

their teams.                                                             regulatory and compliance requirements. This will be one area           management level and prior Big 4 tax experience will be required.

                                                                         where job growth is expected within 2012.
                                                                                                                                                                                                                   10
PROFESSIONAL SERVICES
                        JOB TITLE                                 DUBLIN    REPUBLIC OF IRELAND

                        Audit

                        Audit Semi Senior (Part Qualified)         20-30K          20-30K

                        Audit Senior (Part Qualified / Qualified)   30-45k          30-45k

                        Audit Manager                             45-60k          45-60k

                        Audit Senior Manager                      60-80k          60-80k

                        Audit Director                            80-100k        80-100k

                        Tax

                        Tax Semi Senior (Part Qualified)           20-30k          20-30k

                        Tax Senior (Part Qualified / Qualified)     30-45k          30-45k

                        Tax Manager                               45-60k          45-60k

                        Tax Senior Manager                        60-80k          60-75k

                        Tax Director                              80-100k         80-90k

                        Advisory

                        Advisory Senior (Qualified)                45-55k          45-55k

                        Advisory Manager                          45-60k          45-55k

                        Advisory Senior Manager                   60-80k          55-80k

                        Advisory Director                         80-100k        80-100k




                                                                                                  11
www.sigmar.ie
Banking & Financial Services




Within Investment Banking there has been an increase in the main       Compliance and Risk will continue to be areas of growth throughout       With the ever changing landscape in the Banking Industry it is

Back Office departments such as Fund Accounting and                    2012. As regulations within the financial sectors increase so will the   more unclear on how recruitment requirements will form

Shareholder Services with work in the more ancillary departments       demand on top talent in this area. This will be the area which is        throughout 2012. Candidates with careers in this area should

such as Custody, Pricing and Corporate Actions moving at a lesser      likely to see salary increases. The LCOI qualification will be in        expect to see increased contract work, lower salary levels and

pace.    The market for candidates within Funds is still quite         demand for Compliance candidates along with superior                     high competition for roles.

competitive with companies striving to attain the best candidates      Communications skills to implement Compliance quickly in fast

on the market.                                                         changing environments.                                                   There will be a large increase of experienced people on the

                                                                                                                                                market after mergers that have taken place so candidates

There has been a definite increase in the amount of contract and       Candidates in these areas need to make sure their CV’s are tailored      moving roles at this time should ensure that they are giving

temporary offerings in the last two years by Funds companies           per role which has never been more vital. Highlighting experience        themselves every opportunity to be hired by tailoring CV’s,

where sign off for permanent requirements is delayed due to            and skills relevant to the exact role is essential. There is huge        preparing intensively for interviews and being as flexible as

budget constraints or sign off by executive levels or international    competition for these roles and candidates need to give themselves       possible.

counterparts. Candidates willing to be flexible and take these roles   every opportunity to be called to interview. Grammar and bad

more often than not find themselves being offered extensions and       formatting is completely unacceptable.                                   Credit Managers and candidates with Debt Restructuring

permanent contract by the end of their term.                                                                                                    experience will be in demand however salaries will still be

                                                                       There are good opportunities in the Investment Banking Industry          restricted.

There is a strong demand for Project, Analytical and Statistical       and most companies are set to remain increasing and replacing staff

roles. Candidates with experience and industry qualifications are      throughout 2012 at a cautious but steady rate.

snapped up. These include SAS, SQL, PMP, Six Sigma, and

Prince II.
                                                                                                                                                                                                             12
CORPORATE /PRIVATE BANKING    JOB TITLE                                                 DUBLIN                                REPUBLIC OF IRELAND

                                                                             1-2 Years   3-5 Years     5 Years +      1-2 Years      3-5 Years     5 Years +
                                                                                Exp         Exp           Exp            Exp            Exp           Exp
                               Senior Private Banking Manager                 65-75k      80-90k         90k +         60-65k         70-80k         80k +

                               Senior Corporate Banking Manager               65-75k      80-90k         90k +         60-65k         70-80k         80k +

                               Senior Equity Analyst                          60-65k      70-75k         80k +         50-55k         60-65k         70k +

                               Risk Manager                                   60-65k      70-75k         80k +         55-60k         65-70k         75k +

                               Credit Manager                                 50-55k      60-70k         75k +         45-50k         55-65k         70k +

                               Lending Officer                                  45-50k      55-60k         65k +         40-45k         50-55k         55k +

                               Private Banking Manager                        45-50k      55-60k         65k +           45k          50-55k         60k +

                               Relationship Manager                           45-50k      55-60k         65k +           45k          50-55k         60k +

                               Portfolio Administrator                        25-28k      32-40k          n/a          23-26k         28-35k          n/a




                              The majority of domestic banks are continuing to                       Similar to the last two years, candidates with experience

                              experience salary and bonus freezes while a number of                  in credit and risk analysis, asset restructuring and

                              international banking institutions are unsure of how                   compliance are seeing a high demand for their skills

                              things will pan out due to major group restructures from               which has led to more competitive salary changes in

                              their parent companies.                                                these areas.



                              Many financial services employers predict a small                      Overall, 2011 has shown a gradual upswing in

                              percentage increase in salaries for 2012 in areas such                 recruitment within the banking sector with an emphasis

                              as credit, risk and compliance, while operational level                on fixed term contract roles at both senior and junior

                              salaries will remain flat.                                             levels.


                                                                                                                                                                 13
www.sigmar.ie
TREASURY      JOB TITLE                                       DUBLIN                          REPUBLIC OF IRELAND

                                                    1-2 Years   3-5 Years   5 Years +   1-2 Years    3-5 Years   5 Years +
                                                       Exp         Exp         Exp         Exp          Exp         Exp
                Head of Treasury                     85-95k     100-110k     110k +      75-85k       90-100k     100k +

                Treasury Operations Manager (Back
                Office)                                60-65k      65-70k      70-90k       60k          65k        70k +

                Treasury Specialist                  28-35k      35-45k      50-60k      26-32k       32-40k      45k +

                Treasury Administrator               20-26k      26-32k      32-38k      20-25k       25-30k      32-38k

                Treasury Risk                        28-35k      35-50k      55-70k      25-32k       32-45k      45-60k

                Treasury Dealer                      20-34k      40-55k      55-75k      21-30k       35-45k      45-65k




                                                                                                                             14
www.sigmar.ie
RETAIL & COMMERCIAL BANKING   JOB TITLE                                             DUBLIN                            REPUBLIC OF IRELAND

                                                                        1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                                           Exp         Exp         Exp         Exp            Exp          Exp
                              Senior Commercial banking Manager          60-80k      70-90k     90-130k      55-70k         75-80k      85-110k

                              Commercial Lending                         35-45k      50-60k      65k +       30-35k         40-50k          55k +

                              Head of Risk Modeling
                              (SAS/SPSS/VBA/SQL)                         70-90k     90-110k     100-150k     65-80k         80-100k     100-130k

                              Credit Risk Modeling (SAS/SPSS/VBA/SQL)    35-48k      45-70k      70-90k      30-40k         45-60k          60k+

                              Equity Analyst                             35-40k      42-50k      55k +       30-35k         40-45k          50k +

                              Senior Credit Analyst                      35-40k      42-50k      55k +       35-40k         40-45k          50k +

                              Risk Analyst                               35-40k      45-55k      65k +       30-35k         35-45k          48k +

                              Underwriter                                28-30k      32-40k      45k +       25-28k         30-35k          40k +

                              Credit / Loans Administrator               21-24k      25-27k      32k +       20-22k         24-26k          28k +

                              Mortgage Administrator                     21-24k      25-27k      30k +       20-22k         24-26k          28k +

                              Mortgage Collections                       22-26k      26-35k      40-60k      21-24k         25-30k          35k+

                              Bank Assurance Advisor                     21-24k      25-27k      30k +       20-22k         24-26k          28k +

                              Customer Service                           21-24k      25-27k      30k +       21-23k         24-26k          28k +

                              Retail Banking                             19-22k      24-26k      27k +       19-21k         22-24k          25k +




                                                                                                                                                    15
www.sigmar.ie
FINANCIAL SERVICES – FRONT OFFICE   JOB TITLE                               DUBLIN                         REPUBLIC OF IRELAND

                                                                1-2 Years   3-5 Years   5 Years +   1-2 Years   3-5 Years   5 Years +
                                                                   Exp         Exp         Exp         Exp         Exp         Exp
                                    Senior Wealth Manager        60-65k      65-75k      75-90k      55-60k      60-70k      70-90k

                                    Wealth Manager               40-50k      50-60k     60-65k +     38-45k      45-55k     55-60k +

                                    Financial Adviser            28-35k      35-45k      45-55k      26-32k      32-40k      40-50k

                                    Senior Portfolio Manager     65-75k      75-85k      85-95k      60-70k      70-80k      80-90k

                                    Portfolio Manager            50-60k      60-65k      65-75k      45-55k      55-60k      60-65k

                                    Stockbroker                  45-55k      55-65k     65-80k +     45-55k      55-65k     65-80k +

                                    Junior Stockbroker           28-35k      35-50k       n/a        25-28k      28-40k          n/a

                                    FX Sales Trader              40-50k      50-60k      60-70k      35-45k      45-55k      55-60k

                                    Equity/Bond Sales Trader     45-55k      55-65k      65-75k      40-45k      50-55k      55-65k

                                    Pensions/Investment Sales    25-35k      35-50k      50-60k      26-28k      28-45k      45-50k




                                                                                                                                        16
www.sigmar.ie
COMPLIANCE/LISTING   JOB TITLE                                          DUBLIN                          REPUBLIC OF IRELAND

 (across all areas)                                          1-2 Years   3-5 Years    5 Years +   1-2 Years   3-5 Years   5 Years +
                                                                Exp         Exp          Exp         Exp         Exp         Exp
                      Head of Compliance                      80-85k      90-105k    110-120k +    70-75k      80-95k       95k +

                      Compliance Manager                      60-65k      70-75k       80k +       55-60k      65-70k          70k +

                      MLRO                                    60-65k      70-75k       75k +       55-60k      65-70k          70k +

                      Compliance Assistant Manager / Officer    40-45k      50-55k       55k +       30-38k      40-50k          50k +

                      Compliance Administrator                25-28k      30-35k       35k +       24-27k      28-32k          32k +

                      AML Officer                               28-32k      32-42k      40-50k       26-30k      30-40k          40k+

                      Fraud Risk Manager                      45-50k      55-60k       65k +       40-45k      50-55k          60k +

                      Fraud Risk Officer                        25-30k      32-40k       45k +       24-28k      30-35k          40k +

                      Listing Executive                       30-35k      40-45k       55k +       28-32k      35-40k          45k +




                                                                                                                                       17
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FUND SERVICES                   JOB TITLE                                        DUBLIN                          REPUBLIC OF IRELAND

                                                                      1-2 Years   3-5 Years   5 Years +   1-2 Years    3-5 Years    5 Years +
                                                                         Exp         Exp         Exp         Exp          Exp          Exp
                                 VP Fund Accounting                    85-95k     110-120k     125k +      75-85k       95-105k      115k +

                                 AVP Fund Accounting                   70-75k      80-85k      90k +       60-65k       70-75k          80k +

                                 Fund Accounting, Manager              55-60k      65-75k      75k +       50-55k       60-65k          70k +

                                 Fund Accounting, Assistant Manager    40-45k      45-55k      55k +       35-40k       45-50k          55k +

                                 Senior Fund Accountant (2yrs exp)     28-32k      32-42k       n/a        28-30k       32-40k           n/a

                                 Fund Accountant                       23-28k      30-32k       n/a        24-26k       28-35k           n/a




 CORPORATE ACTIONS/MARKET DATA   JOB TITLE                                         DUBLIN                         REPUBLIC OF IRELAND

                                                                      1-2 Years   3-5 Years   5 Years +   1-2 Years    3-5 Years   5 Years +
                                                                         Exp         Exp         Exp         Exp          Exp         Exp
                                 Manager                               55-60k      65-70k       70k +      50-55k       60-65k       65k +

                                 Assistant Manager / Supervisor        40-45k      50-55k       55k +       40k         45-50k          50k +

                                 Senior Administrator                  28-32k      35-38k      38-45k      26-30k       32-35k      35-40k

                                 Administrator                         23-28k      30-32k        n/a       22-26k       28-30k          n/a




                                                                                                                                                18
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SHAREHOLDER SERVICES/   JOB TITLE                                                DUBLIN                        REPUBLIC OF IRELAND

  TRANSFER AGENCY                                                     1-2 Years   3-5 Years   5 Years +   1-2 Years   3-5 Years    5 Years +
                                                                         Exp         Exp         Exp         Exp         Exp          Exp
                          Head of Shareholder Services                 85-95k     100-110k     120k +      75-85k      90-100k      105k +

                          Shareholder Services Manager                 60-65k      65-75k      80k +       55-60k      60-70k          75k +

                          Shareholder Services Assistant Manager       40-45k      45-50k      50k +       35-40k      40-45k          45k +

                          Shareholder Services Supervisor / Team
                          Lead                                         35-40k      40-45k      45k +       30-35k      35-40k          40k +

                          Shareholder Services Senior Administrator    28-32k      33-35k       n/a        26-30k      31-33k           n/a

                          Shareholder Services Administrator           23-28k      30-32k       n/a        22-26k      28-30k           n/a




 CUSTODY                  JOB TITLE                                               DUBLIN                         REPUBLIC OF IRELAND

                                                                      1-2 Years   3-5 Years   5 Years +   1-2 Years   3-5 Years   5 Years +
                                                                         Exp         Exp         Exp         Exp         Exp         Exp
                          Head of Custody                              65-75k      75-85k       90k +      60-70k      75-80k       85k +

                          Custody Manager                              55-60k      65-75k      70k +       50-55k      60-65k          70k +

                          Custody Assistant Manager /Supervisor        40-45k      50-55k      55k +       35-40k      45-50k          50k +

                          Senior Custody Administrator                 28-32k      35-38k       n/a        26-30k      31-35k          n/a

                          Custody Administrator                        23-28k      30-32k       n/a        21-26k      28-30k          n/a




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FINANCIAL REPORTING
                         JOB TITLE                                                  DUBLIN                               REPUBLIC OF IRELAND

                                                                        1-2 Years   3-5 Years     5 Years +      1-2 Years      3-5 Years      5 Years +
                                                                           Exp         Exp           Exp            Exp            Exp            Exp
                         Head of Shareholder Services                    85-95k     100-110k       120k +         75-85k         90-100k        105k +

                         Shareholder Services Manager                    60-65k      65-75k         80k +         55-60k         60-70k         75k +

                         Shareholder Services Assistant Manager          40-45k      45-50k         50k +         35-40k         40-45k         45k +

                         Shareholder Services Supervisor / Team
                         Lead                                            35-40k      40-45k         45k +         30-35k         35-40k         40k +

                         Shareholder Services Senior Administrator       28-32k      33-35k          n/a          26-30k         31-33k          n/a

                         Shareholder Services Administrator              23-28k      30-32k          n/a          22-26k         28-30k          n/a




                        For the past year the volume of recruitment in the fund                 It has also been predicted that appointments on a

                        services sector has been low in the small to medium                     temporary and contract basis are due to increase again

                        sized fund organisations. The larger organisations have                 in 2012 as it has over the past few years. Overall, there

                        been slightly busier recruiting at the junior level to                  is a positive outlook across the industry for 2012 in

                        specialist level hirer. It is believed that there will be               comparison to the previous 2 years.

                        candidate movement across the sector in 2012 due to

                        salary, bonus and progression freezes in previous years.



                        Many clients predict minimal bonus and salary increases

                        early in 2012 where the majority will be depending on

                        individual performance. Some organisations are

                        continuing to cross-train fund professionals and

                        encourage further external training.



                                                                                                                                                            20
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Insurance




            Since the shift in 2010 from high volume to strategic recruitment.         Dissimilarly to these areas, we have seen most drop off in general

            We are starting to see an increased requirement for specific skill         lines insurance with the current climate making it unfeasible to

            sets across the board in the insurance sector. Opportunities in the        up-hold regular creation of roles.

            industry have risen steadily in the last twelve months although

            salaries seem to be on a par with 2010 rates.                              The attraction to Ireland for International organisations remains

                                                                                       relatively strong. In 2010 and 2011 we continued to see an increase

            An unusual but very common trend we have seen, is an influx of             in key players in the Life Insurance industry who decided to

            professionals from abroad joining the Irish market. This is due to         centralise their European Operations in Ireland. This brought on

            the stagnant candidate base throughout the sector, particulary in          various associated projects and we expect to see that          trend

            Dublin.                                                                    continue in 2012.



            Recent trends include an increase in Compliance roles within the           We have seen continued growth in 2011 in the areas of Compliance,

            sector. Along with this there has also been an increase in Risk            Risk, Solvency II, Business Analysts, Product Specialists, Actuaries,

            Solvency II roles but not to the same degree. The areas we have            Project Managers and Programme Managers. The industry has

            seen most development in are the fields of actuarial, credit, risk         seen some positive growth and in particular these areas will

            and compliance and also reinsurance. With the need of part and             continue to have increasing opportunities in 2012 .

            fully qualified actuaries at an all time high, newly qualified actuaries

            have begun to commandi salaries from €80,000 upwards.


                                                                                                                                                               21
GENERAL         JOB TITLE                                  DUBLIN                            REPUBLIC OF IRELAND

                                               1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                  Exp         Exp         Exp         Exp            Exp          Exp
                Operations Manager                n/a         n/a      80-110k        n/a            n/a       70-100k

                Underwriting Manager             n/a        50-60k     60-100k       n/a           50-60k          50-90k

                Personal Lines Manager           n/a        45-50k      50-60k       n/a           40-50k          50-60k

                Claims Manager                   n/a        35-45k      45k +        n/a           35-45k          45k +

                Commercial Underwriter          24-28k      28-45k      45k +       24-28k         28-45k          45k +

                Personal Lines Underwriter      23-25k      25-35k      35k +       23-25k         25-35k          35k +

                Commercial Account Executive    35-40k      40-50k      50k +       35-40k         40-50k          50k +

                Commercial Account Handler      30-35k      35-40k      40k +       30-35k         35-40k          40k +

                Corporate Broker                23-28k      28-40k      40k +       23-25k         25-40k          40k +

                Personal Lines Broker           21-26k      26-35k      35k +       21-26k         26-35k          35k +

                Claims Handler                  22-25k      25-35k      35k +       22-25k         25- 35k         35k +

                Loss Adjustor                   24-30k      30-45k      45k +       24-30k         30-45k          45k +




                                                                                                                            22
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ACTUARIAL      JOB TITLE                                DUBLIN                            REPUBLIC OF IRELAND

                                             1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                Exp         Exp         Exp         Exp            Exp          Exp
                Trainee Actuary (Graduate)    30-40k        n/a         n/a       28-40k           n/a          n/a

                Part Qualified                 40-45k      45-55k      55k +      35k-40k         40-50k          50k +

                Nearly Qualified               55-60k      60-70k      70k +       45-55k         55-65k          65k +

                Newly Qualified                80-95k     95-110k      110k +      70-80k         80-100k         100k +

                Qualified Actuary              110k +       n/a         n/a        100k +           n/a            n/a

                Actuarial Manager             120k +       n/a         n/a        110k +           n/a            n/a

                Chief Actuary                 140k +       n/a         n/a        120k +           n/a            n/a




 COMPLIANCE     JOB TITLE                                 DUBLIN                           REPUBLIC OF IRELAND

                                             1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                Exp         Exp         Exp         Exp            Exp          Exp
                Compliance Manager            35-45k      45-65k       65k +      30-40k         40-60k        60k +

                Compliance Officer              22-28k      28-40k       40k +      22-25k         25-40k          40k +




                                                                                                                          23
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LIFE & PENSIONS   JOB TITLE                              DUBLIN                           REPUBLIC OF IRELAND

                                             1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                Exp         Exp         Exp         Exp            Exp          Exp
                   Operations Manager           n/a       60-70k       70k +        n/a          50-60k        60k +

                   Pensions Manager             n/a       45-55k      55-80k        n/a           40-50k         50-75k




 REINSURANCE       JOB TITLE                             DUBLIN                            REPUBLIC OF IRELAND

                                             1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                Exp         Exp         Exp         Exp            Exp          Exp
                   Reinsurance Manager        65-75k      75-85k     85-120k      55-65k         65-75k      75-100k

                   Reinsurance Underwriter    30-40k      40-55k      55k +       26-35k         35-50k          50k +

                   Reinsurance Broker         25-32k      32-45k      45k +       25-30k         30-40k          40k +




                                                                                                                          24
www.sigmar.ie
Legal




        Following the the slow down in the legal sector in 2009 and 2010     There has been an increase in companies hiring in-house counsel.

        there has been an increase in hiring both for private practice and   Most roles require specific experience in specialist areas, the

        in-house roles through 2011. In particular the financial services    objective being to reduce the external legal consultancy fees and

        sector has had increased requirements for both contract and          develop in-house legal expertise tailored to suit business

        permanent in-house legal staff. There has been a demand for          requirements.

        experienced Funds lawyers and within the Banking sector an

        increased requirement for solicitors with experience in Regulatory

        Compliance, Collections and Lending Restructuring. There has

        also been an increase in activity with regard to Litigation,

        Corporate and Commercial law.




                                                                                                                                           25
PRACTICE     JOB TITLE                                DUBLIN                           REPUBLIC OF IRELAND

                                            1-2 Years   3-5 Years   5 Years +    1-2 Years     3-5 Years    5 Years +
                                               Exp         Exp         Exp          Exp           Exp          Exp
                Partner                     80k-100k    100k-120k    120k +      80k-100k      100k-120k     120k +

                Senior Associate            70k-80k       80k +       n/a        70k-80k         80k +           n/a

                Associate                   50k-60k      60k-70k      n/a        50k-60k        60k-70k          n/a

                Solicitor                   35k-50k      50k-70k     70k +       35k-50k        50k-70k         70k +

                Newly qualified              25k-35k        n/a        n/a        25k-35k          n/a            n/a

                Legal Executive/Paralegal   22k-25k      25k-35k     40k +       22k-25k        25k-35k         40k +




                 JOB TITLE                                DUBLIN                           REPUBLIC OF IRELAND
   IN HOUSE
                                            1-2 Years   3-5 Years    5 Years +    1-2 Years     3-5 Years       5 Years +
                                               Exp         Exp          Exp          Exp           Exp             Exp
                 Head of Legal              90k -110k   110k-140k     140k +      80k-100k      100k-120k        120k +

                 Senior Counsel              70k-90k     90k-130k     130k +        n/a            n/a            n/a

                 Funds Lawyer                65k-80k      80k-90k     90k +       65k-80k        80k-90k         90k +

                 General Counsel             45k-65k      65k-90k     90k +       40k-60k        60k-80k         80k +

                 Legal Executive             25k-30k      30k-40k      40k+       22k-25k        25k-35k          40k+




                                                                                                                            26
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CHARTERED SECRETARIES   JOB TITLE                                  DUBLIN                         REPUBLIC OF IRELAND

                                                           1-2 Years   3-5 Years   5 Years +   1-2 Years   3-5 Years    5 Years +
                                                              Exp         Exp         Exp         Exp         Exp          Exp
                            Head of Department              70k-80k     80k-90k      90k +      70k-80k     80k-90k       80k +

                            Company Sec. (Qualified)        35k-40k     35k-45k      45k +      28k-35k      35k-40k         40k +

                            Company Sec. (Part qualified)   25k-28k     28k-40k      40k +      25k-28k      28k-35k         35k +

                            Trainee Company Secretary      20k-25k     25k-28k      28k +      20k-25k      25k-28k         28k +




                                                                                                                                    27
www.sigmar.ie
Human Resources




                  The HR Market continues to be challenging with few permanent positions

                  available and a high level of competition amongst candidates. The

                  availability of contract positions has remained steady with particular

                  requirements in the areas of Talent Acquisition, HR Projects, Employee

                  Relations and Compensation & Benefits.       There has also been a

                  requirement for experienced Change Management candidates for

                  project roles within a variety of sectors.




                  The HR Shared Services area is continuing to grow and with it there has

                  been a specialist demand for multilingual HR professionals.




                                                                                       28
HR GENERAL         JOB TITLE                                                 REPUBLIC OF IRELAND
                                                                        REPUBLIC OF IRELAND

                                                            1-2 Years         3-5 Years          5 Years +
                                                               Exp               Exp                Exp
                     HR Director                             80-95k            95-110k            120k +

                     Senior HRM                              6575k             75-90k                90k +

                     HR Manager / Business Partner           46-55k            55-65k                65k +

                     HR Generalist                           35-45k            45-55k                55k +

                     HR Officer                                28-35k            35-40k                40k +

                     HR Administrator                        25-30k            30-35k                35k +

                     Training Manager                        45-50k            55-75k                75k +

                     Training Officer                          25-30k            30-42k                42k +




  SPECIALIST ROLES   JOB TITLE                                          REPUBLIC OF IRELAND

                                                            1-2 Years         3-5 Years          5 Years +
                                                               Exp               Exp                Exp
                     Talent Acquisition Manager              40-45k            45-50k              50k +

                     Talent Acquisition Specialist           30-35k            35-40k                45k+

                     Compensation & Benefits Manager          35-45k            45-60k                65k +

                     Compensation & Benefits Administrator    25-30k            30-40k                40k +

                     ERO/IRO Manager                         46-54k            55-70k                70k +

                     Employee Relations Officer                25-35k            35-53k                55k +

                     Industrial Relations Officer              25-35k            35-55k                55k +


                                                                                                             29
www.sigmar.ie
Office Support Staff




                    The office sector regained some of its former vigour with steady       Traditional sectors like Legal, Pharmaceutical, Banking and

                    growth in 2011. The year started with strong opportunities for         Financial Services, who had previously downsized support staff

                    professional administrator/receptionists across a variety of           numbers, returned to the market to recruit candidates within these

                    companies.                                                             roles.



                    As the year progressed excellent opportunities for professional        Opportunities for well qualified and flexible juniors also remain

                    and experienced PAs were becoming more evident. Long term              available across all sectors. With 2011 closing on a positive note,

                    contract and permanent roles opened not only for the traditional       for office staff, we anticipate that the momentum built during the

                    PA but also for the career PA. In certain areas responsibilities and   year will carry forward to 2012.

                    salaries grew significantly as did the scope of the roles opening

                    up to experienced PA’s.




                                                                                                                                                          30
OFFICE ROLES   JOB TITLE                                      DUBLIN                            REPUBLIC OF IRELAND

                                                   1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                      Exp         Exp         Exp         Exp            Exp          Exp
                Administrators                      21-23k      25-30K       30k +      20-22k         23-25k        25k +

                Receptionists                       20-25k      27-30k      30k +       20-23k         24-28k          28k +

                Secretaries                          25k        28-32k      35k +       20-25k         25-30k          30k +

                Personal Assistants                 30-35k      35-40k      40k +       20-24k         25-30k          35k +

                Office Managers                       30-35k      35-40k      40k +       20-24k         25-30k          35k +

                Legal Secretaries                   25-27k      27-32k      35-40k      22-25k         25-30k          35k +

                Customer Service Representatives    23-25k      25-30k      30k +       18-24k         25-30k          30k +

                Post room Clerks                    20-23k      25-28k      28k +       20-23k         25-28k          28k +

                Data Entry Clerks                   20-22k      22-25k      25k +       18-24k         25-30k          30k +




                                                                                                                               31
www.sigmar.ie
Multilingual




Ireland Overview                                                         Ireland Economic Landscape                                          IDA Partnership

National and International media has been focused on Ireland             One key area which is focused on more than most by our              The IDA promised at the start of 2011 to encourage new

since 2008, with reports erring very much to the side of an              European media partners is our current unemployment rate,           companies to Ireland at a rate never seen before with a target

economic meltdown and potential repercussions as a result of the         set at 14.3%, and something which no one can dispute. How           of 20’000 jobs created through various shared service centres

European bailout and subsequent budget reforms. Ireland did              then can we explain the demand for jobs in Ireland across           and call centre operations. The IDA has hit most assigned

indeed go through one of the biggest booms ever seen throughout          sectors such as IT, Pharma, Engineering, Banking and                targets and the result is clear given the demand for candidates

our economic history, leading to international relations with our        Finance? The area which is showing the biggest demand for           who are skilled and multilingual. Their work in developing

Euro counterparts developing on never seen before scales and             skilled candidates encompasses all of the above and requires        partnerships with international companies has allowed Ireland

ultimately a borrowing scale which far outweighed our monetary           just one thing-an additional language. Multilingual recruitment     to get back on the investment map, boosting our attractiveness

capabilities. We are all aware of the outcome and as we enter 2012       continues to grow and shape our economy, with approximately         as a location for companies to base their operations here in

after one of the toughest budgets ever to be passed in the Irish         20’000 new jobs forecasted by the IDA, generated by                 Ireland. Ireland is well positioned to contribute to this growth

Dail, the news is that things are a lot better than they appear. In      international companies choosing to place their shared              with predictions that Ireland could create almost 20,000 jobs

order to see the positives within our current situation, we must strip   service centres within Ireland. We will continue to see this tend   as a world leader in cloud computing adding €9.5 billion to the

away certain negatives and focus on the growth which is evident          throughout 2012 and beyond, thanks to our partnership with          Irish economy by 2014. Leading cloud players already in

in almost every aspect of Irelands economic and media output. As         the IDA and other factors such as a strengthening economy           Ireland include Microsoft, IBM, SalesForce, D&B, Accenture,

a country, we are in better shape now than we have been in for           and better media output relating to our economic stability.         CITI, EMC, SAP and Amazon.

some time and although there will be continued reforms in public

spending,    jobs initiatives are at the top of the government’s

agenda. There is demand for skilled candidates and we need to

ensure that this is our number one focus in 2012-to fill these jobs.                                                                                                                                        32
spending millions on investment throughout Dublin, Cork,             Demand Languages

                                                                     Galway and Belfast. The finance sector has bounced back more

                                                                     quickly than anyone expected and particularly within the             German

                                                                     accounts sector there will be increased drive in attraction and      Sales, IT Development, Collections, Technical and

                                                                     retention of experienced and skilled candidates.                     Customer Support Functions



                                                                                                                                          French

                                                                                                                                          Accounts, Finance, Cloud Support

                                                                     Multilingual Demand Sectors

                                                                     2012 will see increased growth predominantly within multilingual     Brazilian Portuguese

                                                                     finance and IT, particularly the following positions:                Post Sales Support and Customer Support

Corporate Tax

Ireland’s corporate tax rate has come under scrutiny in recent       Finance: Accounts Payable/Receivable, Collections, Accounts          Spanish

months; at 12.5% compared to other Euro nations it’s one of the      Administrators. These areas will continue to require previous        Customer Support

lowest within the EU. What is essential to the continued growth      skill and experience as well as the relevant qualifications

within the Irish economy is our CTR; this has been one of the                                                                             Russian

key factors when considering Ireland as a potential settling         Sales: IT Sales, Lead Development, Sales Support, Channel            Team Lead Functions, Management Functions,

place for international businesses both small and large. Ireland     Sales, Account Managers-all these areas will continue to be one      Post-Sales Support

as a country is a very attractive option when wishing to relocate    of the biggest demand sectors in Ireland. Other strong

given its busy cities and beautiful countryside but coupled with     economies within the EU such as France and Germany will              Turkish

an attractive tax rate concession this allows us to ensure a         continue to see sales development in to these countries which        Technical Support Functions

competitive place within the international investment market.        is where you will see the demand for Sales professionals at all

                                                                     levels to support this function



Ireland as a Growth Industry                                         Cloud: Cloud Support, Cloud Sales, Cloud Storage

Multilingual requirements will continue to grow in 2012, primarily   Cloud storage is becoming one of the biggest new concepts

within the financial and IT sectors. Ireland was quoted as           within the IT industry and candidates who have previous

potentially being the next “silicon valley”, funny as it may seem,   experience in this field or indeed are willing to embrace this new

Ireland very much appears to be heading that way with IT firms       technology will be sought after.
                                                                                                                                                                                          33
CONTACT CENTRE   JOB TITLE                                    DUBLIN     CORK     REGIONAL


                 Customer Service:                            19-27k    19-26k     19-26k

                 Technical Support                            22-30k    22-26k     22-26k

                 Lead Development                             23-34k    23-30k     23-30k

                 Sales Support                                19-26k    20-24k     20-24k

                 Inside Sales                                 28-60k    26-60k     24-60k

                 Channel Sales                                28-40k    26-38k     26-38k

                 Sales Manager                                60-140k   60-140k    60-140k

                 Telesales                                    24-28k    24-28k     22-26k

                 HR Administration                            22-30k    22-26k     22-26k

                 HR Manager                                   28-45k    26-35k     26-35k

                 Customer Service Supervisor with language    26-30k    24-27k     24-27k

                 Customer Service Team Leader with language   30-40k    26-35k     23-30k

                 Call Centre manager with languages           60-80k    60-80k     30-35k

                 Order Entry Manager with language            25-40k    30-40k     27-35k

                 Order Entry Clerk with languages             21-26k    19-24k     18-20k

                 Accounts P/R                                 22-30k    21-28k     21-26k

                 Collections Assistant                        23-28k    22-28k     22-28k

                 Localisation Support Engineer                28-40k    28-38k     28-38k




                                                                                             34
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Senior Management Positions
MANAGEMENT POSITIONS




  JOB TITLE                       REPUBLIC OF IRELAND

                              5yrs +                    10yrs+

  Mana ging Director SME     100-150k                   150k +

  Executive VP
                             80-100k               100-150k
  Chief Financial Officer
                             100-130k              130-180k
  Chief Opera ting Officer
                             100-130k              130-180k
  Chief Informa tion Officer
                             100-130k              130-180k




                                                                 35
Marketing




Overall, the Marketing sector is slowly making a comeback. While    2011 saw a huge increase in the number of contract roles and            In regard to salary, the figures are not that different to those of

the numbers of roles available are nowhere near the levels of       already 2012 looks set to continue in this fashion. Despite this the    2011 with a slight increase in Advertising roles.

previous years, there has been a slow and steady increase in the    level of experience and expertise remains as high as required for

number of companies looking to reinvest in marketing positions.     permanent roles.



However the level of experience sought by companies is quite high   In addition, Online Marketing has been an area of significant growth

with only the most experienced candidates being considered.         with this set to continue into 2012.



The commercial acumen of marketeers is also very important as       Marketers are continuing to invest more time and finances into social

the synergy between marketing and sales has become more and         networking, creating Facebook pages, Twitter accounts and

more closely aligned.                                               LinkedIn pages to correspond with the changing communication and

                                                                    buying habits of their target market.




                                                                                                                                                                                                             36
ADVERTISING
                    JOB TITLE                                  DUBLIN                            REPUBLIC OF IRELAND

                                                   1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                      Exp         Exp         Exp         Exp            Exp          Exp
                    Creative Director               52-55k      50-60k      66-78k      48-52k         50-58k       60-70k

                    Art Director                    40-50k      40-60k       70k        40-50k         45-55k          65k+

                    Senior Designer                 35-40k      35-45k      45-52k      35-40k         35-45k          40-50k

                    Junior Designer                 25-32k       n/a         n/a        20-30k           n/a            n/a

                    Production Manager              30-38k      35-45k      45-55k      30-35k         35-45k          45-55k

                    Advertising Manager             40-45k      45-55k      55-75k      38-45k         45-55k          50-70k

                    Telemarketing Representative    18-23k      22-25k      26-30k      18-22k         22-25k          26-30k




 PUBLIC RELATIONS
                    JOB TITLE                                   DUBLIN                        REPUBLIC OF IRELAND

                                                   1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years   5 Years +
                                                      Exp         Exp         Exp         Exp            Exp         Exp
                    Public Relations Manager        40-50k      45-55k       62k +      37-45k         40-50k       55k +

                    Public Relations Officer          25-30k      30-35k      35-47k      23-28k         28-35k      35-45k




                                                                                                                                37
www.sigmar.ie
Market Overview: Industry and Commerce
     MARKETING
 AIL & COMMERCIAL BANKING           JOB TITLE                                      DUBLIN                         REPUBLIC OF IRELAND

                                                                       1-2 Years   3-5 Years   5 Years +   1-2 Years   3-5 Years   5 Years +
                                                                          Exp         Exp         Exp         Exp         Exp         Exp
                                    Marketing Director                  70-90k      90-110k     120k +      65-85k      80-95k      100k +

                                    Marketing Manager                   55-65k      65-75k      80k +       50-60k      60-70k          70k +

                                    Marketing Communications Manager    55-65k      60-80k       80k        50-60k      55-75k          75k +

                                    Brand Manager                       50-54k      55-65k      60-70k      45-50k      50-60k          60k+

                                    Product Manager                     45-50k      50-60k      60k +       40-50k      45-55k          55k +

                                    Market Research Manager             35-40k      40-45k      60k +       32-38k      35-45k          50k +

                                    Market Analyst                      40-45k      45-60k      60k +       35-40k      40-55k          55k +

                                    Marketing Executive                 25-28k      30-38k     38-40k +     23-28k      28-35k      35-40k +

                                    Marketing Assistant                 22-25k      25-28k      30k +       22-25k      25-28k          30k +

                                    Channel Marketing                   50-55k      55-60k      60-70k      45-50k      50-55k      55-65k




 ar Recruitment Salary Guide 2012

 .sigmar.ie
     www.sigmar.ie
                                                                                                                                                38
Sales




2011 saw an increase in demand for experienced sales                 Another area of potential growth is in the export or international    The demand for entry level roles is low as employers are looking

professionals in almost all areas, which was positive.               sales arena. Many companies are looking beyond what they see          for experience. In order for graduate and junior sales people to

                                                                     as a saturated Irish marketplace and are looking for sales            enter the world of sales, commission only roles or internships

As for 2012, the sales market is predicted to predominately focus    candidates with the ability to develop new markets on an              may need to be considered.

on roles in the pharmaceutical, healthcare, technical and online     international basis.

sectors.                                                                                                                                   As with 2011, there is still a low demand for sales people in the

                                                                     With regard to the level of roles available the majority are at the   construction and financial services industries, with this trend set

In recent times there has been an increase in demand for internal    mid-management level. While higher level roles are available,         to continue for the foreseeable future. It is recommended that

sales candidates as companies look to shift their focus from field   such as Country Managers and Commercial Directors, these              candidates from these industries consider re-skilling in order to

sales to internally based sales teams.                               positions will be less frequently recruited for in comparison to      open up new possible avenues of employment.

                                                                     previous years.

As with previous years, multilingual sales candidates are highly                                                                           All in all, the outlook is largely positive with a strong end to 2011

sought after, with the demand for German speaking candidates                                                                               hopefully signaling an equally strong start to 2012.

particularly high.




                                                                                                                                                                                                             39
COMMERCIAL/TECHNICAL   JOB TITLE                       DUBLIN               REPUBLIC OF IRELAND

                                              BASIC             EARNINGS   BASIC         EARNINGS

                       Sales Representative   30-40k             50-65k    28-40k         45-55k

                       Area Sales Manager     45-65k             55-70k    40-50k         55-70k

                       Internal Sales         26-30k             26-35k    24-30k         26-35k

                       Product Specialist     55-60k             70-80k    45-50k         65-75k




FINANCIAL/INSURANCE    JOB TITLE                       DUBLIN               REPUBLIC OF IRELAND

                                               BASIC            EARNINGS    BASIC        EARNINGS

                       Sales Representative   36-40k              40-60k   30-40k          35-55k

                       Area Sales Manager     35-45k              60-80k   35-55k          50-65k

                       Internal Sales         20-28k               32k     20-26k           30k




                                                                                                    40
www.sigmar.ie
FMCG        JOB TITLE                               DUBLIN               REPUBLIC OF IRELAND

                                              BASIC              EARNINGS    BASIC        EARNINGS

                National Account Manager      65-70k              70-84k    55-65k         60-78k

                Key Account Manager           55-65k              60-78k    45-55k         50-67k

                Van Sales                     20-28k              23-35k    22-30k         28-35k

                Merchandiser                  20-27k              30-34k    22-27k         25-32k

                Field Sales Manager           60-70k              70-85k    45-55k         55-75k




  GENERAL       JOB TITLE                               DUBLIN               REPUBLIC OF IRELAND

                                              BASIC              EARNINGS    BASIC        EARNINGS

                Sales Director                80-120k             95-135k   80-110k        90-120k

                Senior Sales Manager          60-70k              90-100k   55-70k         70-95k

                Sales Consultant (2 years+)   28-35k              35-50k    28-35k         35-45k

                Telesales                     20-28k              22-40k    19.5-28k       22-40k




                                                                                                     41
www.sigmar.ie
ICT           JOB TITLE                            DUBLIN               REPUBLIC OF IRELAND

                                            BASIC             EARNINGS   BASIC         EARNINGS

                Channel Sales Manager       55-75k             60-85k    50-60k         55-75k

                Product Manager             40-50k             50-75k    38-45k         45-65k

                Account Manager             30-45k             58-68k    28-40k         36-50k

                Telesales Representative    25-30k             30-38k    25-33k         30-36k

                Business Development Exec   30-45k             50-60k    30-40k         45-60k

                Account Manager             32-40k             50-55k    32-35k         40-45k




                                                                                                 42
www.sigmar.ie
Information Technology
Market Overview: IT




IT continues to be one of Ireland’s largest exports in 2011, which   Peak demand exists for Java / J2EE developers and C# / .NET /           Another area of growth in Ireland is that of Games development

has been reflected by the subsequent growth in the IT job sector.    ASP.NET developers with strong SQL skills. Increasingly there is an     with several companies locating or expanding operations here.

Ireland’s highly skilled/educated work force and competitive         emphasis on large scale Web development experience calling for          Interestingly these operations are less Dublin-centric with Cork

corporation tax continues to attract foreign investment with 9/10    technologies like Ajax, DHTML and LAMP. The whole area of User          and Galway both developing as hubs of excellence in this

global ICT companies maintaining a presence in Ireland and all of    Experience (UX) or User Interface (UI) skills is growing in             sphere.

the top 5 software companies having a significant presence in        importance as companies try to deliver a more content rich,

Ireland.                                                             user-centred experience.                                                Due to the buoyancy in the IT market, there is an increasing shift

                                                                                                                                             of candidates with in-demand skills moving from salaried

The current trend is that of significant demand in certain IT        Mobile Computing is an area of huge growth. Smartphone’s and            permanent jobs into more lucrative daily rate contract roles.

disciplines: Software Development, Application Support, Software     other mobile devices are exploding in popularity which is driving the   With demand far outweighing supply in certain disciplines, most

Testing, Infrastructure Administration / Support and to a lesser     development of more and more applications so iPhone and Android         companies are willing to consider candidates from outside

extent IT Audit/Compliance, Business Analysis and Project            Apps development skills are being increasingly sought.                  Ireland once they are genuine in their intentions to relocate to

Management.                                                                                                                                  Ireland.

                                                                     Virtualisation and Cloud Computing in general continues to be a

                                                                     huge trend with a significant percentage of companies looking to

                                                                     derive the cost savings from switching to virtual setups. This is

                                                                     driving demand for skills such as VMware and Hyper-V in particular.




                                                                                                                                                                                                       43
IT PERMANENT ROLES   JOB TITLE                             DUBLIN                            REPUBLIC OF IRELAND

                                               1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                  Exp         Exp         Exp         Exp            Exp          Exp
                     Application Support          35k       45-55k     55-60k +

                     Business Analysts           40k        50-60k      60-70k       30k           35-40k          40k +

                     Chief Technical Officers     80-90k     100-120k     120k +      60-70k         70-85k          85k +

                     Database Administrators     45k        50-60k      65k +      35k- 40k        40k-45k         50k+

                     Database Developers        35-40k      40-45k      55-65k      30-35k         35k-40k          40+

                     Development Managers       65-70k      70-80k     90-110k     50k-60k         60k-70k         70k+

                     Graphic Designers          25-30k      35-40k      40-50k      25-30k         35-40k          40-50k

                     IT Managers                 60k        65-72k      75-90k       50k           55-65k          65k +

                     Mainframe Developers       35-40k      40-50k      50-55k      35-40k         40-50k          50-55k

                     Network Engineers          35-45k      45-55k      55-65k      32-40k         40-50k          50k +




                                                                                                                            44
www.sigmar.ie
IT PERMANENT ROLES   JOB TITLE                                        DUBLIN                            REPUBLIC OF IRELAND

                                                            1-2 Years   3-5 Years   5 Years +   1-2 Years      3-5 Years    5 Years +
                                                               Exp         Exp         Exp         Exp            Exp          Exp
                       Program Managers                        75k       80-85k       85k +        65k          65-75k        85k +

                       Project Managers                       60k        65-70k      75k +      45k-50k         50-60k          75k +

                       QA Specialists                        30-35k      35-45k      45-50k      30-35k         35-45k          45-50k

                       QA Manager                             60k        60-65k      65-80k       50k           55-60k          60k +

                       Software Developers                   30-35k      40-50k      55-70k      30-35k         40-50k          55-70k

                       Systems Administrators- Unix/Linux    35-40k      40-50k      55k +       30-35k         35-43k          43k +

                       Systems Administrators- Windows       30-35k      35-45k      50k +       30-35k         35-43k          43k +

                       Technical Support                     24-27k      27-33k      35k +       24-26k         27-31k          31-43k

                       Technical Architect                    60k        60-70k      70-80k       60k           60-70k          70-80k

                       Web Designers                         25-32k      35-40k      40-55k      25-32k         35-40k          40-55k




                                                                                                                                         45
www.sigmar.ie
IT CONTRACTOR DAILY RATES   JOB TITLE                 DUBLIN    REPUBLIC OF IRELAND

                             Application Support       200-300         200-250

                             Business Analysts         300-400         200-250

                             Chief Technical Officers    600-750         400-500

                             Database Administrators   400-450         300-400

                             Database Developers       300-425         250-350

                             Development Managers      550-650         400-500

                             Graphic Designers         200-300         200-300

                             IT Managers               450-550         350-450

                             Mainframe Developers      225-325         225-325

                             Network Engineers         300-400         250-350




                                                                                       46
www.sigmar.ie
IT CONTRACTOR DAILY RATES   JOB TITLE                            DUBLIN    REPUBLIC OF IRELAND

                             Program Managers                     450-600         300-500

                             Project Managers                     400-500         300-500

                             QA Specialists                       200-350         150-300

                             QA Manager                           400-550         250-400

                             Software Developers                  300-400         300-400

                             Systems Administrators- Unix/Linux   325-425         300-400

                             Systems Administrators- Windows      275-350         250-300

                             Technical Support                    120-220         120-220

                             Technical Architect                  500-600         450-500

                             Web Designers                        250-350         250-350




                                                                                                  47
www.sigmar.ie
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012
Sigmar Recruitment   Salary Guide 2012

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Sigmar Recruitment Salary Guide 2012

  • 1. Sigmar Recruitment Salary Guide 2012 Recruitment www.sigmar.ie
  • 2. Salary Guide 2012 Sigmar Recruitment, established in 2002, is recognised as one of the leading professional Irish recruitment companies Contents and employs 100 staff in seven offices in Dublin, Cork, Galway, Warsaw and Singapore. Employment Market Overview...................3 Accountancy..............................................4 Our experience extends across Accountancy, Banking & Financial Services, Construction & Property, Engineering, Banking & Finance....................................12 Healthcare, HR, IT, Insurance, Legal, Marketing, Pharmaceutical, Office & Multilingual, Online Gaming, Sales and Supply Insurance..................................................21 Chain. Legal.........................................................25 HR.............................................................27 Our consultants have been recruiting for an average of 7 years each which gives us an additional dimension to our Office.........................................................30 consultancy in this competitive market. Sigmar since its inception has had in recruiting for some of Ireland’s largest Multilingual................................................32 employers, developed a deep understanding of the challenges facing employers and employees nationwide. Senior Management.................................35 Marketing..................................................36 We are on over 190 PSL with organisations nationwide, serving some of our clients in Europe & Asia. Sigmar can therefore Sales.........................................................39 offer its candidates an impressive selection of opportunities with the top blue chip employers in Ireland.The level and IT...............................................................43 consistency of service we deliver is reflected in the fact that we attract 37% of our candidates as a result of referrals. Engineering...............................................48 Life Sciences.............................................51 For further information, please contact us on +353 1 4744600 or email info@sigmar.ie Supply Chain & Logistics..........................55 Construction & Property Services.............58 2
  • 3. Employment Market Overview There was a 13.5% growth in job placements in 2011 compared As Europe began to stagnate, companies became slower to On the other hand, the continued uncertainty in the European to 2010. Signs of stabilisation in the Irish economy and banking commit to hiring. Even though job placements have slowed slightly, market, and additional austerity measures in Budget 2012, have system, and a surprisingly strong first half economic performance they have remained stable throughout Q4, with activity led to indigenous employers adopting an air of caution in their contribute to the rise. accelerating throughout, which bodes well for the early part of hiring decisions which will continue to be influenced by wider 2012. Job placements will continue to further stabilise in the first economic confidence throughout 2012. Economic stabilisation in early part of 2011 brought with it a return half of 2012 with steady growth predicted for the second half of of confidence in business activity throughout the first half with the year as the IDA supports jobs. Jobs in the domestic economy There has been a significant increase in the amount of contract considerably more job placements occurring through the first half will continue to be largely influenced by confidence on the national and temporary offerings throughout 2011 by companies where of the year, peaking throughout the summer. The final quarter and European economy.” flexible employment has become the norm. Therefore the demand however saw a levelling off (-2.5%) in job placements due to a for flexible employment requirements is expected to continue reduction in confidence, which impacted decision making among There is a clear two tracked employment market emerging, with throughout 2012. Candidates willing to be flexible and take these employers and candidates. the continued job creation among multinational companies and roles more often than not find themselves being offered extensions stagnation among domestic employers. The IDA have reported a and permanent contracts by the end of their term. Robert MacGiolla Phádraig, Director, Sigmar Recruitment says: “It marked rise on 2010 with 13,000 jobs being created in 2011, the is clear from 2011 that confidence is the single biggest influence impact of which should be seen throughout 2012 as the jobs come on job creation with job placements being immediately affected by to realisation. These IDA backed jobs will also have a knock on economic sentiment. Job placements grew in the first half of the effect with an estimated 3 jobs being created in the domestic year peaking in July and August as the domestic economy service sectors for every FDI role. gathered momentum. 3
  • 4. Accountancy: Financial Services There was a slow start to 2011 and a bit of a bumpy ride throughout There is a growing need for people within the Corporate Governance Areas that will be in particular demand will be newly qualified the summer but recruitment picked up tremendously from area (Internal audit, Risk and Control, Regulatory and Statutory accountants trained in Big 4 companies, qualified accountants September onwards for the rest of 2011. reporting, Compliance and Sox roles). A lot of these roles are on the with financial products knowledge, all levels of regulatory, permanent side due to the importance of the area and the fact that statutory, risk and compliance staff as well as roles within The finance side of the financial services market has been a number of companies have found they need to increase implementation, process improvement and change extremely busy in 2011. There is still a shortage of permanent headcount in these departments . management areas. positions and most companies within the financial services sector are recruiting people on short term and long term contracts, even Financial Reporting is also a growing area and a number of 2012 certainly looks very promising for Qualified Accountants up to 18 months. contractors will be needed from Dec 2011 to Feb/ April 2012 to cover especially for those with strong project skills and financial year end. products knowledge. For most of the roles there is still a preference for Big 4 trained Accountants within all areas (Internal Audit, Financial Control, Risk The start of 2012 looks to be very busy in Financial Services across Credit Managers and candidates with Debt Restructuring and Compliance etc) the board – Insurance, Banking, Investments. experience will be in demand however salaries will still be restricted. 4
  • 5. FINANCIAL SERVICES JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Finance Director 80-95k 95-110k 110k + 80-95k 95-110k 110k + Financial Controller 60-70k 70-80k 80k + 60-70k 70-80k 80k + Head of Financial Reporting 70-80k 80-90k 90k + 70-80k 80-90k 90k + Financial Reporting Manager 50-65k 65-80k 80k + 50-65k 65-80k 80k + Finance Manager 50-60k 60-80k 80k + 50-60k 60-80k 80k + Internal Audit Manager 50-60k 60-70k 70k + 50-55k 55-65k 65k + Treasury Manager 50-60k 60-75k 70k + 50-60k 60-75k 70k + Compliance Manager 50-60k 60-75k 70k + 50-60k 60-75k 70k + Qualified Financial Accountant 45-50k 50-60k 60k + 40-50k 50-60k 60k + Qualified Management Accountant 45-50k 50-60k 60k + 45-50k 50-60k 60k + Finance Analyst (Qualified) 40-50k 50-55k 55k + 40-50k 50-55k 55k + 5 www.sigmar.ie
  • 6. FINANCIAL SERVICES JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Financial Reporting Accountant (Qual) 40-50k 50-55k 55k + 40-50k 50-55k 55k + Regulatory Reporting Accountant (Qual) 40-50k 50-55k 55k + 40-50k 50-55k 55k + Internal Auditor 45-50k 50-55k 55k + 45-50k 50-55k 55k + Treasury Accountant 45-50k 50-55k 50k + 40-45k 45-50k 50k + Compliance Accountant 45-50k 45-55k 55k + 40-45k 45-55k 55k + Sox Accountant 45-50k 50-60k 55k + 45-50k 50-60k 55k + SPV Accountant 45-50k 50-55k 55k + 45-50k 50-55k 55k + Part Qualified Accountant (Reg Reporting, Fin Reporting, Global markets, Group finance…) 25-30k 30-35k 35k + 25-30k 30-35k 35k + Project contractors; Project Contractors Solvency II Accountant 55-75k 55-75k Revenue Recognition Accountant 60-75k 60-75k 6 www.sigmar.ie
  • 7. Accountancy: Industry and Commerce RETAIL & COMMERCIAL BANKING 2011: We have also seen a large number of contract positions and 2012: After a large number of redundancies in 2010, 2011 saw a slow contracts with a view to being made permanent in 2011. Salaries We predict an ever increasing activity in the market; companies but steady rise in vacancies in the industry & commerce sector. made a slight increase throughout the year which makes 2012 all have made their cuts, have plans to restructure and recruitment The year started slow but with a gradual rise. the more promising. needs to happen to put this plan of action in place. The big recruiters in Accountancy & Finance Industry areas will as always The main sectors recruiting were with US multinationals and IT We found that a lot of companies were very particular in the type be US Multinational/Pharmaceuticals/IT Companies. But with companies with pharmaceuticals companies following suit. FMCG of candidate & experience they wanted in 2011 and that will Dublin being the European hub for many major world companies, (fast moving consumer goods) companies picked up during the continue in 2012. a knock on effect will kick in and we will hopefully all reap the year with a strong rise to the end of the year. benefits from this. Candidates with ERP systems experience, One key area was systems, especially ERP systems. There was ideally with a Big 4 background, will be in major demand. There was a large need for skills such as costing, pricing & a high demand for candidates with SAP or Oracle and sometimes profitability analysis and fixed assets, mainly due to companies companies ruled candidates out because they didn’t have time to In 2012, we predict a demand for roles in Financial Planning & looking after every penny. train candidates on the systems and wanted the successful Analysis, Financial/Business Analysts, Costing and Risk Analysts, candidate to “hit the ground running”. Project Accountants as well as the natural progression from The slow down was more prevalent in the senior finance areas Financial Accountants to Finance Manager/Financial Controller (CFO’s, Finance Directors & Financial Controllers) but as the Employers are looking for candidates with a much broader range level. This will hopefully see a growth in businesses & a growth in market picked up towards the summer a number of vacancies of skills and experience who they think can go into the job and be recruitment with the candidates being the ones to benefit in 2012. arose. adaptable, flexible and be able to meet any new tasks or challenges presented to them. 7
  • 8. INDUSTRY AND COMMERCE JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp CFO 100k + 100-150k 150k + 100k + 100-140k 140k + Finance Director 90-100k 100-120k 120k + 90-100k 100-120k 120k + Head of Internal Audit 80-85k 85-90k 90k + 80-85k 85-90k 90k + Financial Controller 75-80k 80-85k 90k + 75-80k 80-85k 90k + Financial Manager 65-70k 70-75k 75k + 55-65k 65-75k 75k + Financial Planning & Analysis (Manager) 60-65k 65-70k 70k + 55-65k 65-70k 70k + Business Analyst 50-55k 55-60k 60-65k 40-50k 50-60k 60-65k Systems Accountant 50-55k 55-65k 65-75k 50-55k 55-65k 65-75k Internal Auditor 45-55k 55-65k 65-75k 45-55k 55-65k 65-75k Financial Analyst 40-45k 45-50k 50-60k 40-45k 45-50k 50-60k Fixed Assets Accountant 35-40k 45-55k 55k + 35-40k 40-50k 55k + Management Accountant 40-45k 45-50k 50-55k 40-45k 45-50k 50-55k Cost Accountant 45-50k 50-55k 55k + 40-50k 50-55k 55k + Revenue Accountant 42-45k 45-50k 50k + 40-45k 45-50k 50k + 8 www.sigmar.ie
  • 9. INDUSTRY AND COMMERCE JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Treasury Accountant 45-50k 50-55k 55-60k 40-50k 50-55k 55-60k Financial Accountant 40-45k 45-50k 50k + 38-42k 42-50k 50k + Finalist 38-40k 40-42k 42k + 38-40k 40-42k 42k + Accountant Part Qual 26-32k 33-37k 37.5k + 25-32k 33-37k 37k + GL Assistant 26-32k 33-37k 37.5k + 25-32k 33-37k 37k + Senior Credit Manager 50-55k 55-65k 65-75k + 45-55k 55-65k 65-75k + Credit Control/ AR Manager 40-45k 45-50k 55k + 40-45k 45-50k 50k + Credit Control/ AR Team Leader/ Supervisor 32-35k 35-38k 40k + 30-35k 35-38k 38k + Credit Control 24-27k 28-34k 35k + 24-27k 27-32k 32k + Accounts Payable Manager 40-45k 45-50k 55k+ 35-45k 45-50k 55k+ Accounts Payable Team Leader/Supervisor 32-35k 35-38k 40k + 30-35k 35-38k 38k + Accounts Payable 26-28k 28-32k 33k + 25-28k 28-32k 33k + Accounts Receivable 26-28k 28-32k 33k + 25-28k 28-32k 33k + Payroll Administrator 27-29k 30-35k 35k + 25-28k 28-35k 35k + Accounts Assistant/Technician 24-28k 30-35k 35k + 22-27k 27-35k 35k + 9 www.sigmar.ie
  • 10. Accountancy: Professional Services Audit Advisory / Consulting Taxation 2011 saw an increase in the demand for Qualified Audit There has been significant growth in the advisory area where the During 2011 there was no significant growth in the demand for Tax professionals to work in practice. This demand came primarily from large practices with consulting arms are being engaged by large Accountants for the practice sector. The majority of vacancies the Top 20 accounting firms where additional staff was required financial services and multinational companies. These companies were at the more senior level with the large firms seeking for audit assignments with large multinational companies. The seek assistance on a range of matters including internal audit, Managers and Senior Managers from other Big 4 or large firms. most sought after candidates were recently Qualified Accountants regulation, risk, process improvement and cost saving. The With few available job opportunites in industry, many recently who were coming from other Big 4 or Top 20 accounting firms. This practices will always be most interested in hiring candidates with qualified Tax Seniors or Managers are remaining in their positions is mainly due to the needs of the large audit firms who require previous advisory experience; however in Q3 & Q4 of 2011, they in practice. This lack of movement in the market has ensured that candidates with exposure to regulatory reporting standards such have hired qualified accountants with no prior experience in this the demand for Tax Accountants in practice has remained as US GAAP & IFRS. specialist field. The ACA qualification is typically the most desired consistent throughout the year. qualification but more recently, ACCA qualified candidates have been hired. We predict that there will continue to be a large volume of Job opportunities will exist within the tax area during 2012; opportunities for audit professionals at all levels within practice in however they will be of a lesser volume than the other specialist 2012. With the number of multinationals located in Ireland, the The advisory space continues to be a growth area within practice. areas within practice. An increase in industry opportunities should large audit firms will continue to be engaged to undertake audits The increase in corporate governance requirements in place for open more vacancies for qualified Tax Accountants within practice. which will have a knock on effect on the required headcount for all companies will mean that specialist help is required to meet the The jobs that will arise are more likely to be at the senior and their teams. regulatory and compliance requirements. This will be one area management level and prior Big 4 tax experience will be required. where job growth is expected within 2012. 10
  • 11. PROFESSIONAL SERVICES JOB TITLE DUBLIN REPUBLIC OF IRELAND Audit Audit Semi Senior (Part Qualified) 20-30K 20-30K Audit Senior (Part Qualified / Qualified) 30-45k 30-45k Audit Manager 45-60k 45-60k Audit Senior Manager 60-80k 60-80k Audit Director 80-100k 80-100k Tax Tax Semi Senior (Part Qualified) 20-30k 20-30k Tax Senior (Part Qualified / Qualified) 30-45k 30-45k Tax Manager 45-60k 45-60k Tax Senior Manager 60-80k 60-75k Tax Director 80-100k 80-90k Advisory Advisory Senior (Qualified) 45-55k 45-55k Advisory Manager 45-60k 45-55k Advisory Senior Manager 60-80k 55-80k Advisory Director 80-100k 80-100k 11 www.sigmar.ie
  • 12. Banking & Financial Services Within Investment Banking there has been an increase in the main Compliance and Risk will continue to be areas of growth throughout With the ever changing landscape in the Banking Industry it is Back Office departments such as Fund Accounting and 2012. As regulations within the financial sectors increase so will the more unclear on how recruitment requirements will form Shareholder Services with work in the more ancillary departments demand on top talent in this area. This will be the area which is throughout 2012. Candidates with careers in this area should such as Custody, Pricing and Corporate Actions moving at a lesser likely to see salary increases. The LCOI qualification will be in expect to see increased contract work, lower salary levels and pace. The market for candidates within Funds is still quite demand for Compliance candidates along with superior high competition for roles. competitive with companies striving to attain the best candidates Communications skills to implement Compliance quickly in fast on the market. changing environments. There will be a large increase of experienced people on the market after mergers that have taken place so candidates There has been a definite increase in the amount of contract and Candidates in these areas need to make sure their CV’s are tailored moving roles at this time should ensure that they are giving temporary offerings in the last two years by Funds companies per role which has never been more vital. Highlighting experience themselves every opportunity to be hired by tailoring CV’s, where sign off for permanent requirements is delayed due to and skills relevant to the exact role is essential. There is huge preparing intensively for interviews and being as flexible as budget constraints or sign off by executive levels or international competition for these roles and candidates need to give themselves possible. counterparts. Candidates willing to be flexible and take these roles every opportunity to be called to interview. Grammar and bad more often than not find themselves being offered extensions and formatting is completely unacceptable. Credit Managers and candidates with Debt Restructuring permanent contract by the end of their term. experience will be in demand however salaries will still be There are good opportunities in the Investment Banking Industry restricted. There is a strong demand for Project, Analytical and Statistical and most companies are set to remain increasing and replacing staff roles. Candidates with experience and industry qualifications are throughout 2012 at a cautious but steady rate. snapped up. These include SAS, SQL, PMP, Six Sigma, and Prince II. 12
  • 13. CORPORATE /PRIVATE BANKING JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Senior Private Banking Manager 65-75k 80-90k 90k + 60-65k 70-80k 80k + Senior Corporate Banking Manager 65-75k 80-90k 90k + 60-65k 70-80k 80k + Senior Equity Analyst 60-65k 70-75k 80k + 50-55k 60-65k 70k + Risk Manager 60-65k 70-75k 80k + 55-60k 65-70k 75k + Credit Manager 50-55k 60-70k 75k + 45-50k 55-65k 70k + Lending Officer 45-50k 55-60k 65k + 40-45k 50-55k 55k + Private Banking Manager 45-50k 55-60k 65k + 45k 50-55k 60k + Relationship Manager 45-50k 55-60k 65k + 45k 50-55k 60k + Portfolio Administrator 25-28k 32-40k n/a 23-26k 28-35k n/a The majority of domestic banks are continuing to Similar to the last two years, candidates with experience experience salary and bonus freezes while a number of in credit and risk analysis, asset restructuring and international banking institutions are unsure of how compliance are seeing a high demand for their skills things will pan out due to major group restructures from which has led to more competitive salary changes in their parent companies. these areas. Many financial services employers predict a small Overall, 2011 has shown a gradual upswing in percentage increase in salaries for 2012 in areas such recruitment within the banking sector with an emphasis as credit, risk and compliance, while operational level on fixed term contract roles at both senior and junior salaries will remain flat. levels. 13 www.sigmar.ie
  • 14. TREASURY JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Head of Treasury 85-95k 100-110k 110k + 75-85k 90-100k 100k + Treasury Operations Manager (Back Office) 60-65k 65-70k 70-90k 60k 65k 70k + Treasury Specialist 28-35k 35-45k 50-60k 26-32k 32-40k 45k + Treasury Administrator 20-26k 26-32k 32-38k 20-25k 25-30k 32-38k Treasury Risk 28-35k 35-50k 55-70k 25-32k 32-45k 45-60k Treasury Dealer 20-34k 40-55k 55-75k 21-30k 35-45k 45-65k 14 www.sigmar.ie
  • 15. RETAIL & COMMERCIAL BANKING JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Senior Commercial banking Manager 60-80k 70-90k 90-130k 55-70k 75-80k 85-110k Commercial Lending 35-45k 50-60k 65k + 30-35k 40-50k 55k + Head of Risk Modeling (SAS/SPSS/VBA/SQL) 70-90k 90-110k 100-150k 65-80k 80-100k 100-130k Credit Risk Modeling (SAS/SPSS/VBA/SQL) 35-48k 45-70k 70-90k 30-40k 45-60k 60k+ Equity Analyst 35-40k 42-50k 55k + 30-35k 40-45k 50k + Senior Credit Analyst 35-40k 42-50k 55k + 35-40k 40-45k 50k + Risk Analyst 35-40k 45-55k 65k + 30-35k 35-45k 48k + Underwriter 28-30k 32-40k 45k + 25-28k 30-35k 40k + Credit / Loans Administrator 21-24k 25-27k 32k + 20-22k 24-26k 28k + Mortgage Administrator 21-24k 25-27k 30k + 20-22k 24-26k 28k + Mortgage Collections 22-26k 26-35k 40-60k 21-24k 25-30k 35k+ Bank Assurance Advisor 21-24k 25-27k 30k + 20-22k 24-26k 28k + Customer Service 21-24k 25-27k 30k + 21-23k 24-26k 28k + Retail Banking 19-22k 24-26k 27k + 19-21k 22-24k 25k + 15 www.sigmar.ie
  • 16. FINANCIAL SERVICES – FRONT OFFICE JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Senior Wealth Manager 60-65k 65-75k 75-90k 55-60k 60-70k 70-90k Wealth Manager 40-50k 50-60k 60-65k + 38-45k 45-55k 55-60k + Financial Adviser 28-35k 35-45k 45-55k 26-32k 32-40k 40-50k Senior Portfolio Manager 65-75k 75-85k 85-95k 60-70k 70-80k 80-90k Portfolio Manager 50-60k 60-65k 65-75k 45-55k 55-60k 60-65k Stockbroker 45-55k 55-65k 65-80k + 45-55k 55-65k 65-80k + Junior Stockbroker 28-35k 35-50k n/a 25-28k 28-40k n/a FX Sales Trader 40-50k 50-60k 60-70k 35-45k 45-55k 55-60k Equity/Bond Sales Trader 45-55k 55-65k 65-75k 40-45k 50-55k 55-65k Pensions/Investment Sales 25-35k 35-50k 50-60k 26-28k 28-45k 45-50k 16 www.sigmar.ie
  • 17. COMPLIANCE/LISTING JOB TITLE DUBLIN REPUBLIC OF IRELAND (across all areas) 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Head of Compliance 80-85k 90-105k 110-120k + 70-75k 80-95k 95k + Compliance Manager 60-65k 70-75k 80k + 55-60k 65-70k 70k + MLRO 60-65k 70-75k 75k + 55-60k 65-70k 70k + Compliance Assistant Manager / Officer 40-45k 50-55k 55k + 30-38k 40-50k 50k + Compliance Administrator 25-28k 30-35k 35k + 24-27k 28-32k 32k + AML Officer 28-32k 32-42k 40-50k 26-30k 30-40k 40k+ Fraud Risk Manager 45-50k 55-60k 65k + 40-45k 50-55k 60k + Fraud Risk Officer 25-30k 32-40k 45k + 24-28k 30-35k 40k + Listing Executive 30-35k 40-45k 55k + 28-32k 35-40k 45k + 17 www.sigmar.ie
  • 18. FUND SERVICES JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp VP Fund Accounting 85-95k 110-120k 125k + 75-85k 95-105k 115k + AVP Fund Accounting 70-75k 80-85k 90k + 60-65k 70-75k 80k + Fund Accounting, Manager 55-60k 65-75k 75k + 50-55k 60-65k 70k + Fund Accounting, Assistant Manager 40-45k 45-55k 55k + 35-40k 45-50k 55k + Senior Fund Accountant (2yrs exp) 28-32k 32-42k n/a 28-30k 32-40k n/a Fund Accountant 23-28k 30-32k n/a 24-26k 28-35k n/a CORPORATE ACTIONS/MARKET DATA JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Manager 55-60k 65-70k 70k + 50-55k 60-65k 65k + Assistant Manager / Supervisor 40-45k 50-55k 55k + 40k 45-50k 50k + Senior Administrator 28-32k 35-38k 38-45k 26-30k 32-35k 35-40k Administrator 23-28k 30-32k n/a 22-26k 28-30k n/a 18 www.sigmar.ie
  • 19. SHAREHOLDER SERVICES/ JOB TITLE DUBLIN REPUBLIC OF IRELAND TRANSFER AGENCY 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Head of Shareholder Services 85-95k 100-110k 120k + 75-85k 90-100k 105k + Shareholder Services Manager 60-65k 65-75k 80k + 55-60k 60-70k 75k + Shareholder Services Assistant Manager 40-45k 45-50k 50k + 35-40k 40-45k 45k + Shareholder Services Supervisor / Team Lead 35-40k 40-45k 45k + 30-35k 35-40k 40k + Shareholder Services Senior Administrator 28-32k 33-35k n/a 26-30k 31-33k n/a Shareholder Services Administrator 23-28k 30-32k n/a 22-26k 28-30k n/a CUSTODY JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Head of Custody 65-75k 75-85k 90k + 60-70k 75-80k 85k + Custody Manager 55-60k 65-75k 70k + 50-55k 60-65k 70k + Custody Assistant Manager /Supervisor 40-45k 50-55k 55k + 35-40k 45-50k 50k + Senior Custody Administrator 28-32k 35-38k n/a 26-30k 31-35k n/a Custody Administrator 23-28k 30-32k n/a 21-26k 28-30k n/a 19 www.sigmar.ie
  • 20. FINANCIAL REPORTING JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Head of Shareholder Services 85-95k 100-110k 120k + 75-85k 90-100k 105k + Shareholder Services Manager 60-65k 65-75k 80k + 55-60k 60-70k 75k + Shareholder Services Assistant Manager 40-45k 45-50k 50k + 35-40k 40-45k 45k + Shareholder Services Supervisor / Team Lead 35-40k 40-45k 45k + 30-35k 35-40k 40k + Shareholder Services Senior Administrator 28-32k 33-35k n/a 26-30k 31-33k n/a Shareholder Services Administrator 23-28k 30-32k n/a 22-26k 28-30k n/a For the past year the volume of recruitment in the fund It has also been predicted that appointments on a services sector has been low in the small to medium temporary and contract basis are due to increase again sized fund organisations. The larger organisations have in 2012 as it has over the past few years. Overall, there been slightly busier recruiting at the junior level to is a positive outlook across the industry for 2012 in specialist level hirer. It is believed that there will be comparison to the previous 2 years. candidate movement across the sector in 2012 due to salary, bonus and progression freezes in previous years. Many clients predict minimal bonus and salary increases early in 2012 where the majority will be depending on individual performance. Some organisations are continuing to cross-train fund professionals and encourage further external training. 20 www.sigmar.ie
  • 21. Insurance Since the shift in 2010 from high volume to strategic recruitment. Dissimilarly to these areas, we have seen most drop off in general We are starting to see an increased requirement for specific skill lines insurance with the current climate making it unfeasible to sets across the board in the insurance sector. Opportunities in the up-hold regular creation of roles. industry have risen steadily in the last twelve months although salaries seem to be on a par with 2010 rates. The attraction to Ireland for International organisations remains relatively strong. In 2010 and 2011 we continued to see an increase An unusual but very common trend we have seen, is an influx of in key players in the Life Insurance industry who decided to professionals from abroad joining the Irish market. This is due to centralise their European Operations in Ireland. This brought on the stagnant candidate base throughout the sector, particulary in various associated projects and we expect to see that trend Dublin. continue in 2012. Recent trends include an increase in Compliance roles within the We have seen continued growth in 2011 in the areas of Compliance, sector. Along with this there has also been an increase in Risk Risk, Solvency II, Business Analysts, Product Specialists, Actuaries, Solvency II roles but not to the same degree. The areas we have Project Managers and Programme Managers. The industry has seen most development in are the fields of actuarial, credit, risk seen some positive growth and in particular these areas will and compliance and also reinsurance. With the need of part and continue to have increasing opportunities in 2012 . fully qualified actuaries at an all time high, newly qualified actuaries have begun to commandi salaries from €80,000 upwards. 21
  • 22. GENERAL JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Operations Manager n/a n/a 80-110k n/a n/a 70-100k Underwriting Manager n/a 50-60k 60-100k n/a 50-60k 50-90k Personal Lines Manager n/a 45-50k 50-60k n/a 40-50k 50-60k Claims Manager n/a 35-45k 45k + n/a 35-45k 45k + Commercial Underwriter 24-28k 28-45k 45k + 24-28k 28-45k 45k + Personal Lines Underwriter 23-25k 25-35k 35k + 23-25k 25-35k 35k + Commercial Account Executive 35-40k 40-50k 50k + 35-40k 40-50k 50k + Commercial Account Handler 30-35k 35-40k 40k + 30-35k 35-40k 40k + Corporate Broker 23-28k 28-40k 40k + 23-25k 25-40k 40k + Personal Lines Broker 21-26k 26-35k 35k + 21-26k 26-35k 35k + Claims Handler 22-25k 25-35k 35k + 22-25k 25- 35k 35k + Loss Adjustor 24-30k 30-45k 45k + 24-30k 30-45k 45k + 22 www.sigmar.ie
  • 23. ACTUARIAL JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Trainee Actuary (Graduate) 30-40k n/a n/a 28-40k n/a n/a Part Qualified 40-45k 45-55k 55k + 35k-40k 40-50k 50k + Nearly Qualified 55-60k 60-70k 70k + 45-55k 55-65k 65k + Newly Qualified 80-95k 95-110k 110k + 70-80k 80-100k 100k + Qualified Actuary 110k + n/a n/a 100k + n/a n/a Actuarial Manager 120k + n/a n/a 110k + n/a n/a Chief Actuary 140k + n/a n/a 120k + n/a n/a COMPLIANCE JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Compliance Manager 35-45k 45-65k 65k + 30-40k 40-60k 60k + Compliance Officer 22-28k 28-40k 40k + 22-25k 25-40k 40k + 23 www.sigmar.ie
  • 24. LIFE & PENSIONS JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Operations Manager n/a 60-70k 70k + n/a 50-60k 60k + Pensions Manager n/a 45-55k 55-80k n/a 40-50k 50-75k REINSURANCE JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Reinsurance Manager 65-75k 75-85k 85-120k 55-65k 65-75k 75-100k Reinsurance Underwriter 30-40k 40-55k 55k + 26-35k 35-50k 50k + Reinsurance Broker 25-32k 32-45k 45k + 25-30k 30-40k 40k + 24 www.sigmar.ie
  • 25. Legal Following the the slow down in the legal sector in 2009 and 2010 There has been an increase in companies hiring in-house counsel. there has been an increase in hiring both for private practice and Most roles require specific experience in specialist areas, the in-house roles through 2011. In particular the financial services objective being to reduce the external legal consultancy fees and sector has had increased requirements for both contract and develop in-house legal expertise tailored to suit business permanent in-house legal staff. There has been a demand for requirements. experienced Funds lawyers and within the Banking sector an increased requirement for solicitors with experience in Regulatory Compliance, Collections and Lending Restructuring. There has also been an increase in activity with regard to Litigation, Corporate and Commercial law. 25
  • 26. PRACTICE JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Partner 80k-100k 100k-120k 120k + 80k-100k 100k-120k 120k + Senior Associate 70k-80k 80k + n/a 70k-80k 80k + n/a Associate 50k-60k 60k-70k n/a 50k-60k 60k-70k n/a Solicitor 35k-50k 50k-70k 70k + 35k-50k 50k-70k 70k + Newly qualified 25k-35k n/a n/a 25k-35k n/a n/a Legal Executive/Paralegal 22k-25k 25k-35k 40k + 22k-25k 25k-35k 40k + JOB TITLE DUBLIN REPUBLIC OF IRELAND IN HOUSE 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Head of Legal 90k -110k 110k-140k 140k + 80k-100k 100k-120k 120k + Senior Counsel 70k-90k 90k-130k 130k + n/a n/a n/a Funds Lawyer 65k-80k 80k-90k 90k + 65k-80k 80k-90k 90k + General Counsel 45k-65k 65k-90k 90k + 40k-60k 60k-80k 80k + Legal Executive 25k-30k 30k-40k 40k+ 22k-25k 25k-35k 40k+ 26 www.sigmar.ie
  • 27. CHARTERED SECRETARIES JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Head of Department 70k-80k 80k-90k 90k + 70k-80k 80k-90k 80k + Company Sec. (Qualified) 35k-40k 35k-45k 45k + 28k-35k 35k-40k 40k + Company Sec. (Part qualified) 25k-28k 28k-40k 40k + 25k-28k 28k-35k 35k + Trainee Company Secretary 20k-25k 25k-28k 28k + 20k-25k 25k-28k 28k + 27 www.sigmar.ie
  • 28. Human Resources The HR Market continues to be challenging with few permanent positions available and a high level of competition amongst candidates. The availability of contract positions has remained steady with particular requirements in the areas of Talent Acquisition, HR Projects, Employee Relations and Compensation & Benefits. There has also been a requirement for experienced Change Management candidates for project roles within a variety of sectors. The HR Shared Services area is continuing to grow and with it there has been a specialist demand for multilingual HR professionals. 28
  • 29. HR GENERAL JOB TITLE REPUBLIC OF IRELAND REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + Exp Exp Exp HR Director 80-95k 95-110k 120k + Senior HRM 6575k 75-90k 90k + HR Manager / Business Partner 46-55k 55-65k 65k + HR Generalist 35-45k 45-55k 55k + HR Officer 28-35k 35-40k 40k + HR Administrator 25-30k 30-35k 35k + Training Manager 45-50k 55-75k 75k + Training Officer 25-30k 30-42k 42k + SPECIALIST ROLES JOB TITLE REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Talent Acquisition Manager 40-45k 45-50k 50k + Talent Acquisition Specialist 30-35k 35-40k 45k+ Compensation & Benefits Manager 35-45k 45-60k 65k + Compensation & Benefits Administrator 25-30k 30-40k 40k + ERO/IRO Manager 46-54k 55-70k 70k + Employee Relations Officer 25-35k 35-53k 55k + Industrial Relations Officer 25-35k 35-55k 55k + 29 www.sigmar.ie
  • 30. Office Support Staff The office sector regained some of its former vigour with steady Traditional sectors like Legal, Pharmaceutical, Banking and growth in 2011. The year started with strong opportunities for Financial Services, who had previously downsized support staff professional administrator/receptionists across a variety of numbers, returned to the market to recruit candidates within these companies. roles. As the year progressed excellent opportunities for professional Opportunities for well qualified and flexible juniors also remain and experienced PAs were becoming more evident. Long term available across all sectors. With 2011 closing on a positive note, contract and permanent roles opened not only for the traditional for office staff, we anticipate that the momentum built during the PA but also for the career PA. In certain areas responsibilities and year will carry forward to 2012. salaries grew significantly as did the scope of the roles opening up to experienced PA’s. 30
  • 31. OFFICE ROLES JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Administrators 21-23k 25-30K 30k + 20-22k 23-25k 25k + Receptionists 20-25k 27-30k 30k + 20-23k 24-28k 28k + Secretaries 25k 28-32k 35k + 20-25k 25-30k 30k + Personal Assistants 30-35k 35-40k 40k + 20-24k 25-30k 35k + Office Managers 30-35k 35-40k 40k + 20-24k 25-30k 35k + Legal Secretaries 25-27k 27-32k 35-40k 22-25k 25-30k 35k + Customer Service Representatives 23-25k 25-30k 30k + 18-24k 25-30k 30k + Post room Clerks 20-23k 25-28k 28k + 20-23k 25-28k 28k + Data Entry Clerks 20-22k 22-25k 25k + 18-24k 25-30k 30k + 31 www.sigmar.ie
  • 32. Multilingual Ireland Overview Ireland Economic Landscape IDA Partnership National and International media has been focused on Ireland One key area which is focused on more than most by our The IDA promised at the start of 2011 to encourage new since 2008, with reports erring very much to the side of an European media partners is our current unemployment rate, companies to Ireland at a rate never seen before with a target economic meltdown and potential repercussions as a result of the set at 14.3%, and something which no one can dispute. How of 20’000 jobs created through various shared service centres European bailout and subsequent budget reforms. Ireland did then can we explain the demand for jobs in Ireland across and call centre operations. The IDA has hit most assigned indeed go through one of the biggest booms ever seen throughout sectors such as IT, Pharma, Engineering, Banking and targets and the result is clear given the demand for candidates our economic history, leading to international relations with our Finance? The area which is showing the biggest demand for who are skilled and multilingual. Their work in developing Euro counterparts developing on never seen before scales and skilled candidates encompasses all of the above and requires partnerships with international companies has allowed Ireland ultimately a borrowing scale which far outweighed our monetary just one thing-an additional language. Multilingual recruitment to get back on the investment map, boosting our attractiveness capabilities. We are all aware of the outcome and as we enter 2012 continues to grow and shape our economy, with approximately as a location for companies to base their operations here in after one of the toughest budgets ever to be passed in the Irish 20’000 new jobs forecasted by the IDA, generated by Ireland. Ireland is well positioned to contribute to this growth Dail, the news is that things are a lot better than they appear. In international companies choosing to place their shared with predictions that Ireland could create almost 20,000 jobs order to see the positives within our current situation, we must strip service centres within Ireland. We will continue to see this tend as a world leader in cloud computing adding €9.5 billion to the away certain negatives and focus on the growth which is evident throughout 2012 and beyond, thanks to our partnership with Irish economy by 2014. Leading cloud players already in in almost every aspect of Irelands economic and media output. As the IDA and other factors such as a strengthening economy Ireland include Microsoft, IBM, SalesForce, D&B, Accenture, a country, we are in better shape now than we have been in for and better media output relating to our economic stability. CITI, EMC, SAP and Amazon. some time and although there will be continued reforms in public spending, jobs initiatives are at the top of the government’s agenda. There is demand for skilled candidates and we need to ensure that this is our number one focus in 2012-to fill these jobs. 32
  • 33. spending millions on investment throughout Dublin, Cork, Demand Languages Galway and Belfast. The finance sector has bounced back more quickly than anyone expected and particularly within the German accounts sector there will be increased drive in attraction and Sales, IT Development, Collections, Technical and retention of experienced and skilled candidates. Customer Support Functions French Accounts, Finance, Cloud Support Multilingual Demand Sectors 2012 will see increased growth predominantly within multilingual Brazilian Portuguese finance and IT, particularly the following positions: Post Sales Support and Customer Support Corporate Tax Ireland’s corporate tax rate has come under scrutiny in recent Finance: Accounts Payable/Receivable, Collections, Accounts Spanish months; at 12.5% compared to other Euro nations it’s one of the Administrators. These areas will continue to require previous Customer Support lowest within the EU. What is essential to the continued growth skill and experience as well as the relevant qualifications within the Irish economy is our CTR; this has been one of the Russian key factors when considering Ireland as a potential settling Sales: IT Sales, Lead Development, Sales Support, Channel Team Lead Functions, Management Functions, place for international businesses both small and large. Ireland Sales, Account Managers-all these areas will continue to be one Post-Sales Support as a country is a very attractive option when wishing to relocate of the biggest demand sectors in Ireland. Other strong given its busy cities and beautiful countryside but coupled with economies within the EU such as France and Germany will Turkish an attractive tax rate concession this allows us to ensure a continue to see sales development in to these countries which Technical Support Functions competitive place within the international investment market. is where you will see the demand for Sales professionals at all levels to support this function Ireland as a Growth Industry Cloud: Cloud Support, Cloud Sales, Cloud Storage Multilingual requirements will continue to grow in 2012, primarily Cloud storage is becoming one of the biggest new concepts within the financial and IT sectors. Ireland was quoted as within the IT industry and candidates who have previous potentially being the next “silicon valley”, funny as it may seem, experience in this field or indeed are willing to embrace this new Ireland very much appears to be heading that way with IT firms technology will be sought after. 33
  • 34. CONTACT CENTRE JOB TITLE DUBLIN CORK REGIONAL Customer Service: 19-27k 19-26k 19-26k Technical Support 22-30k 22-26k 22-26k Lead Development 23-34k 23-30k 23-30k Sales Support 19-26k 20-24k 20-24k Inside Sales 28-60k 26-60k 24-60k Channel Sales 28-40k 26-38k 26-38k Sales Manager 60-140k 60-140k 60-140k Telesales 24-28k 24-28k 22-26k HR Administration 22-30k 22-26k 22-26k HR Manager 28-45k 26-35k 26-35k Customer Service Supervisor with language 26-30k 24-27k 24-27k Customer Service Team Leader with language 30-40k 26-35k 23-30k Call Centre manager with languages 60-80k 60-80k 30-35k Order Entry Manager with language 25-40k 30-40k 27-35k Order Entry Clerk with languages 21-26k 19-24k 18-20k Accounts P/R 22-30k 21-28k 21-26k Collections Assistant 23-28k 22-28k 22-28k Localisation Support Engineer 28-40k 28-38k 28-38k 34 www.sigmar.ie
  • 35. Senior Management Positions MANAGEMENT POSITIONS JOB TITLE REPUBLIC OF IRELAND 5yrs + 10yrs+ Mana ging Director SME 100-150k 150k + Executive VP 80-100k 100-150k Chief Financial Officer 100-130k 130-180k Chief Opera ting Officer 100-130k 130-180k Chief Informa tion Officer 100-130k 130-180k 35
  • 36. Marketing Overall, the Marketing sector is slowly making a comeback. While 2011 saw a huge increase in the number of contract roles and In regard to salary, the figures are not that different to those of the numbers of roles available are nowhere near the levels of already 2012 looks set to continue in this fashion. Despite this the 2011 with a slight increase in Advertising roles. previous years, there has been a slow and steady increase in the level of experience and expertise remains as high as required for number of companies looking to reinvest in marketing positions. permanent roles. However the level of experience sought by companies is quite high In addition, Online Marketing has been an area of significant growth with only the most experienced candidates being considered. with this set to continue into 2012. The commercial acumen of marketeers is also very important as Marketers are continuing to invest more time and finances into social the synergy between marketing and sales has become more and networking, creating Facebook pages, Twitter accounts and more closely aligned. LinkedIn pages to correspond with the changing communication and buying habits of their target market. 36
  • 37. ADVERTISING JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Creative Director 52-55k 50-60k 66-78k 48-52k 50-58k 60-70k Art Director 40-50k 40-60k 70k 40-50k 45-55k 65k+ Senior Designer 35-40k 35-45k 45-52k 35-40k 35-45k 40-50k Junior Designer 25-32k n/a n/a 20-30k n/a n/a Production Manager 30-38k 35-45k 45-55k 30-35k 35-45k 45-55k Advertising Manager 40-45k 45-55k 55-75k 38-45k 45-55k 50-70k Telemarketing Representative 18-23k 22-25k 26-30k 18-22k 22-25k 26-30k PUBLIC RELATIONS JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Public Relations Manager 40-50k 45-55k 62k + 37-45k 40-50k 55k + Public Relations Officer 25-30k 30-35k 35-47k 23-28k 28-35k 35-45k 37 www.sigmar.ie
  • 38. Market Overview: Industry and Commerce MARKETING AIL & COMMERCIAL BANKING JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Marketing Director 70-90k 90-110k 120k + 65-85k 80-95k 100k + Marketing Manager 55-65k 65-75k 80k + 50-60k 60-70k 70k + Marketing Communications Manager 55-65k 60-80k 80k 50-60k 55-75k 75k + Brand Manager 50-54k 55-65k 60-70k 45-50k 50-60k 60k+ Product Manager 45-50k 50-60k 60k + 40-50k 45-55k 55k + Market Research Manager 35-40k 40-45k 60k + 32-38k 35-45k 50k + Market Analyst 40-45k 45-60k 60k + 35-40k 40-55k 55k + Marketing Executive 25-28k 30-38k 38-40k + 23-28k 28-35k 35-40k + Marketing Assistant 22-25k 25-28k 30k + 22-25k 25-28k 30k + Channel Marketing 50-55k 55-60k 60-70k 45-50k 50-55k 55-65k ar Recruitment Salary Guide 2012 .sigmar.ie www.sigmar.ie 38
  • 39. Sales 2011 saw an increase in demand for experienced sales Another area of potential growth is in the export or international The demand for entry level roles is low as employers are looking professionals in almost all areas, which was positive. sales arena. Many companies are looking beyond what they see for experience. In order for graduate and junior sales people to as a saturated Irish marketplace and are looking for sales enter the world of sales, commission only roles or internships As for 2012, the sales market is predicted to predominately focus candidates with the ability to develop new markets on an may need to be considered. on roles in the pharmaceutical, healthcare, technical and online international basis. sectors. As with 2011, there is still a low demand for sales people in the With regard to the level of roles available the majority are at the construction and financial services industries, with this trend set In recent times there has been an increase in demand for internal mid-management level. While higher level roles are available, to continue for the foreseeable future. It is recommended that sales candidates as companies look to shift their focus from field such as Country Managers and Commercial Directors, these candidates from these industries consider re-skilling in order to sales to internally based sales teams. positions will be less frequently recruited for in comparison to open up new possible avenues of employment. previous years. As with previous years, multilingual sales candidates are highly All in all, the outlook is largely positive with a strong end to 2011 sought after, with the demand for German speaking candidates hopefully signaling an equally strong start to 2012. particularly high. 39
  • 40. COMMERCIAL/TECHNICAL JOB TITLE DUBLIN REPUBLIC OF IRELAND BASIC EARNINGS BASIC EARNINGS Sales Representative 30-40k 50-65k 28-40k 45-55k Area Sales Manager 45-65k 55-70k 40-50k 55-70k Internal Sales 26-30k 26-35k 24-30k 26-35k Product Specialist 55-60k 70-80k 45-50k 65-75k FINANCIAL/INSURANCE JOB TITLE DUBLIN REPUBLIC OF IRELAND BASIC EARNINGS BASIC EARNINGS Sales Representative 36-40k 40-60k 30-40k 35-55k Area Sales Manager 35-45k 60-80k 35-55k 50-65k Internal Sales 20-28k 32k 20-26k 30k 40 www.sigmar.ie
  • 41. FMCG JOB TITLE DUBLIN REPUBLIC OF IRELAND BASIC EARNINGS BASIC EARNINGS National Account Manager 65-70k 70-84k 55-65k 60-78k Key Account Manager 55-65k 60-78k 45-55k 50-67k Van Sales 20-28k 23-35k 22-30k 28-35k Merchandiser 20-27k 30-34k 22-27k 25-32k Field Sales Manager 60-70k 70-85k 45-55k 55-75k GENERAL JOB TITLE DUBLIN REPUBLIC OF IRELAND BASIC EARNINGS BASIC EARNINGS Sales Director 80-120k 95-135k 80-110k 90-120k Senior Sales Manager 60-70k 90-100k 55-70k 70-95k Sales Consultant (2 years+) 28-35k 35-50k 28-35k 35-45k Telesales 20-28k 22-40k 19.5-28k 22-40k 41 www.sigmar.ie
  • 42. ICT JOB TITLE DUBLIN REPUBLIC OF IRELAND BASIC EARNINGS BASIC EARNINGS Channel Sales Manager 55-75k 60-85k 50-60k 55-75k Product Manager 40-50k 50-75k 38-45k 45-65k Account Manager 30-45k 58-68k 28-40k 36-50k Telesales Representative 25-30k 30-38k 25-33k 30-36k Business Development Exec 30-45k 50-60k 30-40k 45-60k Account Manager 32-40k 50-55k 32-35k 40-45k 42 www.sigmar.ie
  • 43. Information Technology Market Overview: IT IT continues to be one of Ireland’s largest exports in 2011, which Peak demand exists for Java / J2EE developers and C# / .NET / Another area of growth in Ireland is that of Games development has been reflected by the subsequent growth in the IT job sector. ASP.NET developers with strong SQL skills. Increasingly there is an with several companies locating or expanding operations here. Ireland’s highly skilled/educated work force and competitive emphasis on large scale Web development experience calling for Interestingly these operations are less Dublin-centric with Cork corporation tax continues to attract foreign investment with 9/10 technologies like Ajax, DHTML and LAMP. The whole area of User and Galway both developing as hubs of excellence in this global ICT companies maintaining a presence in Ireland and all of Experience (UX) or User Interface (UI) skills is growing in sphere. the top 5 software companies having a significant presence in importance as companies try to deliver a more content rich, Ireland. user-centred experience. Due to the buoyancy in the IT market, there is an increasing shift of candidates with in-demand skills moving from salaried The current trend is that of significant demand in certain IT Mobile Computing is an area of huge growth. Smartphone’s and permanent jobs into more lucrative daily rate contract roles. disciplines: Software Development, Application Support, Software other mobile devices are exploding in popularity which is driving the With demand far outweighing supply in certain disciplines, most Testing, Infrastructure Administration / Support and to a lesser development of more and more applications so iPhone and Android companies are willing to consider candidates from outside extent IT Audit/Compliance, Business Analysis and Project Apps development skills are being increasingly sought. Ireland once they are genuine in their intentions to relocate to Management. Ireland. Virtualisation and Cloud Computing in general continues to be a huge trend with a significant percentage of companies looking to derive the cost savings from switching to virtual setups. This is driving demand for skills such as VMware and Hyper-V in particular. 43
  • 44. IT PERMANENT ROLES JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Application Support 35k 45-55k 55-60k + Business Analysts 40k 50-60k 60-70k 30k 35-40k 40k + Chief Technical Officers 80-90k 100-120k 120k + 60-70k 70-85k 85k + Database Administrators 45k 50-60k 65k + 35k- 40k 40k-45k 50k+ Database Developers 35-40k 40-45k 55-65k 30-35k 35k-40k 40+ Development Managers 65-70k 70-80k 90-110k 50k-60k 60k-70k 70k+ Graphic Designers 25-30k 35-40k 40-50k 25-30k 35-40k 40-50k IT Managers 60k 65-72k 75-90k 50k 55-65k 65k + Mainframe Developers 35-40k 40-50k 50-55k 35-40k 40-50k 50-55k Network Engineers 35-45k 45-55k 55-65k 32-40k 40-50k 50k + 44 www.sigmar.ie
  • 45. IT PERMANENT ROLES JOB TITLE DUBLIN REPUBLIC OF IRELAND 1-2 Years 3-5 Years 5 Years + 1-2 Years 3-5 Years 5 Years + Exp Exp Exp Exp Exp Exp Program Managers 75k 80-85k 85k + 65k 65-75k 85k + Project Managers 60k 65-70k 75k + 45k-50k 50-60k 75k + QA Specialists 30-35k 35-45k 45-50k 30-35k 35-45k 45-50k QA Manager 60k 60-65k 65-80k 50k 55-60k 60k + Software Developers 30-35k 40-50k 55-70k 30-35k 40-50k 55-70k Systems Administrators- Unix/Linux 35-40k 40-50k 55k + 30-35k 35-43k 43k + Systems Administrators- Windows 30-35k 35-45k 50k + 30-35k 35-43k 43k + Technical Support 24-27k 27-33k 35k + 24-26k 27-31k 31-43k Technical Architect 60k 60-70k 70-80k 60k 60-70k 70-80k Web Designers 25-32k 35-40k 40-55k 25-32k 35-40k 40-55k 45 www.sigmar.ie
  • 46. IT CONTRACTOR DAILY RATES JOB TITLE DUBLIN REPUBLIC OF IRELAND Application Support 200-300 200-250 Business Analysts 300-400 200-250 Chief Technical Officers 600-750 400-500 Database Administrators 400-450 300-400 Database Developers 300-425 250-350 Development Managers 550-650 400-500 Graphic Designers 200-300 200-300 IT Managers 450-550 350-450 Mainframe Developers 225-325 225-325 Network Engineers 300-400 250-350 46 www.sigmar.ie
  • 47. IT CONTRACTOR DAILY RATES JOB TITLE DUBLIN REPUBLIC OF IRELAND Program Managers 450-600 300-500 Project Managers 400-500 300-500 QA Specialists 200-350 150-300 QA Manager 400-550 250-400 Software Developers 300-400 300-400 Systems Administrators- Unix/Linux 325-425 300-400 Systems Administrators- Windows 275-350 250-300 Technical Support 120-220 120-220 Technical Architect 500-600 450-500 Web Designers 250-350 250-350 47 www.sigmar.ie