How much extra per annum should someone be paid in Dublin?

bloggsyjoe

When comparing salaries in Dublin with those outside Dublin, how much extra per year does someone need to live/work in Dublin?

I have heard someone mention 10k extra before. I have heard others mention a bit less.

Stheno

It would depend on the salary, salary surveys would show a percentage difference.

rainbowdrop

I work in Limerick earning approx €19500 a year. My colleagues in Dublin earn €27000 a year for doing the exact same job.......

davo10

Your thread title and first post are not quite the same thing, title says "should be" your post says "need to be". In the case of "should" I assume you are talking about certain public sector jobs (like London weighting) because if you are talking about the private sector, forget it. No private sector company would agree to having pay €10k extra per year just because it is based in Dublin, it would be a fantastic boost to the economies of counties outside the pale if such a pay requirement came in, many companies would move overnight.

"Need" is another matter entirely, higher rents/cost of living etc certainly means you have less in your pocket than someone in Clare doing the same job.

bloggsyjoe

Apologies, I should have been clearer. I meant if someone living/working in Clare earns X per year, if that person moved to Dublin to live/work how much would they need to be paid on top of X to maintain the same standard of living?

CIARAN_BOYLE

bloggsyjoe wrote: »

Apologies, I should have been clearer. I meant if someone living/working in Clare earns X per year, if that person moved to Dublin to live/work how much would they need to be paid on top of X to maintain the same standard of living?

25% I'd say

CatFromHue

The main difference between Dublin and elsewhere is rent. Pretty much everything else is similar enough.

If you're looking for a place yourself you're looking at around 12-15K a year on rent, I'd imagine down in Clare the rent would be around 5.5-7K or so.

ianobrien

I've gotten a few calls from recruiters looking for me to move to Dublin. I told them all that I need an extra €20k per year. When I told them renting in Dublin will cost an extra €10k to €12k over my current rent and that I would have to have an extra €20k per year gross to cover that alone. I live alone and will not share a flat with anybody.

To be fair, some of the recruiters said that they heard that from a few people. One did come back with an offer close but I told them I like my current job too much.

ezra_pound

davo10 wrote: »

Your thread title and first post are not quite the same thing, title says "should be" your post says "need to be". In the case of "should" I assume you are talking about certain public sector jobs (like London weighting) because if you are talking about the private sector, forget it. No private sector company would agree to having pay €10k extra per year just because it is based in Dublin, it would be a fantastic boost to the economies of counties outside the pale if such a pay requirement came in, many companies would move overnight.

"Need" is another matter entirely, higher rents/cost of living etc certainly means you have less in your pocket than someone in Clare doing the same job.

???

What public sector employers pay more because the role is in Dublin?

Stheno

ezra_pound wrote: »

???

What public sector employers pay more because the role is in Dublin?

None afaik

But to give an extreme example IT salaries in letterkenny in the private sector are far lower than Dublin equivalents

davo10

ezra_pound wrote: »

???

What public sector employers pay more because the role is in Dublin?

None, but if there was to be an entitlement to higher wages based on location, only public sector jobs could pay extra as opposed to private sector jobs which could not. If you were employed in some public sector jobs and lived in London, the UK government pays more to employees there than those that live outside London, it is called "London Weighting" and takes into account the higher cost to dwelling in London.

stefanovich

davo10 wrote: »

None, but if there was to be an entitlement to higher wages based on location, only public sector jobs could pay extra as opposed to private sector jobs which could not. If you were employed in some public sector jobs and lived in London, the UK government pays more to employees there than those that live outside London, it is called "London Weighting" and takes into account the higher cost to dwelling in London.

I've seen private sector jobs advertise London Weighting too.

I think the government forcing higher wages is wrong. If the pay does not sufficiently reward you for your time then don't take the job. I would think every employer is aware of the higher cost and would price the salary to attract who they want to attract.

dubrov

There's no need to bring in a weighting for the private sector as it is already happening naturally.

I always thought it should apply in the public sector. Two married teachers living in Westmeath would have a much better lifestyle than their equivalents living in Dublin.

ezra_pound

davo10 wrote: »

None, but if there was to be an entitlement to higher wages based on location, only public sector jobs could pay extra as opposed to private sector jobs which could not. If you were employed in some public sector jobs and lived in London, the UK government pays more to employees there than those that live outside London, it is called "London Weighting" and takes into account the higher cost to dwelling in London.

I'm sorry but salaries and wages in many private sector services and industries are much higher in Dublin than the country. Think IT, legal services, accountancy etc. Obviously this is a function of supply and demand.

The PS does not pay any premium for location.

davo10

ezra_pound wrote: »

I'm sorry but salaries and wages in many private sector services and industries are much higher in Dublin than the country. Think IT, legal services, accountancy etc. Obviously this is a function of supply and demand.

The PS does not pay any premium for location.

You are right and I know this, my reply was based on the op's assumption that employees "should" receive a higher wage because they live in Dublin, my point being that if this was an entitlement, companies would just locate outside Dublin to avoid paying a city premium on wages, only the PS would be capable of absorbing and paying this premium which we all know is not the case.

The higher wages for the sectors you mention are primarily because in Dublin they are located in a large city hub and for the most part they cater for larger numbers of clients which generate higher fees. I know in a digital age city location is not an essential for IT, accountancy, legal services etc but if that is where the big game is, then companies will want to be there.

I think the discussion is moot anyway as the OP has clarified the opening post, he/she did not mean to give the impression that employers are required to pay more.

Geniass

ianobrien wrote: »

I've gotten a few calls from recruiters looking for me to move to Dublin. I told them all that I need an extra €20k per year. When I told them renting in Dublin will cost an extra €10k to €12k over my current rent and that I would have to have an extra €20k per year gross to cover that alone. I live alone and will not share a flat with anybody.

To be fair, some of the recruiters said that they heard that from a few people. One did come back with an offer close but I told them I like my current job too much.

Your surely factoring in a salary increase as well (nothing wrong with that). There is no like for like job is going to pay a €20k premium for a Dublin role that would be €20k cheaper in the sticks.

bmwguy

I am a CIMA qualified accountant and they regularly do salary surveys on how much their members are earning. Pretty much everywhere outside Dublin the average salaries range from 82-86k per annum and Dublin it is 91k per annum, so Dublin has a premium of 10% or just under. This follows through for part qualified too, approx 40k outside Dublin to 45k in Dublin, so approx 10% again. However, accountants in bigger companies earn more on average than those in smaller companies, so maybe it can be explained by more big companies in Dublin, but I am not sure without looking further. Undeniably though, average salaries are higher in Dublin but I would prefer to earn 85k in the Midlands or west than 91k in Dublin. Not sure about other industries and professions though.

Rock of Gibraltar

Article from last year on what anti poverty campaigners believe is the minimum living wage required in Dublin and the rest of the country.
After tax €410 needed in Dublin, so approx €27k per year vs €348 in the rest of the country, approx €23k

http://www.independent.ie/irish-news/news/why-youll-need-to-earn-at-least-23k-a-year-to-have-a-living-wage-30406046.html

Someone mentioned the public service earlier, what strikes me is that as a new entrant to the civil service clerical officers would be below the living wage for Dublin, executive officers would just make the cut.

stefanovich

Rock of Gibraltar wrote: »

Article from last year on what anti poverty campaigners believe is the minimum living wage required in Dublin and the rest of the country.
After tax €410 needed in Dublin, so approx €27k per year vs €348 in the rest of the country, approx €23k

http://www.independent.ie/irish-news/news/why-youll-need-to-earn-at-least-23k-a-year-to-have-a-living-wage-30406046.html

Someone mentioned the public service earlier, what strikes me is that as a new entrant to the civil service clerical officers would be below the living wage for Dublin, executive officers would just make the cut.

Good luck surviving on 27K in Dublin.

ianobrien

Geniass wrote: »

Your surely factoring in a salary increase as well (nothing wrong with that). There is no like for like job is going to pay a €20k premium for a Dublin role that would be €20k cheaper in the sticks.

Nope, that's just to maintain my income after paying for living expenses (rent, electricity, gas, food etc).

I'm lucky in that the industry I work in is widely spread and most of the employers are not based in Dublin.

Tigger

stefanovich wrote: »

Good luck surviving on 27K in Dublin.

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