Salary Survey Ireland

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1 2006 Salary Survey Ireland

2 Introduction Welcome to the Hudson Ireland Salary Survey The latest economic study in Ireland has highlighted that Ireland will remain the fastest-growing economy in the developed world over the next 15 years, according to Deutsche Bank. The bank named Ireland, Spain and the US as the OECD economies that will grow most quickly between 2006 and With an economy almost at full employment levels, it is giving way to a scarcity in candidates and a war for talent in the marketplace. Employee behaviours are changing and as such are demanding more from their employer in terms of benefits packages, flexibility in the workplace, hygiene factors and their development plan. More employees will not stay long-term in a company as the previous generation did and they are willing to take on contract roles for a lifestyle choice or to move around more when they are unhappy with their current employer. This has highlighted the need for companies to have much better thought-out retention strategies, including salary and related benefits. Content Introduction Commerce & Industry Finance Financial Services & Banking Human Resources Information Technology Sales and Marketing Supply Chain, Logistics & Service Operations Manufacturing & Technology Biotechnology/Pharmaceutical The following pages contain the latest study of salary ranges in Ireland for the coming year gathered from sources including salaries offered by clients, candidate salaries upon registration and advertised salaries. It is important to note that all salaries are dependent on a number of key factors such as size of company, location, company benefits schemes and so forth. As such, the survey should be used as a guide only. Please feel free to contact one of our consultants if you have specific queries as they would be delighted to assist you. Whether you are looking for one new key employee, developing a volume recruitment campaign or seeking advice on talent management, we are the only logical choice. We hope that you find this survey of interest. Peter Cosgrove Country Manager Ireland

3 Commerce & Industry Finance Permanent Market (Table continues from previous page) The market for newly qualified accountants with 1 2 years PQE has continued to be extremely buoyant for 2005 and is set to continue into In contrast with last year s hike in basic salaries, this year companies are looking to keep salaries stable and are trying to push their benefits package as a way to attract candidates. Salaries at the more senior level are remaining quite static and companies are focusing more on candidates coming from a similar industry background. Internal Control and Risk is still an important area but the urgency on these roles has decreased from last year. There has been an increase in more specialised roles like Tax, Treasury, Revenue Assurance and Cost/Fixed Asset Accounting. The contract market remains stable with companies often preferring to hire non-permanent employees as a way to get around headcount restrictions. Salaries are slightly higher than the permanent roles but not such a marked difference that would entice candidates to take contract over permanent. Permanent Market Tax Accountant 50,000 55,000 60,000 Tax Manager 60,000 70,000 80,000 Treasury Manager 50,000 60,000 70,000 Treasury Accountant 40,000 45,000 50,000 Revenue Assurance Manager 60,000 70,000 80,000 Payroll Manager 40,000 48,000 55,000 Shared Accounting Services SSC Director 100, , ,000 Credit/Collections Manager 40,000 60,000 80,000 Accounts Payable Manager 48,000 53,000 58,000 Accounts Receivable Manager 48,000 53,000 58,000 General Ledger Manager 50,000 55,000 60,000 Accounts Payable Supervisor 32,000 36,000 40,000 General Ledger Accountant 45,000 48,000 50,000 Chief Financial Officer 110, , ,000 Finance Director 80,000 90, ,000 Finance Controller 60,000 70,000 80,000 Finance Manager 50,000 60,000 70,000 Management Accountant 47,500 55,000 60,000 Cost Accountant 47,500 55,000 60,000 Financial Accountant 47,500 55,000 60,000 Recently Qualified Accountant 40,000 43,000 45,000 Part Qualified Accountant 30,000 35,000 40,000 Project Accountant 45,000 55,000 60,000 Auditing Director 65,000 80, ,000 Audit/Compliance Manager 60,000 75,000 90,000 Auditor 40,000 50,000 60,000 Business/Finance Analyst 45,000 55,000 65,000

4 Financial Services & Banking Banking Industry (Table continues from previous page) The Banking market has been extremely buoyant throughout 2005, with companies recruiting steadily. The global banks have each typically recruited new staff in 2005, and this growth curve is set to continue through The result for candidates has been an increase in opportunities for those looking to move. Competition between companies wishing to recruit the same candidate has been very apparent this year a factor which was reflected in the value of salaries and benefits packages offered to candidates. Another keen trend emerging is the number of companies counter-offering candidates that seek to resign. Companies are doing everything in their power to retain staff and are willing to promote, increase salary and/or improve working conditions (such as a reduction in overtime worked). This is now very typical within the Funds industry. Banking Industry Fund Accounting Manager 70,000 80, ,000 Fund Accountant/Supervisor (Qual) 45,000 50,000 60,000 Fund Accountant (Part Qualified) 40,000 42,000 45,000 Fund Accountant (1 3 yrs exp) 27,000 30,000 35,000 Settlements Manager 60,000 70,000 80,000 Settlement Team Leader 35,000 45,000 50,000 Settlements Administrator (1 3 yrs exp) 27,000 30,000 35,000 Share Registration (1 yr+ exp) 27,000 30,000 32,000 Shareholder Services Manager 60,000 70,000 80,000 Shareholder Services Team Leader 35,000 45,000 50,000 Shareholder Services Administrator (1 3 yrs exp) 27,000 30,000 35,000 Custody Manager 60,000 70,000 80,000 Custody Team Leader 35,000 45,000 50,000 Custody Administrator (1 3 yrs exp) 27,000 30,000 35,000 Compliance/Trustee Manager 60,000 70,000 90,000 Compliance/Trustee Officer 40,000 50,000 60,000 Treasury Treasury Manager 60,000 70,000 80,000 Treasury Analyst 45,000 50,000 60,000 Head of Treasury 90, , ,000 Front Office Banking Private Client Portfolio Manager 70,000 90, ,000 Institutional Sales (Equities, Fixed Income) 65,000 90, ,000 Equity Research Analyst 40,000 65,000 95,000 Corporate Finance Director 90, , ,000 Corporate Finance Executive 50,000 60,000 70,000 Quantitative Analyst 40,000 55,000 80,000 Derivatives Trading 50,000 60, ,000 Corporate Banking Lending Manager Corporate Lending 75,000 85, ,000 Corporate Actions 27,000 30,000 35,000 Commercial Banking Lending Senior Credit Analyst 55,000 70,000 80,000 Credit Analyst 45,000 50,000 55,000 Junior Credit Analyst 35,000 40,000 45,000 Insurance Claims Manager 45,000 60,000 75,000 Claims Administrator 28,000 30,000 35,000 General Insurance Administrator 25,000 28,000 32,000 Commercial Underwriting Manager 40,000 60,000 75,000 Underwriting Administrator 28,000 30,000 35,000 Life & Pensions Regional Manager 50,000 64,000 82,000 Life Assurance Administrator 25,000 28,000 34,000 Pensions Manager 45,000 60,000 75,000 Pensions Administrator 28,000 30,000 35,000 6

5 Human Resources As the war for talent increases more emphasis has had to be placed on attracting and retaining quality employees. This has resulted in demand for roles in Recruitment, Compensation & Benefits and Learning & Development. The HR market has also finally begun to see an increase in salary levels. This is reflected in the fact that Human Resources is now seen more as integral to and aligned with company business strategy as opposed to a support function. Permanent Market HR Director (10+ yrs management) 95, , ,000 HR Director (5 yrs management) 80,000 85,000 95,000 HR Manager (5 yrs management) 60,000 65,000 80,000 HR Business Partner 50,000 55,000 60,000 HR Generalist 40,000 45,000 50,000 HR Officer 32,000 35,000 40,000 HR Administrator 25,000 28,000 32,000 Specialist Skills Compensation & Benefits Director 85,000 90, ,000 Compensation & Benefits Manager 60,000 70,000 80,000 Employee Relations Manager 50,000 60,000 70,000 Industrial Relations Manager 60,000 70,000 85,000 Learning & Development Manager 55,000 75, ,000 Recruitment Manager 50,000 60,000 70,000 Organisational Development Specialist 55,000 60,000 65,000

6 Information Technology Permanent Market (Table continues from previous page) It is common knowledge that activity in the IT&T sector in Ireland has begun to increase significantly over the past year as the economy becomes more robust. As we head further into 2006, candidates will have a greater variety of opportunities open to them and companies will need to offer increasingly attractive packages in order to attract them. More and more companies are moving towards Linux and.net technologies and IT&T professionals with these skill sets will be in greater demand during Candidates attitudes to remuneration packages have changed also. They now place more emphasis on the salary, pensions and other benefits than during previous years. The following salary survey is a snapshot of the current permanent and contract rates. Permanent Market IT Management Roles IT Director 95, , ,000 Software Development Manager 60,000 65,000 80,000 Technical Architect 45,000 55,000 70,000 Project Manager 47,000 55,000 70,000 Database Roles DBA 35,000 45,000 60,000 Database Developer (Oracle) 32,000 42,000 50,000 Database Developer (Sybase DB2 Informix, SQL Server) 30,000 40,000 48,000 Oracle Financials Developer 40,000 55,000 80,000 Technical Support Technical Support Manager 45,000 48,000 80,000 1st Line Support Engineer (Language) 17,000 20,000 33,000 2nd Line Support Engineer (Language) 23,000 30,000 35,000 1st Line Support Engineer 16,000 19,000 30,000 2nd Line Support Engineer 22,000 30,000 35,000 Sr. Field Service Engineer 30,000 40,000 50,000 QA Test & Localisation Test Manager 40,000 47,000 60,000 Software Tester (Unix) 25,000 37,000 45,000 Software Tester (Windows) 25,000 35,000 45,000 Localisation Development Manager 55,000 60,000 75,000 Localisation Engineer 22,000 28,000 35,000 Software Development Roles GUI Developer (Visual Basic PowerBuilder) 25,000 38,000 50,000 Business Analyst 38,000 46,000 56,000 Java Developer with EJB/J2EE 35,000 45,000 60,000 Web Developer 25,000 30,000 40,000 Software Engineer C++, OOD 30,000 40,000 55,000 Software Engineer Visual C++, MFC 25,000 38,000 50,000 Cobol Analyst Programmer 25,000 33,000 40,000 RPG/AS400 Developer 28,000 35,000 45,000 Lotus Notes Developer 25,000 38,000 45,000 ERP Roles SAP Project Manager 45,000 50,000 70,000 SAP Consultant 33,000 50,000 65,000 SAP Business Analyst 35,000 40,000 55,000 ABAP Developer 35,000 45,000 50,000 Siebel Developer 40,000 50,000 80,000 Other ERP Consultant 33,000 50,000 60,

7 Information Technology Permanent Market (Table continues from previous page) Networking Roles Network Manager 35,000 45,000 60,000 Network Engineer 28,000 35,000 45,000 Network Administrator 30,000 38,000 45,000 Helpdesk Manager 38,000 45,000 52,000 Unix Systems Administrator 30,000 45,000 60,000 Senior Network Engineer 30,000 33,000 41,000 PC/Network Support 20,000 25,000 30,000 Networking Roles Technical Writer 28,000 33,000 40,000 Telecoms Engineer 32,000 44,000 55,000 Technical Trainer 30,000 35,000 45,000 Contract Market Systems Analyst VB/MS Access Team Leader VB/MS Access (3 5 yrs exp) C/C++/OOD (3 5 yrs exp) JAVA (1 3 yrs exp) C/UNIX (3 8 yrs exp) C/UNIX (1 3 yrs exp) Sr. Database Developer Jr. Database Developer Cobol Programmer Analyst SAP (3 5 yrs exp) SAP (1 3 yrs exp) T-comms NT/Windows (LAN) Contract Market (Table continues from previous page) Novell (LAN) Sr. Software Tester Jr.Software Tester Job Title Exp 1 2 yrs Exp 2 4 yrs Networking & Communications Unix Systems Administrator Network Administrator ERP SAP Project Manager SAP Consultant SAP Business Analyst ABAP Developer Siebel Developer All contract salaries are stated on a per day basis

8 Sales and Marketing In 2005 the Sales & Marketing sector has seen a significant increase in both opportunities for Sales and Marketing professionals and a greatly expanded workforce in many Sales and Marketing departments. In the next 12 months we expect recruitment levels to continue to rise across the board, in particular in the IT&T sector. Going forward, the key focus for a majority of companies is customer relationship management and retention and as such, demand for roles within this area will continue to rise. Sales Permanent Sales Director 80,000 95, ,000 Business Development Director 65,000 80, ,000 Sales Manager 55,000 60,000 75,000 Business Development Manager 50,000 60,000 75,000 Channel Sales Manager 52,000 60,000 75,000 Account Manager 40,000 45,000 50,000 Account Executive 28,000 35,000 40,000 Business Development Executive 40,000 45,000 50,000 Sales Executive 25,000 32,000 38,000 Telesales Representative 20,000 24,000 26,000 Marketing Permanent Marketing Director 70,000 95, ,000 Marketing Manager 38,000 57,000 90,000 Brand/Product Manager 32,000 41,000 50,000 Market Research Manager 40,000 50,000 60,000 Market Analyst 28,000 35,000 40,000 Marketing Executive 25,000 32,000 38,000 Senior Brand Manager/Product Manager 44,000 58,000 65,000 Assistant Brand Manager 27,000 32,000 36,000 Market Research 23,000 27,000 33,

9 Supply Chain, Logistics & Service Operations Supply Chain & Procurement 2005 saw a dramatic upturn in the demand for supply chain and procurement professionals and the market, particularly within certain sectors or categories, is very much candidate-driven. Within the telecommunications industry as a whole there has been resurgence in recruitment across all areas of supply chain, particularly the mobile sector where procurement continues to be the area of greatest candidate shortages. Other sectors showing an increase in recruitment are IT services companies, 3pl/4pl logistics and distribution companies. There has been a significant increase in activity for supply chain and procurement professionals over the last few months and we are now coming into the strongest employment market for candidates since Most industries are in hiring mode after many years of cost cutting and we expect 2006 will demonstrate further increases in hiring activity across the board. Supply Chain & Logistics (Table continues from previous page) Inventory Planning Manager 44,000 53,000 61,000 Purchasing Assistant 23,000 27,000 32,000 Purchasing Supervisor 36,000 42,000 48,000 Purchasing Manager 44,000 54,000 64,000 Supply Chain Analyst 25,000 35,000 50,000 Supply Chain Manager 52,000 64,000 75,000 Supply Chain Director 72,000 89, ,000 Programme/Project Manager 50,000 62,000 75,000 Operations Manager 58,000 67,000 83,000 General Manager 72,000 85, ,000 Junior Buyer 23,000 26,000 28,000 Buyer 25,000 35,000 44,500 Senior Buyer 41,000 46,000 51,000 Commodity Manager 50,000 60,000 70,000 Order Fulfillment Scheduler 24,000 29,000 35,000 Order Fulfillment Manager 40,000 53,000 65,000 Inventory/Materials Controller 23,000 27,000 30,000 Inventory/Materials Planner 30,000 36,000 41,000 Inventory/Materials Manager 45,000 57,000 65,000 Warehouse Supervisor 30,000 36,000 41,000 Warehouse Manager 36,000 44,000 51,000 Logistics Manager 44,000 55,000 65,000 Transport Manager 32,000 37,000 45,000 Production Planner 28,000 32,000 36,000 Planning Manager 44,000 54,000 64,000 Senior Production Planner 41,000 49,000 57,

10 Manufacturing & Technology Permanent (Table continues from previous page) Ireland s Technology sector continues to be characterised by strong, talented organisations. There is continued growth within the medical device industry which is increasingly welcoming candidates from the electronics and semi-conductor industry. Ireland continues to be at the forefront of technology breakthroughs with companies operating in a variety of high tech sectors from telecoms, software and hardware manufacturing to biotechnology, healthcare and electronics. Six Sigma and 5S are becoming increasingly valuable with more companies looking to improve performance. Permanent Job Title Range Manufacturing Personnel Production Supervisor 35,000 45,000 Manufacturing Engineer 30,000 40,000 Production Manager 45,000 60,000 Manufacturing Ops Manager 55,000 70,000 Customer Service Customer Services Engineer 30,000 40,000 Technical Services Manager 40,000 65,000 Customer Services Manager 40,000 60,000 Quality Roles Documentation Co-ordinator 30,000 40,000 Process Engineer 35,000 45,000 Quality Engineer 35,000 40,000 Quality Manager 45,000 56,000 All temporary (or day) rates are exclusive of NI/PRSI, working time directive and management charges. Permanent salary rates vary from company to company and are affected by the size of the organisation, sector, economic conditions and the relative scarcity of candidates. All permanent salaries exclude benefits and bonuses. Job Title Range Facilities Roles Field Service Engineers 30,000 60,000 Maintenance Technician 30,000 40,000 Facilities Supervisor 35,000 45,000 Facilities Manager 40,000 65,000 Test Roles Test Engineer 30,000 50,000 Test Engineering Manager 45,000 65,000 Project Management Roles Project Co-ordinator 30,000 40,000 Programme/Project Manager 45,000 65,000 Design Personnel Technicians 30,000 35,000 Hardware Development Eng (1 5 yrs) 30,000 40,000 Hardware Development Eng (5+ yrs) 40,000 50,000 Hardware Development Eng (Mgmt) 50,000 65,000 IC/ASIC Development Engineer 50,000 85,000 Software Development Eng (1 5 yrs) 35,000 45,000 Software Development Eng (5+ yrs) 40,000 50,000 Software Development Eng (Mgmt) 49,000 65,000 Systems Engineering 45,000 65,000 Mechanical Development Eng (1 5 yrs) 30,000 40,000 Mechanical Development Eng (5+ yrs) 40,000 50,000 Mechanical Development Eng (Mgmt) 50,000 60,000 Electrical Design Engineers 35,000 50,000 Engineering Manager 50,000 85,000 Miscellaneous Engineering Toolmaker 35,000 40,000 SCADA/PLC 37,000 46,

11 Biotechnology/Pharmaceutical The Biotechnology sector in Ireland is now fulfilling its promise to become one of the key sectors to create a high-tech research and industrial base in Ireland. Enterprise Ireland has established a new Biotechnology Directorate which partners 5 Irish universities and will also work with industry, technology transfer offices, research funders, bio-entrepreneurs and companies themselves. Job Title Range Lab Technician 25,000 35,000 Analytical Chemist (1 4 yrs) 25,000 35,000 Analytical Chemist (4 7 yrs) 35,000 45,000 Synthetic Organic Chemist (1 3 yrs) 30,000 40,000 Synthetic Organic Chemist (3 yrs +) 35,000 45,000 Biochemist 30,000 40,000 Food Microbiologist 30,000 40,000 Pharmaceutical Microbiologist 30,000 45,000 Lab Manager (Pharma) 40,000 60,000 Lab Manager (non Pharma) 40,000 55,000 Serologist (1 3 yrs) 35,000 45,000 Serologist (3 6 yrs) 40,000 50,000 Quality Assurance (1 3 yrs) 30,000 40,000 Quality Assurance (3 yrs +) 40,000 50,000 Quality Control 30,000 45,000 Auditor (GMP/GLP) 40,000 50,000 Toxicologist 40,000 50,000 Regulatory Affairs 45,000 70,000 Validation Manager 45,000 85,000 Validation Engineer 40,000 60,000 Qualified Person 50,000 85,

12 22 Notes

13 Christy Morgan Hudson 10 Lower Mount Street Dublin 2 tel: fax:

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