Top 10 Highest Paid Professions 2021 – Ireland
Posted on January 7, 2021
Many individuals looking for an overseas career are looking at Ireland as an option. Apart from this, working and living in Ireland gives free access to the European Union. Another advantage is that those who live in Ireland for five years can subsequently apply for citizenship.
Ireland stands at number 4 in the world in GDP on a per capita basis. It also attracts overseas investment due to the fact that it has the highest population under the age of 25 in the Eurozone.
Job opportunities are expected to multiply in Ireland because multinationals are looking at Ireland as an option to set up business post the Brexit implementation. They consider the country as a suitable base to establish their presence in the EU.
As a fall out of the impact on the economy due to Covid-19, the Irish economy after suffering setbacks in output and job losses in 2020 is expected to rebound in 2021 according to predictions by the government. The government predicts there will be a 5.5% increase in employment in 2021.
All these factors are expected to have a positive impact on the job growth in Ireland. Sectors such as manufacturing, transport and distribution are expected to see job growth till 2025. They are likely to have some of the highest paid professionals in Ireland in 2021.
Average income in Ireland
The average income for a person working in Ireland is 38,500 Euros per year. The salary for professionals here ranges between 9,730 Euros to 172,000 Euros per year.
This salary includes housing, transportation and other benefits.
Here is a list of the top ten highest paid professionals in Ireland for 2021:
Usually, an individual employed as a surgeon earns about €167,000 per year. Salaries vary from EUR 83,700 (lowest) to EUR 259,000 (lowest) (highest).
The salaries differ dramatically depending on experience, abilities, gender, or location.
A judge in Ireland earns around EUR 78,200 per year. Salaries range from EUR 36,000 (the lowest) to EUR 124000 (highest) The most significant factor in deciding the salary is the amount of experience. The more years of experience, inevitably, the higher your pay.
A judge with less than two years of experience receives around EUR 40,800 annually.
While someone with two to five years of experience is projected to gain EUR 54,500 per year, 34 percent more than someone with less than two years of experience.
Usually, a person employed in Ireland as a lawyer earns about EUR 76,300 per year. Wages range from EUR 36,600 (the lowest) to EUR 120000 (highest).
The most significant factor in deciding the salary is the amount of experience.
A lawyer with experience of less than two years earns approximately EUR 42,900 per year. While someone with a level of experience of between two and five years is expected to earn around 104,000 EUR per year.
4. Bank manager
Usually, bank managers in Ireland earn around EUR 86,200 per year. Wages range from EUR 44,800 (the lowest) to EUR 132000 (highest).
A bank manager with less than two years of experience earns about EUR 50,900 annually.
Although it is anticipated that anyone with an experience level between two and five years will earn EUR 68,300 per year, an experience level between five and ten years will earn a salary 88,800 Euros per year.
5. Chief Executive Officer
A Chief Executive Officer earns around EUR 88,700 per year. Wages range from EUR 43,500 (the lowest) to EUR 138000 (highest).
Their immense remuneration is due to both the wide scope of effect and the risks involved.
6. Chief Financial Officer
A Chief Financial Officer in Ireland usually receives about 80,600 EUR per year. Wages range from EUR 40,300 (the lowest) to EUR 125000 (highest).
Budgets, expenditures, expenses, and income are handled by CFOs that directly influence the organization’s operations.
An Orthodontist with less than two years of experience makes approximately 62,200 EUR per year.
While someone with an experience level between two and five years is expected to earn 83,100 EUR per year, 34% more than someone with less than two years’ experience.
8. College professor
Usually, a college professor in Ireland receives about 56,200 EUR per year. Wages range from EUR 29,800 (the lowest) to EUR 85400 (highest).
A professor with less than two years of experience receives about EUR 34,200 a year.
Someone with two to five years of experience is projected to gain EUR 42,000 per year, 23 percent more than someone with less than two years of experience.
Usually, a pilot in Ireland receives around EUR 66,900 per year. Salaries differ from EUR 34,100 (lowest) to EUR 103,000 (lowest) (highest).
A pilot with less than two years of experience makes approximately 38,300 EUR per year.
It is estimated that an experience level of between two and five years will receive EUR 50,000 per year, while experience of between five and ten years earns a salary of EUR 70,000 per year.
10. Marketing directors
A marketing director usually receives about EUR 73,600 a year. Salaries range from 33,800 EUR (lowest) to 117,000 EUR (highest).
Marketing directors are in charge of increasing their companies’ sales. They are responsible directly for the generation of business.