Are wages that bad ?

Geuze · 06-03-2018 03:57PM

OSI wrote: »

Lol, if you're using Ammeon as a benchmark for wages you may as well be using McDonalds as the benchmark for fine cuisine. Good friends with a lad that worked there for 5+ years at which point he was earning 45k for a job that involved similar skill and responsibility as my own that paid twice that.

I didn't know this, thanks for the info.

draiochtanois · 06-03-2018 03:58PM

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draiochtanois · 06-03-2018 04:07PM

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irishguy · 06-03-2018 08:10PM

draiochtanois wrote: »

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They do pay well, but nowhere near that for grads in Ireland.

retalivity · 07-03-2018 10:46AM

Im in data analytics, they are crying out for people with experience, not grads. Any grads ive seen come thru that progress are the ones that grasp the business they are in and tailor it accordingly - marketing, crm, compliance, risk etc. lot come thru and fail effectively, end up becoming dw developers, testers etc.
That said, the ranges for someone with 3+ yrs exp vary wildly, mostly due to companies chancing their arm. Could be anything from 30-70k

Geuze · 01-07-2018 06:21PM

2017 data published this week

https://www.cso.ie/en/releasesandpublications/er/elca/earningsandlabourcostsannualdata2017/

Average earnings, both PT and FT workers:

2015 = 36,458
2016 = 36,920
2017 = 37,646

Average for full-time workers:

2015 = 45,059
2016 = 45,627
2017 = 46,402

Five year growth rates = 4.3-4.4%

Avatar MIA · 01-07-2018 08:05PM

Geuze wrote: »

2017 data published this week

https://www.cso.ie/en/releasesandpublications/er/elca/earningsandlabourcostsannualdata2017/

Average earnings, both PT and FT workers:

2015 = 36,458
2016 = 36,920
2017 = 37,646

Average for full-time workers:

2015 = 45,059
2016 = 45,627
2017 = 46,402

Five year growth rates = 4.3-4.4%

Mean would be more meaningful. Take two workers, one on 10k and the other on €240k. Their average is €125k. Exaggerated for effect.

Blacktie. · 01-07-2018 08:07PM

Avatar MIA wrote:

Mean would be more meaningful. Take two workers, one on 10k and the other on â‚¬240k. Their average is â‚¬125k. Exaggerated for effect.

Do we have the data for the mean?

Avatar MIA · 01-07-2018 08:09PM

Blacktie. wrote: »

Do we have the data for the mean?

Not sure, would be possible to get from Revenue, but not sure if they publish.

01-07-2018 09:08PM

Avatar MIA wrote: »

Mean would be more meaningful. Take two workers, one on 10k and the other on €240k. Their average is €125k. Exaggerated for effect.

Do you mean median? Because mean and average are the same thing.

Avatar MIA · 01-07-2018 09:40PM

Ryker Spoiled Fork wrote: »

Do you mean median? Because mean and average are the same thing.

Sorry, yes.

Geuze · 01-07-2018 09:58PM

Avatar MIA wrote: »

Mean would be more meaningful. Take two workers, one on 10k and the other on €240k. Their average is €125k. Exaggerated for effect.

You mean to say that the median would be better. Yes I agree.

Here are some median earnings data, from the Eurostat SES survey 2014:

http://ec.europa.eu/eurostat/web/labour-market/earnings/database

data series: earn_ses_annual

2014 figure = 41,829 median earnings for FT workers

That's in NACE codes B-S, except O: Industry, construction and services (except public administration, defense, compulsory social security)

Pauliedragon · 01-07-2018 10:15PM

Wages are all relative. How much does the cost of living compare to income or more accurate would be expected cost of living. One example would be my 2 neighbours. Both earn slightly above average wage no kids, pay average rent in Cork yet always complain about low wages. They both have brand new cars which puts them heavily in debt and both drive everywhere when they live less than 10 min walk to work, shops etc. If that's what they want to do no problem none of my business but they could save a fortune by not having a new car every year, walking to work saving petrol and cutting back on the 2 trips to Spain every year.

Wanderer2010 · 01-07-2018 10:19PM

Im on 52k a year excluding overtime and bonuses. Low stress job (engineering admin) and bonus is usually once a year and could be an extra 2k net. Standard 39 hr week. Is this normal/bad/good? I have no idea as its been a while since I researched the job market. I don't manage people or projects by the way.

Geuze · 15-11-2019 12:52PM

Great to see better data on this, published today by the CSO:

https://www.cso.ie/en/releasesandpublications/ep/p-eaads/earningsanalysisusingadministrativedatasources2018/

2018 data

mean annual earnings = 44k
median annual earnings = 36k

Note that this includes the effects of PT workers, so the median for FT workers is higher.

The data is published down to county level.

skinny90 · 15-11-2019 01:07PM

Wanderer2010 wrote: »

Im on 52k a year excluding overtime and bonuses. Low stress job (engineering admin) and bonus is usually once a year and could be an extra 2k net. Standard 39 hr week. Is this normal/bad/good? I have no idea as its been a while since I researched the job market. I don't manage people or projects by the way.

I would say its relatively good considering its low stress

steamsey · 15-11-2019 02:48PM

Geuze wrote: »

Chartered accountants in Leinster are on 109k average, including car and bonus.

Qual acc start at 40k+ in Dublin.

Well you're not wrong. Actual figures though are 60/65K for newly qualified ACA in Dublin.

tomwaits48 · 15-11-2019 03:46PM

ThumbTaxed wrote: »

I know at least 20 chartered accountants and none are even at 75% at that. Most at 45k to 55k, some at 60k. Rubbish stat

I know 5 who are on 100k+

q85dw7osi4lebg · 15-11-2019 03:47PM

tomwaits48 wrote: »

I know 5 who are on 100k+

So they say

tomwaits48 · 15-11-2019 03:53PM

Terrell Purring Cobbler wrote: »

So they say

well one is my wife so I hope to god she ain't lying to me :pac:

mlem123 · 15-11-2019 04:14PM

I'm just finishing my HDip in Data Analytics and it's depressing looking for jobs that are open to people with less coding experience.

Saw an ad a while back looking for a Graduate, who had a 1 year+ experience in a specific coding language (can't remember which), a masters degree and they were offering 26K!

They say they're begging people to upskill in these courses but the only people they seem to have benefited in my class are those who work in Data Analytics and they just need to cert to progress their career further.

Geuze · 15-11-2019 04:25PM

steamsey wrote: »

Well you're not wrong. Actual figures though are 60/65K for newly qualified ACA in Dublin.

Really.

So after a 3yr B.Comm, and 3.5 years training on the job, and having passed all the prof exams, and so becoming a qualified accountant at age 25 approx, the starting earnings in Dublin are 60-65k?

I heard about 45-48k?

gline · 15-11-2019 06:35PM

mlem123 wrote: »

I'm just finishing my HDip in Data Analytics and it's depressing looking for jobs that are open to people with less coding experience.

Saw an ad a while back looking for a Graduate, who had a 1 year+ experience in a specific coding language (can't remember which), a masters degree and they were offering 26K!

They say they're begging people to upskill in these courses but the only people they seem to have benefited in my class are those who work in Data Analytics and they just need to cert to progress their career further.

Thas true,it's always tough to get the 1st job/grad role, but once your in analytics the salary increases a lot with only a little more quallification/experience. A lot are finding this out on the HDip I'm doing now too.

ThumbTaxed · 15-11-2019 07:16PM

Geuze wrote: »

Really.

So after a 3yr B.Comm, and 3.5 years training on the job, and having passed all the prof exams, and so becoming a qualified accountant at age 25 approx, the starting earnings in Dublin are 60-65k?

I heard about 45-48k?

50k max.

No way are you getting 65k when at that age most people know feck all.

ThumbTaxed · 15-11-2019 07:18PM

tomwaits48 wrote: »

I know 5 who are on 100k+

Okay so 5 people then. That makes the average 100k.

Sure.

c.p.w.g.w · 15-11-2019 07:24PM

Well I was in a job that paid €27,750 for 37 hours a week...

Until the company withdrew an allowance which brought my pay down to €24,250...This company are just about to announce profits of €87 million...So I just left...My job was advertised for a salary of €22,500...Money hungry scum

Looks like i'm in the running for 4 jobs as it stands, all jobs pay minimum 30,000 and have additional benefits like pension & medical which weren't available in my previous employer...

Rikand · 15-11-2019 08:24PM

mlem123 wrote: »

I'm just finishing my HDip in Data Analytics and it's depressing looking for jobs that are open to people with less coding experience.

Saw an ad a while back looking for a Graduate, who had a 1 year+ experience in a specific coding language (can't remember which), a masters degree and they were offering 26K!

They say they're begging people to upskill in these courses but the only people they seem to have benefited in my class are those who work in Data Analytics and they just need to cert to progress their career further.

Once you get in, take the job at any money. In 2 years time you'll be able to command 3 times whatever you are on now no problem

Stheno · 15-11-2019 08:26PM

Rikand wrote: »

Once you get in, take the job at any money. In 2 years time you'll be able to command 3 times whatever you are on now no problem

Exactly

high_king · 16-11-2019 03:14AM

mlem123 wrote: »

I'm just finishing my HDip in Data Analytics and it's depressing looking for jobs that are open to people with less coding experience.

Saw an ad a while back looking for a Graduate, who had a 1 year+ experience in a specific coding language (can't remember which), a masters degree and they were offering 26K!

They say they're begging people to upskill in these courses but the only people they seem to have benefited in my class are those who work in Data Analytics and they just need to cert to progress their career further.

They can get an experienced Indian dev in for 32k (min. they must pay them under Visa regs), so as long as you can stay under that, you'll be ok.

dartboardio · 16-11-2019 03:18AM

If €29,000 pa is the average that is extremely low and would suggest alot of unskilled workers..

I am 21 and taking a few years out after completing my leaving cert, heading to college and I work in an entry level call centre job, My yearly income is around €18,000

My mother is a quality surveyor in pharmaceuticals and would be on about €45,000. But other pharmaceutical companies are offering €55k - €60k for the job she is doing, she won't move simply for money. would imagine that is the average wage. (€45k)

€29k would be surely a relatively low average income..

When they say 'average' wage, who exactly are they talking about?

Anything under €30k pa being the average would be significantly low.

Are wages that bad ?

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