Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie. Salary Guide Ireland 2016. www.sigmar.ie

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie Salary Guide Ireland 2016 www.sigmar.ie

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie www.sigmar.ie www.sigmar.ie

Contents Introduction... 1 Accountancy & Finance... 2 Banking & Financial Services... 8 Construction & Property Services... 16 Engineering... 19 Human Resources... 22 Insurance... 25 IT... 29 Legal... 37 Life Sciences... 41 Marketing... 44 Medical Devices... 47 Multilingual... 50 Office Support & Administration... 52 Sales... 54 Supply Chain... 57

1 Welcome to the Sigmar Recruitment Salary Guide 2016 After five years of steady growth, Sigmar has seen demand levels in most professional sectors nearly reaching prerecession highs in 2015. Ireland has maintained competitiveness over the last few years, resulting in increasing overseas investment and as long as we stay competitive, this bodes well for some years to come. The improved job landscape in Ireland certainly fed through to macro-economic figures and unemployment levels. Whilst Ireland s strong growth is subject to national or international shocks, there is no reason that Ireland can t get unemployment back to record low levels. But maintaining the discipline to stay competitive is key to this and politically that is a challenge. open on the hard skills of applicants, but more selective on cultural fit and attitude of all candidates. This is evidenced in major focus on employer branding and, in particular, companies CSR initiatives being at their core. Finally an interesting phenomenon in 2015 was that permanent recruitment grew faster than contract and temporary recruitment. As national and global recovery was a little tentative, organisations were still a little risk adverse, and would take on a contractor if they could rather than a permanent member of staff. As the rate of recovery increases and confidence is restored, more companies are comfortable increasing headcount long term. In terms of specific skills in demand, analytics has risen to be the most wanted. Analytics encapsulates other skills and is featured in all sectors, but vacancies for data scientists, analysts, big data, risk, etc. have risen sharply. The other current trend, as the global war for talent heats up, is the continued focus on culture and purpose from hiring companies. Many organisations are investing more in training and development, so may be a little more Adrian McGennis CEO

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 2 In Demand for 2016 Financial Services Hot Jobs Financial Reporting Accountant (Funds) Financial Accountant External Reporting Accountant Internal Auditor Financial Analyst Top Skills Auditing Skills Financial Accounting Financial Analysis Solvency II Reporting Capability Sox Reporting Capability Salaries in 2016 More growth expected in 2016 than any year since the crash. The financial services accountancy jobs market progressed from recovery mode in 2015, a trend which is set to continue. There has been a significant increase in qualified and part qualified accounting jobs across the financial services sector. The larger financial services companies are now recruiting for multiple permanent positions within their finance departments simultaneously. This is a clear indicator of the shift towards hiring for the long-term rather than tentatively offering only fixed-term contracts. Job opportunities in the financial services accountancy market will continue to grow in 2016. In addition to the new positions being created, the turnover in the market is much higher than it has been in recent years due to returning confidence. Accountants at all levels are much more willing to take the calculated risk of moving jobs in order to further their careers. Salaries will continue to grow by 5-10% in the financial services sector in 2016. Additional salary growth of around 10% is likely to be witnessed during the year in the contracts area as the volume of workers available for contracts or temporary positions continues to be reduced dramatically due to the increase in permanent jobs available. Top Tip For 2016 Upskilling, no matter how minimal, will increase your worth in the financial services accountancy market. This could be done by undertaking an IFRS course or by widening your knowledge within a specific area within financial services.

3 Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie Accounts Receivable 28-32k 32-38k 38k + 25-28k 28-32k 32k + Accounts Payable 28-32k 32-38k 38k + 25-28k 28-32k 32k + Transfer Pricing 55-65k 65-75k 75k + 35-45k 45-55k 55k + Group Accountant 52-58k 58-65k 65k + 35-45k 45-55k 55k + Statutory Accountant 52-58k 58-65k 65k + 35-45k 45-55k 55k + Financial Planning and Analysis 50-55k 55-65k 65k + 35-45k 45-55k 55k + MI Analyst 50-55k 55-65k 65k + 30-40k 40-50k 50k + Business Analyst 50-55k 55-65k 65k + 40-45k 45-50k 50k + Pensions Accountant 45-55k 55-60k 60k + 40-45k 45-50k 50k + Solvency II Accountant 55-60k 60-70k 70k + 40-45k 45-55k 55k + Part Qualified Accountant (Reg Reporting, Fin Reporting, Global Markets, Group Finance) 26-38k 38-40k 40k + 25-30k 30-40k 40k + SPV Accountant 52-58k 58-65k 65k + 40-45k 45-50k 50k + Sox Accountant 52-58k 58-65k 65k + 35-45k 45-55k 55k + Compliance Accountant 52-58k 58-65k 65k + 35-45k 45-55k 55k + Treasury Accountant 52-58k 58-65k 65k + 40-50k 45-55k 55k + Internal Auditor 52-58k 58-65k 65k + 40-50k 45-55k 55k + Regulatory Reporting Accountant (Qualified) 52-58k 58-65k 65k + 40-50k 45-55k 55k + Financial Reporting Accountant (Qualified) 52-58k 58-65k 65k + 40-50k 45-55k 55k + Finance Analyst (Qualified) 52-58k 58-68k 68k + 40-50k 45-55k 55k + Qualified Management Accountant 52-58k 58-65k 65k + 40-50k 45-55k 55k + Qualified Financial Accountant 52-58k 58-65k 65k + 40-50k 45-55k 55k + Compliance Manager 60-75k 75-85k 85k + 50-55k 55-65k 65k + Treasury Manager 60-75k 75-80k 75k + 50-55k 55-65k 65k + Internal Audit Manager 60-75k 75-80k 80k + 50-55k 55-65k 65k + Finance Manager 60-65k 65-85k 85k + 55-65k 65-70k 70k + Financial Reporting Manager 65-80k 80-90k 90k + 45-60k 60-65k 65k + Head of Financial Reporting 75-90k 90-100k 100k + 65-75k 75-85k 85k + Financial Controller 70-80k 80-90k 90k + 55-70k 70-75k 75k + Finance Director 85-100k 100-120k 120k + 75-85k 85-95k 95k + All salaries taken as annual in Euros, based on working in Ireland. Bonus/car allowance not included. Figures are based on current market rates. Salaries are subject to variances based on the individual, the company size and other external factors. Parameters indicate the highest and lowest salary level for each position.

4 In Demand for 2016 Industry & Commerce Hot Jobs Commercial Accountant FP&A Accountant Financial Accountant/GL Accountant Internal Auditor Accounts Assistant Top Skills Commercial Accounting Skills Strong IFRS Knowledge and Experience US GAAP Knowledge and Experience Fluency in European Languages Salaries in 2016 We predict around a 5-7% increase in accountancy salaries in the area of commerce and industry within 2016. Some roles may even exceed a 7% increase due to supply and demand issues that will be experienced. 2016 is trending for further growth and employment for finance professionals in the commerce and industry space. The industry accountancy market at present is vibrant and there is a growing sense of confidence from employers and candidates alike. Every month there are increased numbers of multinationals choosing Ireland as their European or EMEA base due to key factors such as our highly skilled workforce and tax efficient operating environment. This creates numerous opportunities for finance professionals driving competition for top talent and pushing up salaries in the market. The most sought after roles at present as we move into 2016 are commercial, group accounting and analyst positions. These jobs allow finance professionals to have contact with different departments outside of accountancy and thus offers them a greater overview of the business as a whole. Whilst there is a high demand for these positions, finding someone with the experience and the industry knowledge is a tough task and salaries are increasing all of the time because of this. With numerous US multinationals and global companies setting up their EMEA bases here in Ireland, there is an increased demand for all types of finance professionals. In addition to accounting skills and experience, companies look to hire people who can have an impact on their progression and growth. Culture fit is something which is becoming more and more important, especially within recently created companies that are growing quickly. Top Tip For 2016 Learn a second European language or at least develop your basic understanding of a language. Accountants with French, German or Dutch are always in high demand and having this skill will make you more employable within the industry sector.

5 Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie Accounts Assistant/Technician 23-30k 28-33k 33k + 22-25k 25-30k 30k + Accounts Receivable/OTC 24-28k 28-32k 32k + 23-26k 26-30k 30k + Accounts Payable/P2P 24-28k 28-32k 32k + 23-26k 26-30k 30k + Accounts Payable Team Leader 35-40k 38-45k 40k + 30-35k 35-40k 40k + Accounts Payable Manager 40-45k 45-55k 55k + 40-45k 45-48k 48k + Credit Control 22-30k 30-35k 35k + 25-28k 28-30k 30k + Credit Control/AR Team Leader 30-40k 40-45k 45k + 32-35k 35-38k 38k + Credit Manager/AR Manager 45-50k 50-60k 60k + 40-45k 45-50k 50k + Payroll Administrator 25-30k 30-35k 35k + 23-27k 27-30k 30k + Payroll Manager 38-40k 40-45k 45k + 32-35k 35-40k 40k + Part Qualified/Assistant GL Accountant 28-35k 33-40k 40k + 25-30k 30-35k 35k + Finalist 35-42k 42-45k 45k + 35-40k 40-45k 45k + Financial/GL/R2R Accountant 45-50k 50-60k 60k + 38-42k 42-50k 50k + Treasury Accountant 48-52k 50-55k 55k + 40-45k 45-50k 50k + Treasury Manager 55-60k 60-70k 70k + 50-55k 55-60k 65k + Revenue Accountant 40-50k 45-55k 55k + 35-40k 40-45k 45k + Revenue Manager 65-70k 70-75k 75k + 55-60k 60-65k 65k + Regulatory Accountant 48-52k 50-60k 60k + 40-45k 45-50k 50k + Regulatory Manager 65-70k 70-80k 80k + 55-60k 60-65k 65k + Statutory Accountant 48-52k 52-60k + 60k + 40-45k 45-50k 50k + Cost Accountant 45-50k 50-60k 60k + 35-40k 40-45k 45k + Management Accountant 45-52k 50-57k 60k + 35-40k 40-45k 45k + Fixed Assets Accountant 45-52k 50-57k 55k + 35-40k 40-45k 45k + Systems Accountant 52-57k 55-65k 65k + 40-45k 45-50k 50k + Process Improvement Senior (LEAN, SOX, Six Sigma etc.) Process Improvement Manager (LEAN, SOX, Six Sigma etc.) 65-70k 70-75k 75k + 55-60k 60-65k 65k + 85-100k 100-120k 120k + 75-80k 85-95k 100k + Financial Analyst 45-55k 55-65k 65k + 40-45k 45-50k 55k + FP&A Manager 60-70k 70-80k 80k + 55-60k 60-65k 65k + VAT Accountant 40-50k 50-60k 65k + 40-45k 45-50k 50k + VAT Manager 60-65k 65-75k 75k + 55-60k 60-65k 65k + Tax Accountant 45-55k 55-60k 60k + 40-45k 45-50k 50k + Tax Manager 65-75k 75-80k 80k + 60-65k 65-70k 70k +

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 6 Internal Auditor 45-55k 55-65k 65k + 40-45k 45-50k 50k + Internal Audit Manager 70-80k 80-90k 90k + 65-70k 70-75k 75k + Head of Audit & Compliance 85-95k 95-105k 105k + 70-75k 75-80k 80-85k Finance Manager 60-68k 68-75k 75k + 55-60k 60-65k 65k + Financial Controller 70-85k 85-95k 95k + 65-70k 70-75k 75k + Head of Finance/Financial Director 80-100k 100-115k 115k + 75-80k 85-95k 100k + CFO 100-130k 130-160k 160k + 85-100k 100-120k 120k + In Demand for 2016 Practice Hot Jobs Audit Senior Tax Senior Risk Consultant Financial Process Improvement Advisor Top Skills External Audit Skills (FS/Industry PLC) Internal Audit Skills (FS/Industry PLC) Domestic/International Tax Skills Leadership/Management Experience Salaries in 2016 Excluding the trainee level which is influenced by training contracts, we expect qualified accountants across the major practice functions to experience salary growth of around 5-7% in 2016. Senior level candidates may experience a bigger shift in market rates due to the limited supply of highly experienced practice accountants available. Salaries in practice rising in 2016 to retain skills. The accountancy practice market continued to expand in 2015, a trend that we see continuing. Whilst the Big 4 and Top 10 firms have been recruiting at noticeable levels for a number of years, 2015 saw a significant resurgence of small and medium accounting firms hiring again. There is no doubt that this will continue throughout 2016. During 2016 there will be a continued demand for experienced auditors, tax consultants and accounting advisors. This will not decrease due to the demands from the client base of the accounting firms. What will change however will be the salaries offered in practice as the firms battle to attract and retain talent. There is both a threat from rival firms and jobs in industry tempting the practice workforce away from the sector. Top Tip For 2016 In addition to detailing your academic achievements on your CV, we strongly recommend that you detail all client engagements with information on client turnover or specific client responsibilities that you undertook. This will help you sell yourself to potential employers and allow them to picture you working for them.

7 Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie ADVISORY Advisory Senior (Qualified) 50-55k 45-50k Advisory Manager 55-65k 50-60k Advisory Senior Manager 65-85k 60-80k Advisory Director 85-115k 80-110k EXTERNAL AUDIT Audit Semi Senior (Part Qualified) 22-35k 19-32k Audit Senior (Part Qualified/Qualified) 35-50k 30-47k Assistant Audit Manager 50-55k 50-55k Audit Manager 55-65k 50-65k Audit Senior Manager 65-80k 65-80k Audit Director 85-115k 80-105k TAXATION Tax Semi Senior (Part Qualified) 22-35k 19-32k Tax Senior (Part Qualified/Qualified) 35-50k 30-47k Tax Assistant Manager 50-55k 50-55k Tax Manager 55-65k 50-65k Tax Senior Manager 65-80k 65-80k Tax Director 85-115k 80-105k Get in touch with our team by emailing accountancy@sigmar.ie or call us on +353 1 4744600. Never miss an accountancy job Follow us @SigmarAccount

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 8 In Demand for 2016 Hot Jobs Hedge Fund Professionals Regulatory Professionals Compliance Professionals Risk Professionals Quantitative & Data Analytics Professionals Top Skills Quantitative Skills Securities Operations Experience Specialist Degree & Masters Project Management Certification Languages Going into 2016, it looks likely that the gloves will come off as financial services organisations will once again compete to attract, recruit and retain talent as an ongoing demand for highly skilled candidates simply outweighs supply. Top Tip For 2016 Salaries in 2016 Salaries are predicted to increase modestly across financial services in 2016. Companies have introduced innovative ways to attract and retain talent including offering part-time positions (even in funds), opening satellite offices and increasing benefit portfolios. In order to adapt to the increasingly changeable financial services landscape progressive candidates will need to invest in themselves through education to attain relevant certifications in order to broaden their career options. Whether that s going back to do a quantitative or IT focused masters, working towards PMP certification or other industry standard qualifications further education and certification will play a huge part in determining candidate employability success.

9 Thoughts on the Market 2016 We approached 2015 with huge optimism and the year did not disappoint as the banking and financial services industry as a whole in Ireland moved from a period of recovery to one of growth. It was the year in which the government launched the International Financial Services Strategy to create 10,000 new jobs in the sector by 2020 and now with over 200 Irish owned and a further 200 foreign multinational IFS companies across banking, funds, asset management, aircraft leasing, insurance and re-insurance based here in Ireland, the sector is now recognised as operating at the highest level on the global financial services stage. Confidence within the industry has grown significantly in the last year with a plethora of company expansions and even start-ups establishing operations here. Overall 2015 was a very positive year for financial services but will that change in 2016? The outlook is that the market supply of talent will continue tightening in 2016. The good news for candidates is that they will have multiple offers and counter offers to think over but it presents a huge challenge for businesses who want to hold on to and expand their teams further. In order to meet these challenges head on businesses will need to truly understand the motivations of talent for both recruitment and retention purposes. Looking into work life balance, career advancement and location for talent will be as or even more important than remuneration. There has been a significant increase in roles requiring candidates to work shift hours either early mornings or late evenings in order to accommodate various financial markets. This trend looks set to continue into 2016 and the challenge will be to educate the talent market on the value proposition of working non-traditional hours. Interim talent solutions such as offering contracts and temporary assignments will continue to be an effective way for organisations to fulfil many of their variable requirements as the market for permanent talent sets to tighten in 2016. Probably the biggest challenge ahead for 2016 onwards in financial services will be the one presented by the emergence of FinTech into the market place. Something significant has been happening at the intersection of finance and technology in the last year which quite literally could change the entire face of the financial services landscape. Going into 2016 there are already 30 Irish start-ups operating in various areas of FinTech and the expectation is that this will multiply. Silicon Valley is truly taking on Wall Street in what could prove to be an epic battle and the effects of this will no doubt be seen in the financial services industry in Ireland throughout 2016 and onwards. Attracting top graduates in 2016 to large financial services institutions as opposed to smaller global technology companies working in the financial services space may prove an interesting challenge for the industry. Retaining talent in financial services as opposed to losing them to FinTech may become an even greater headache. It will be interesting to see how financial services companies adapt to the inevitable impact of FinTech. On a final note while we all want to look to 2016 with optimism for the financial services market in Ireland, it is important to keep in mind that the impact of announcements in the latter half of 2015 of global job culls by some of the larger financial services institutions has yet to be seen on our shores. One thing for sure is that 2016 will be a very interesting year. Never miss a banking job Follow us @SigmarFinancial Get in touch with our team by emailing financial@sigmar.ie or call us on +353 1 4744600.

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 10 Fund Administration Salaries taken as annual in Euros, based on working in Ireland. Contract Rate is daily in euros, based on working in Ireland. Bonus/car allowance not included. Figures are based on current market rates. Salaries are subject to variances based on the individual, the company size and other external factors. Parameters indicate the highest and lowest salary level for each position. FUND ACCOUNTING Annual Salary ( ) Contract/Temp Daily Rate ( ) Fund Accountant 28-32k 110-140 Senior Fund Accountant 32-38k 120-165 Fund Accounting Supervisor 38-45k 150-195 Fund Accounting Manager 50-65k 190-285 Head of Fund Accounting 80-120k 300-520 Private equity and real estate fund accounting has seen a rapid increase in the last 12 months, with a number of fund administrators setting up private equity centres of excellence in Ireland. TRANSFER AGENCY Annual Salary ( ) Contract/Temp Daily Rate ( ) Fund Accountant 26-30k 100-130 Senior Transfer Agency Administrator 30k 115-130 Transfer Agency Supervisor 35-45k 135-195 Transfer Agency Manager 50-70k 190-305 Head of Transfer Agency 80-120k 300-520 INVESTOR ON-BOARDING Annual Salary ( ) Contract/Temp Daily Rate ( ) IOB Administrator 28-32k 110-140 IOB Senior Administrator 35-38k 135-165 IOB Supervisor 40-45k 155-195 IOB Assistant Manager 50-60k 190-260 IOB Manager 60-75k 230-325 Ireland is the world s number 1 location for alternative investment funds with over 3.2 trillion of assets under administration.

11 Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie TRUSTEE Annual Salary ( ) Contract/Temp Daily Rate ( ) Trustee Administrator 28-32k 110-140 Senior Trustee Administrator 32-40k 120-175 Trustee Supervisor 40-50k 155-220 Trustee Manager 60-80k 230-350 CUSTODY Annual Salary ( ) Contract/Temp Daily Rate ( ) Custody Administrator 24-30k 90-130 Senior Custody Administrator 30-38k 115-165 Custody Supervisor 40-55k 155-240 Custody Manager 55-75k 210-325 Head of Custody 65-90k 250-390 There has been an increasing demand for candidates within the securities industry to work shift hours to cover various worldwide markets and there are still large variances on how organisations remunerate employees for working shift patterns. Shift bonuses, less traffic on the commute, and little overtime demands are some of the other perks of working irregular shifts. PRICING Annual Salary ( ) Contract/Temp Daily Rate ( ) Pricing Administrator 28-35k 110-150 Pricing Senior Administrator 35-40k 135-175 Pricing Supervisor 40-45k 155-195 Pricing Assistant Manager 45-50k 170-220 Pricing Manager 50-65k 190-285 TRADE OPERATIONS/SETTLEMENTS Annual Salary ( ) Contract/Temp Daily Rate ( ) Settlements Administrator 25-30k 95-130 Settlements Senior Administrator 30-40k 115-175 Settlements Supervisor 40-45k 155-195 Settlements Assistant Manager 45-50k 170-220 Settlements Manager 50-60k 190-260

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 12 CORPORATE ACTIONS Annual Salary ( ) Contract/Temp Daily Rate ( ) CA Administrator 24-28k 90-120 CA Senior Administrator 32-40k 120-175 CA Supervisor 40-45k 155-195 CA Assistant Manager 45-55k 170-240 CA Manager 50-60k 190-260 Banking RETAIL BANKING Annual Salary ( ) Contract/Temp Daily Rate ( ) Customer Service Executive 28-35k 110-150 Financial Advisor 30-40k 115-175 Senior Financial Advisor 35-45k 135-195 Retail Banking Team Leader 30-40k 115-175 Branch Manager 40-60k 155-260 More than any other industry, banking is still experiencing the effects of the last 8 years. Many institutions are still working through redundancies and tidying up impaired loan books which have ongoing consequences for staff numbers. Although there is some hiring it is not yet in large numbers and roles are at middle and junior brackets rather than at senior level where opportunities are still scarce. LENDING OPERATIONS Annual Salary ( ) Contract/Temp Daily Rate ( ) Customer Service Executive 26-35k 100-150 Collections Officer 30-40k 115-175 Lending Arrears Specialist 35-45k 135-175 Lending Arrears Team Leader 50-60k 190-260 Credit Analyst (0-5 years exp.) 35-50k 135-220 Credit Analyst (5+ years exp.) 50-60k 190-260 Portfolio Manager (0-5 years exp.) 40-60k 155-260 Portfolio Manager (5+ years exp.) 50-80k 190-350 Restructuring Manager 50-70k 190-220 Operations Manager 70-110k 270-480

13 Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie There has been an increase in property management and private equity groups establishing a presence in Ireland, buying banking loan portfolios and offering permanent opportunities to property and lending professionals. COMPLIANCE & RISK Annual Salary ( ) Contract/Temp Daily Rate ( ) Fraud Risk Officer 40-50k 155-220 Fraud Risk Manager 60-80k 230-350 Operational Risk Executive 40-60k 155-260 Operational Risk Manager 60-80k 230-350 Quantitative Risk Analyst 50-60k 190-260 Quantitative Risk Manager 60-80k 230-350 Risk Officer 40-50k 155-220 Risk Manager 60-80k 230-350 Head of Risk 70-120k 270-520 AML Officer 30-40k 115-175 Compliance Officer 40-50k 155-220 Compliance Manager (3-5 years exp.) 50-65k 190-285 Compliance Manager (5-7 years exp.) 60-80k 230-350 Head of Compliance 100-120k 385-525 2016 will see continued high demand for skilled candidates with risk, quantitative skills and compliance/regulatory experience.

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 14 Treasury, Middle Office & Payments WEALTH MANAGEMENT/STOCKBROKING Annual Salary ( ) Contract/Temp Daily Rate ( ) Junior Stockbroker 30-45k 115-190 Stockbroker 50-80k 200-340 Client Service Executive 30-40k 115-175 Assistant Portfolio Manager 40-60k 155-260 Portfolio/Wealth Manager 50-80k 190-340 TREASURY/MIDDLE OFFICE Annual Salary ( ) Contract/Temp Daily Rate ( ) Settlements Administrator 28-35k 110-150 Payments Specialist 30-45k 115-195 Treasury Administrator 35-45k 135-195 Treasury Manager 50-80k 190-340 BACK OFFICE Annual Salary ( ) Contract/Temp Daily Rate ( ) Payments Specialist 28-32k 110-140 Senior Payments Specialist 30-35k 115-150 Payments Manager 40-60k 155-260 Reconciliations Administrator 30-35k 115-150 Senior Reconciliations Administrator 35-40k 135-175 Reconciliations Manager 40-50k 155-220 Settlements Administrator 30-40k 115-175 Senior Settlements Administrator 40-50k 155-220 Settlements Manager 50-60k 190-260 Cash Management Administrator 30-40k 115-175 Senior Cash Management 35-45k 135-195 Cash Management Manager 40-60k 155-260 Ireland has now over 25 payment companies based here and with further investment in FinTech this looks likely to be a very competitive market for talent in 2016.

15 Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie CLIENT SERVICES Annual Salary ( ) Contract/Temp Daily Rate ( ) Client Services Administrator 26-30k 100-130 Senior Client Services Administrator 30-35k 115-150 Client Services Supervisor 35-45k 135-195 Client Services Manager 45-60k 170-260 Head of Client Services 70-110k 270-480 There is an increasing language skill demand for client services positions within financial services as service offerings expand into different markets. 2015 saw an increase in demand for German, Spanish and Eastern European language capabilities with an expectation that this demand will remain high in 2016. RETAIL BANKING

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 16 In Demand for 2016 Hot Jobs Quantity Surveyor Project Manager M&E Design Engineer Structural Design Engineer Safety Professional Top Skills Design professionals with BIM Project management skills and relevant certification Mechanical, electrical building services and structural design skills Site professionals who are aware of recent changes in the building codes Salaries in 2016 Salaries for all construction positions should rise, although some at a moderate rate. Quantity surveyors and design engineers with 4-5 years experience are likely to see pronounced rises due to demand and supply at this level. Irish construction industry output to be 42% higher in 2016 than in 2012, according to the Society of Chartered Surveyors. Construction skills are once again in demand as the supply of quantity surveyors, project managers and senior engineers tightens. Top Tips For 2016 For junior engineers, excellent MS Excel, MS Project and Primavera skills are all seen as very relevant whether you are looking at project management, planning or quantity surveying. Also companies increasingly appreciate candidates who understand programmes, commercial aspects and how projects fit together in a practical way. For graduates or ex-tradespeople looking to become more involved in engineering/project management, pursue third level education to the highest level to give yourself more options (i.e. a level 8 engineering degree will give more options than an ordinary degree/diploma). Most contractors who are now hiring express a preference for degree level.

17 Thoughts on the Market 2016 At present, the construction market looks in an increasingly healthy state compared to the significant fall off in activity at the end of the last decade. There is an increased level of activity in both the commercial and residential building sectors, with both larger and medium sized companies benefiting. We are seeing both design and site professionals in demand and the increased level of jobs has also had a positive effect on opportunities for tradespeople such as carpenters and electricians. The upsurge in activity has meant that contracting and consulting companies are facing challenges however in attracting staff in certain areas, particularly intermediate (3-5 years experience) level engineers and surveyors, as many in this bracket relocated to the UK or further afield in countries such as Australia. Certainly more jobseekers who emigrated are starting to look at Ireland closely again, and Sigmar were able to successfully place several candidates relocating back to Ireland in 2015. However despite salary increases in Ireland, salary levels in the UK plus exchange rate differentials provide significant competition. Get in touch with our team by emailing technical@sigmar.ie or call us on +353 1 4744600. CONSTRUCTION SERVICES Architectural Technician 30k + 35-38k + 40-45k 25-30k 30-35k 35-40k Architect 30-35k + 45k + 50k + 30-33k 35-45k 45k + Design Engineer - Consultancy 30-35k 35-45k 45k + 30-32k 35-40k + 45k + Planning Consultant 30-35k 40-50k 50k + 30-33k 38-45k 45k + HEALTH & SAFETY Health & Safety Officer 28-32k 35-45k 45-50k 25-30k 35-40k 40-45k Health & Safety Manager - 45-55k 55k + - 45k + 50k + Never miss a construction job Follow us @SigmarTechnical

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 18 PROPERTY SERVICES Building Services Engineer 30-35k 40-45k 50k + 32k 40k 50k + Facilities Engineer 30-38k 40-50k 50-55k 35k 45k 50k + Facilities Manager (Hard & Soft Services) 40k + 50k+ 55-65k 35-40k 40-45k 50-55k SITE BASED ROLES Site Engineer 28-32k 35-45k 45-55k 25-30k 35-40k 45k + Site Manager 40k 45-50k 55k + 35k 40-45k 45-50k Quantity Surveyor 36-40k 45-50k 55-65k 35k + 35-45k 50-55k Project Manager 50k 55-60k 65k + 45k 45-50k 50-55k Contracts Manager - 60-65k 70k + - 55-60k 60k + All salaries taken as annual in Euros, based on working in Ireland. Bonus/car allowance not included. Figures are based on current market rates. Salaries are subject to variances based on the individual, the company size and other external factors. Parameters indicate the highest and lowest salary level for each position.

19 Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie In Demand for 2016 Hot Jobs Engineering/Maintenance Manager Automation Engineer Shift Production Manager Maintenance Technician (multi-skilled) Lean Six Sigma Engineer Top Skills Automation Engineering Electrical Design Electrical Engineering Powder Production Experience Mechanical Design Engineering Off the back of an encouraging 2015 where a number of companies set expansion plans in place, the outlook for 2016 is very positive and will certainly continue and possibly out-strip 2015 for demand for talent. Degree qualified professionals are more in demand with particular focus on process engineering, production engineering and automation engineering. Salaries in 2016 Top Tip For 2016 Overall salaries have stayed on par with last year. We would expect this to continue with two exceptions: automation engineers and process engineers which have each risen around 10% across all experience levels. Lean and Six Sigma (LSS) are in vogue and have become the cornerstone of good manufacturing processes in pharmaceutical, medical device and automotive companies. Indigenous Irish manufacturing embraced LSS over the past three years but the available talent in this area is limited, therefore gaining Lean and Six Sigma green or black belt qualification gives candidates an strong edge when applying for jobs.

20 Thoughts on the Market 2016 Indigenous manufacturing has been slower to catch the growth bug than pharmaceutical or medical device companies, however 2015 saw change with traditional manufacturing engaging in or planning for long term growth. Many companies who downsized between 2008-2013 are now seeing increased new roles in production, maintenance, operations, quality and R&D. In food manufacturing for agri-business the beef trade agreement with the USA and the abolition of milk quotas have facilitated, and will continue to facilitate, growth in the sector. According to the Food & Drinks Industry (FDI) website this food category is responsible, directly and indirectly, for 230,000 jobs and 26bn in turnover. This level of activity has increased competition and companies are responding by growing their science functions to understand how better to maximise the benefits of their ingredient to the final product. The outcomes of this research and development should lead to greater production and in turn new capital projects needing new employees in 2016. Heavier engineering companies are receiving new orders for bespoke parts. Renewable engineering companies, in particular, are looking at ways to improve their equipment for efficiency reasons and use specialists (Irish bespoke engineering companies) to help with such changes. This has led to a pick-up of over 200% in R&D and mechanical design engineers. Integrating said products with automated solutions is driving the demand for skilled SCADA and PLC design engineers and the market is still struggling to marry demand with supply but good inroads are being made. Overall the evidence of the improving market of 2015 indicates a strong demand for talent in 2016 across all engineering disciplines. Get in touch with our team by emailing technical@sigmar.ie or call us on +353 1 4744600. In the non-agri food sector in 2015 the focus was on lean transformation and continuous improvement projects to allow for greater yield across the business. Where companies are continuing these processes, results are very positive. Companies from bakery and food services are growing off the back of these changes with a few new builds for expansion being announced in 2016. All salaries taken as annual in Euros, based on working in Ireland. Bonus/car allowance not included. Figures are based on current market rates. Salaries are subject to variances based on the individual, the company size and other external factors. Parameters indicate the highest and lowest salary level for each position. Never miss an engineering job Follow us @SigmarTechnical

21 Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie Automation Engineer 40-45k 45-55k 55k + 35-45k 45-55k 55k + CAD Technician 28-33k 35-40k 40k + 25-32k 35-38k 38k + Chemical Engineer 32-40k 40-55k 55k + 30-40k 40-55k 55k + CNC Operator 27-30k 30k + 30-35k 27-30k 30k + 27-30k CNC Programmer 28-34k 35k + 40k + 28-34k 35k + 40k + EHS Officer 25-30k 30k-40k 40k + 25-30k 30k-40k 40k + EHS Manager 45-50k 50-55k 55-70k 45-50k 50-55k 55-65k Electronic Engineer 35-40k 40-45k 45k + 35-40k 40-45k 45k + Engineering Supervisor 30-35k 35-50k 50k + 30-35k 35-50k 50k + Engineering Manager 48-55k 55-65k 65k + 45-55k 55-60k 60k Food Technologist 25-30k 30-35k 35-40k 25-30k 30-35k 35-40k Lean Engineer 30-38k 38-55k 65k + 28-33k 35-55k 60k + Maintenance Technician 30-35k 35-42k 42k + 30-35k 35-40k 40k + Maintenance Engineer 35-45k 45-50k 50k + 30-40k 40-50k 50k + Maintenance Manager 50-55k 55-65k 70k + 50-55k 55-65k 65k + Manufacturing Engineer 30-35k 35-45k 45k + 25-35k 35-45k 45k + Manufacturing Supervisor 32-38k 38-42k 42k + 30-35k 35-42k 42k Manufacturing Manager 40-45k 45-55k 55-70k 35-45k 45-50k 50k + Mechanical Design Engineer 30-35k 35-50k 45k + 25-35k 35-45k 45k + Mechanical Engineer 30-35k 35-50k 42k + 25-35k 35-45k 45k + NPD Technologist 25-30k 30-35k 35-40k 25-30k 30-35k 35-40k NPD Manager 50-55k 55-60k 60k + 50-55k 55-60k 60k + Operations Manager 40-50k 50-65k 70k + 35-45k 45-65k 65k + Process Engineer 35-40k 40-55k 55k + 30-40k 40-50k 50k + Production Manager 50-55k 55-65k 65k + 50-55k 55-65k 65k + Production Shift Manager 35-40k 40-45k 45-55k 35-40k 40-45k 45-55k Quality Engineer 28-35k 35-42k 42k + 25-35k 35-40k 40k + Quality Supervisor 30-35k 35-40k 40k + 30-35k 35-40k 40k + Quality Manager 40-45k 45-55k 55k + 40-45k 45-50k 50k + Service Engineer 25-28k 28-40k 40k + 25-28k 28-40k 40k + Six Sigma Engineer 35-45k 45-60k 60k + 35-45k 45-55k 55k Six Sigma Black Belt 60-70k 70-80k 80k + 50-60k 60-70k 75k + Technical Services Manager 38-48k 48-60k 60k + 35-45k 45-55k 55k + Validation Engineer 30-40k 40-55k 55k + 30-40k 40-50k 50k +

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 22 In Demand for 2016 Hot Jobs Talent Acquisition Specialist (particularly in the technology sector) HR Business Partner Compensation & Benefits Manager Employee Relations Officer HRIS Specialist Top Skills Recruitment (high volume, graduate, sales, technology recruitment and recruitment co-ordination) Employee Relations (including knowledge of different European regions) Learning & Development (including training co-ordination and programme management) Generalist Experience (with exposure to international teams in a multinational setting) 2015 has been an exciting year for HR with movement at its highest level since 2009. In the past year we have seen an increase in demand for talent acquisition roles and HRIS analytical roles indicating two big trends growth and retention. Sigmar s HR placements have almost doubled in the last year, a trend which is set to continue throughout 2016 with an increasing demand for HR contractors and temps. HR Systems - HR Core, SAP, Workday etc. Salaries in 2016 Top Tip For 2016 There has not been any dramatic changes to the salaries being offered. Typically for HR roles the technology companies pay the highest salaries with candidates with 1 years + experience able to demand 35k upwards. Gaining multi-industry or multi-regional experience will mean that you have more marketable experience when you do look for a move or promotion.

23 Thoughts on the Market 2016 2015 has been an exciting year for HR with movement at its highest level since 2009. In the past year we have seen increase in demand for talent acquisition roles and HRIS analytical roles indicating two big trends growth and retention. We have experienced significant growth in the area of HRIS or HR analytics with more organisations realising the true value of deciphering their own information to assist with insight driven decision making. Candidates in these areas are highly sought after and it is the area where we have seen the largest increase in salary levels, up to 20% in some cases. This is set to continue throughout 2016. Sigmar has seen record numbers of new start-up FDI firms coming to Ireland with requirements for senior HR staff. The most sought after background for these companies is candidates working within global environments with large matrix reporting structures, talent development, employee engagement and talent acquisition. With today s workforce being more agile than ever, companies starting up in the market need experienced HR staff to attract talent and keep it. Training and development has also seen healthy activity with roles developing from traditional instructor-based training to more blended e-learning solutions with increased accreditation of internal courses by external bodies. Primary growth sectors for HR are within financial services, manufacturing, retail and technology. Demand for specialist HR roles have seen the largest increase with HR business partner and HR management roles remaining largely consistent. We have seen some rise in HR director level roles with typical processes taking up to 6 months from start to finish. HR in the regions has seen some growth but not on the same scale as the Dublin region. HR professionals with experience in MNCs and working with very diverse/multi-cultural workforces are the most sought after. The regions are also experiencing a demand for contract recruitment roles. Typically for HR roles the technology companies pay the highest salaries with candidates with more than 1 years experience able to demand 35,000 upwards. However securing a job within one of these prestigious companies is no easy feat with candidates expected to go through extensive rounds of interview. The graduate space is very competitive and as a candidate it can be very hard to break into without completing some sort of internship or gaining work experience first. Candidates with a HR degree and less than 2 years experience might expect anywhere between 20,000 and 28,000 depending on where they are in the country. Senior level salaries are starting to recover having taken a hit in recent years. For management level roles we have seen salaries rise by 10,000 20,000 over the last year. Most importantly candidates are gaining in confidence and are more likely to demand a higher salary for a new role then accept whatever is on offer. At senior manager/director level there are certainly more vacancies then last year but the market is candidate rich so the companies have their pick of candidates for these roles. Typically the more senior the role the less urgency the company have with these processes, which are regularly being drawn out over a number of months. 2016 is set to be a great year for the HR manager. Salaries are on the increase again along with benefit packages. Flexible working arrangements are becoming more common as people are living further away or returning from maternity leave. Get in touch with our team by emailing hr@sigmar.ie or call us on +353 1 4744600.

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 24 GENERAL ROLES HR Graduate 24-28k - - 20-25k - - HR Administrator 24-26k 28-35k 35k + 20-28k 27-35k 35k + HR Generalist 32-38k 40-45k 45k + 30-38k 38-45k 45k + HR Officer 35-40k 45-55k 55k + 25-33k 33-40k 40k + HR Business Partner 45-55k 55-70k 70k + 40-45k 45-70k 70k + HR Manager 60-65k 70-80k 80k + 38-45k 43-50k 50k + Senior HR Manager 70-80k 90-100k 100k + 50-60k 60-75k 75k + HR Director 80-100k 110-125k 125k + 55-75k 70-80k 75k + Executive HR Director 100-120k 130-150k 150k + 70-90k 90-120k 120k + Training Officer 25-30k 32-35k 35k + 22-28k 28-38k 38k + Training Manager 50-55k 60-70k 70k + 36-45k 45-55k 55k + SPECIALIST ROLES Comp & Bens Administrator 25-30k 40-45k 45k + 23-28k 28-45k 45k + Comp & Bens Manager 65-70k 80-90k 90k + 35-43k 43-50k 50k + Comp & Bens Global Manager 85-100k 100-120k 120k + 70-80k 80-90k 90k + Employee Relations Officer 40-45k 50-55k 55k + 35-40k 40-50k 50k + ERO/IRO Manager 60-70k 70-80k 80k + 45-55k 55-65k 65k + HR Project Manager 60-70k 75-90k 90k + 50-60k 65-80k 80k + HRIS Specialist 35-40k 45-55k 55k + 30-35k 40-50k 50k + Industrial Relations Officer 35-45k 50-60k 60k + 30-40k 40-50k 50k + Learning & Development Manager 60-65k 70-75k 75k + 50-55k 60-65k 70k + Learning & Development Director 80-85k 90-100k 100k + 70-80k 80-90k 90k + Organisational Development Manager 50-60k 70-80k 80k + 40-50k 60-70k 70k + Talent Acquisition Specialist 32-40k 50-65k 65k + 28-35k 35-45k 45k + Talent Acquisition Manager 65-70k 75-80k 80k + 50-60k 60-70k 70k + All salaries taken as annual in Euros, based on working in Ireland. Bonus/car allowance not included. Figures are based on current market rates. Salaries are subject to variances based on the individual, the company size and other external factors. Parameters indicate the highest and lowest salary level for each position. Never miss a HR job Follow us @SigmarProfServ

25 Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie In Demand for 2016 Hot Jobs Data/Quantitative Analyst Pension Administrator Claims Handler Medical Underwriters Commercial Account Execs Top Skills SQL/VBA/Excel/Risk Modelling Defined Benefit/Defined Contributions Technical Claims Critical Illness/Medical Underwriting Strong Commercial Broker Experience We are seeing continued, steady improvements in the Irish insurance market. A more stable economic platform has provided brokers, insurers, SMEs and larger organisations the opportunity to consolidate and grow their business for the first time in a number of years. Top Tip For 2016 Salaries in 2016 In order to attract top talent in the market, businesses have offered between a 4% and 8% increase on basic salaries along with very competitive bonus and benefits packages. The demand for relevant professional accreditations has remained high due to the increase in regulation within the industry. For customer-facing roles the APA is a minimum requirement with many employers favouring candidates with the CIP. More advanced qualifications such as the DLDU in the life assurance space and ACII in general insurance are becoming core requirements for more senior level positions. We envisage this trend continuing into 2016.

. 26 Thoughts on the Market 2016 Pension Admin - Within the life assurance market there has been a significant increase in demand for pension administrators and consultants, particularly with the larger brokers in the market. Specifically pension administrators with end-to-end experience in either DB or DC schemes are being highly sought after. With the phase-out of many defined benefit schemes, there has been higher demand for individuals specific to this. Underwriting - Medical underwriters, especially with ACII and DLDU qualifications, have been in high demand with leading players in the market. There has been flexibility in terms of roles offered on a part-time basis in order to attract talent. Business Admin - There has been steady demand for high quality administrators to deal with new and existing business. Many of these roles have been offered on a contract basis with the view of permanency upon completion. Claims - We are now seeing a closer shift towards the equilibrium of the supply and demand of claims professionals. Some of the larger insurance firms are growing their claims teams with a marked requirement for technical claims specialists. Actuaries - As always both qualified and part-qualified actuary candidates are in high demand. Apart from the general and life assurance businesses we have seen strong demand for qualified actuaries with consultancy organisations who are continuing to build their actuarial service offering. This is a trend we expect to continue throughout 2016. Underwriting - Demand for underwriters across commercial and personal lines has remained steady. Brokers - There has been an increased demand for strong broker development candidates, keeping in line with the resurgence of the broker market. Individuals with strong account management and sales experience have seen a steady increase in opportunities available. With many brokers growing their head counts for the first time in a number of years, they are looking for candidates who can spot opportunity and help develop business. Individuals with a proven track record of this have been found to command higher salaries. Heaviest demand has been placed on commercial account execs from both international and SME brokers. Reinsurance - The majority of positions that are arising within reinsurance are either on the quantitative side or account management. We have also seen an increase in mid-level underwriting positions. Get in touch with our team by emailing insurance@sigmar.ie or call us on +353 1 4744600. Data Analytics - Data analytics and data management has become a significant feature for insurance businesses in 2015. The insights which can be gained and business decisions made from having mechanisms to extract data, can no longer be overlooked. There has been a significant increase in demand for individuals with mathematical/computer science backgrounds capable of extracting data, working with it and putting it into report form for management review. We see this as a major growth area for 2016.

27 Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie LIFE ASSURANCE Claims Officer 25-39k 21-35k Claims Manager 65-80k 55-75k Sales Agent 25-35k 20-30k Pensions Administrator 30-45k 25-33k Pensions Manager 50-65k 40-55k Broker Consultant 23-45k 30-40k Underwriter (1-5 years) 25-50k 21-35k Senior Underwriter (5-10 years) 50-80k 40-55k Head of Underwriting 90-120k 100k GENERAL INSURANCE Loss Adjuster (1-7 years) 25-50k 20-45k Claims Handler 25-35k 28-35k Technical Claims Specialist 40-65k 40-55k Claims Manager 65-80k 55-70k Head of Claims 80-120k 70-80k Underwriter (1-5 years) 25-45k 21-38k Underwriter (5-10 years) 45-85k 38-60k Head of Underwriting 90-120k 100k Product Executive 35-50k 25-40k Product Manager 55-100k 65-80k Broker Development 45-60k 30-45k BROKER DEVELOPMENT Sales Agent 20-30k 18-27k Administrator 25-35k 20-28k Team Leader 35-45k 30-38k Manager 40-55k 38-50k Commercial Account Executive (1-5 years) 35-60k 30-60k Senior Account Executive 60-100k 50-80k Salaries taken as annual in Euros, based on working in Ireland. Bonus/car allowance not included. Figures are based on current market rates. Salaries are subject to variances based on the individual, the company size and other external factors. Parameters indicate the highest and lowest salary level for each position.

Sigmar Recruitment Salary Guide Ireland 2016 www.sigmar.ie 28 CAPTIVE INSURANCE REINSURANCE Captive Account Executive 30-50k 25-45k Captive Account Manager 60-90k 45-80k Captive Underwriter 35-50k 30-60k Reinsurance Claims Agent 35-65k 30-55k Reinsurance Claims Manager 70-120k 55-90k Reinsurance Underwriter 60-120k 55-90k ACTUARIAL Trainee Actuary 30-35k 27-32k Part Qualified Actuary 35-45k 32-42k Qualified Actuary 60-110k 55-110k Chief Actuary 165-300k 140-280k DATA ANALYTICS Junior (1-3 years) 30-45k 27-40k Senior (3+ years) 50-80k 35-65k Data Manager 80-110k 65-95k COMPLIANCE Risk Analyst (1-4 years) 28-38k 25-33k Risk Officer (5-8 years) 38-65k 30-60k Risk Manager 75-90k 60-80k Compliance Specialist (1-5 years) 25-55k 22-35k Compliance Manager (5+ years) 55-90k 45-80k Never miss an insurance job Follow us @SigmarFinancial