The Irish workforce is highly competitive with over 1000 leading multinational companies using Ireland as their European hub. This week we take a look at some of the best places to work in Ireland in 2019.
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The Irish economy continues to grow following the post-2008 economic recession, with unemployment at a near 10-year low of 4.5 per cent for June.
Best places to work in Ireland - how do we find out?
The best-paying jobs don't necessarily translate into the best place to work and many other factors contribute to workplace satisfaction.
The Great Place to Work Institute has developed an employee perspective model to find out just that. Their model is defined as one where "you trust the people you work for, you have pride in the work you do, and you enjoy the people you work with."
This covers the three primary relationships that each and every employee has in their workplace - your relationship with management (fostered through credibility, respect, & fairness), your sentiment to your job or role (manifested as pride), and how you feel about your colleagues (in the form of camaraderie).
"Now they’re realizing that the only way to actually deliver on this is if employees are passionate about their work."
Best places to work Ireland 2019 - large companies
- Workday: On‑demand (cloud-based) financial management and human capital management software vendor providing enterprise cloud applications for finance and human resources to the world's largest companies and public sector organizations.
- AbbVie Ireland: Global healthcare organization, delivering innovative pharmaceutical and medical products
- Salesforce: Leader in CRM, empowering companies to connect with their customers in a whole new way.
- Version 1: Delivers IT services and solutions to global brands to deliver customer success
- HubSpot: Developer and marketer of software products for inbound marketing, content management, and sales.
Top employment site Indeed.com also has its own top-rated workplaces based on employer ratings and reviews on its website.
Dell Technologies - Computers and Electronics: Dell is the world's leading suppliers of PCs
- Apple - Technology: Apple designs, develops, and sells consumer electronics, computer software, and online services
- Comfort Keepers - Home care: is a leading provider of trusted in-home senior care and companion care
- Next - Retail: is a British multinational clothing, footwear, and home products retailer
- Google - Technology: an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, search engine, cloud computing, software, and hardware.
Best place to work in Ireland for Women 2019
This year Great Place to Work Institue launched its Best Workplaces for Women category which recognizes those top organizations which, while providing a great work environment for everyone, create positive and supportive workplaces for women in particular.
The category was not ranked, instead, a list of 12 companies in no particular order were named:
- Abbvie Ireland - Biotechnology & Pharmaceuticals
- Hubspot - Information Technology / Software
- Keuhne + Nagel - Transportation / Transport & Storage
- McAfee Ireland - Information Technology / Software
- Morgan McKinley - Professional Services / Staffing and Recruitment
- Odeon-UCI Cinemas - Media / Television, Film, Video
- Regeneron - Biotechnology & Pharmaceutical
- SAP - Information Technology
- Tesco - Retail // Food and Grocery
- Version 1 - Information Technology / Software
- Woodies - Retail
- Workday - Information Technology / Software
What are the highest paying jobs in Ireland?
- Executive Level Finance Roles $170k (€150k) – $395k (€350k): Competitive benefits and salary packages are being offered to attract the best talent across the board within the finance industry. Top paying jobs include CFO and executive level jobs within funds and fund accounting, tax, transfer agency, compliance, and trustee.
- Insurance – Chief Actuary $191k (€170k) - $361 (€320k): A shortage of skilled actuary professionals in Ireland means salaries are likely to increase. Senior level actuary roles will naturally pay more, but junior level roles such as newly qualified actuary still pay handsomely.
- VP Procurement / CPO $214k (€190k) – $293k (€260k): In procurement, there has been a shift in demand from indirect procurement experience to direct procurement experience, particularly within pharma and food. Procurement specialists are in demand across the board, with the highest paying positions including VP procurement, procurement manager and procurement director.
- Science – Site Director / General Manager $203k (€180k) – $260k (€230k): The science industry in Ireland continues to grow. Candidates with over 3-5 years of experience are in great demand and are becoming more challenging to fill as candidates have more options.
- Head of legal (large/multinational) $135k (€120k) - $242k (€215k): Ireland’s legal market is strong, with a particularly busy compliance market and several new international firms setting up in Dublin as a result of Brexit. Salaries across the board have been increasing, with the top paying positions being head of legal for large multinational companies, salaried partner and senior legal counsel with over 6 years of experience.
What are the highest-paid job sectors in Ireland?
According to Irelands Central Statistics Office – the average annual earnings for full-time employees in Ireland in 2018 was $48,984 (€43,397).
(This figure is the mean average and excludes overtime and bonuses)
The Job Sectors with the highest average annual pay
(full-time workers only – excluding overtime and bonuses)
- Financial, insurance and real estate - $64, 340 (€57,068)
- Information and Communication - $63,734 (€56,465)
- Education –$60,173 (€53,310)
- Professional and Scientific roles - $56,287 (€49,867)
- Public Sector - $54,374 (€48,172)
Top 5 highest-paid industries for recent graduates in Ireland
- Accountancy & Financial Management – $39,419 (€35,048)
- Engineering – $34,334 (€30,527)
- IT & Tech – $33,924 (€30,162)
- Retail & Sales – $33,190 (€30,150)
- Law – $33,741 (€30,000)
Highest starting salary jobs for graduates in Ireland
Based on a survey from The average starting salary for graduate jobs in Ireland (2018) was $32,683 (€29,060), up from $32,102 (€28,544) in 2017.
Sixteen percent of graduate starting salaries were over $38,200 (€34,000).
Who are Ireland's top companies?
For the second year in a row, Apple is Ireland's largest company with sales of almost $135bn (€120bn).
The tech giant dominates the Irish Times Top 1000 Companies for 2019 list, with only two indigenous Irish companies in the Top 10.
It continues to dominate the listings due to the fact that it puts all its sales outside of the US through Ireland.
In the same tech sector, Google is second with its Irish operations growing by over 20% last year, from $29.35bn (€26bn) to $36.12 (€32bn).
In third is CRH - a business which manufactures and supply a wide range of products for the construction industry - on $30.48bn (€27bn).
Apart from CRH, the only other indigenous Irish company in the top ten is Development Capital Corporation (DCC) in eight place.
The rest is made up of global companies which moved their international headquarters to Ireland in recent years including Medtronic, Eaton Corp, Facebook, Microsoft, Allergan and Ingersoll Rand.
Overall, the top 1000 companies reported gross sales of $774bn (€686bn), up 10% on last year's survey
Top ten companies in Ireland 2019
- Apple - Technolgy
- Google - Technology
- Johnson Controls - Electronic
- CRH - Construction
- Medtronic plc - Pharma
- Microsoft - Techonology
- Eaton Corp - Manufacturing
- Facebook - Technology
- DCC - Energy
- Allergan Inc - Pharma
Who are the most productive workers in the world?
Irish workers are officially ranked the most productive in the world, adding an average of $99.50 (€87) to the value of the economy every hour they work, according to the Organisation for Economic Co-operation and Development (OECD).
The Republic’s rate was also significantly higher than its biggest trading partners, the United States ($72) and the UK ($61.10), and nearly twice the OECD average of $54.80.