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Tuesday 6 December 2016

Revealed: What are the highest paid jobs in Ireland in 2016?

Published 26/08/2016 | 02:30

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The average annual salary rose to just over €37,000 in the first three months of this year, before dipping slightly by the summer, figures show.

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Official data shows that the average weekly wage at the start of the year rose 1.5pc on the same period in 2015, to €713.41.

But it dipped fractionally in the three months to the end of June to €703.83, according to the Central Statistics Office.

There were wide variations across sectors.

The best paid sector to be in is Information and Communications, which includes IT companies, publishing houses and telecommunications.

It recorded an average weekly wage of €1,063.39, which means, in theory, these type of firms had an annual average salary of around €55,296.

In close second was the financial, insurance and real estate sector, which had average weekly pay of €1,014.66.

At the bottom of the pack were the accommodation and food services sector, and the arts, entertainment and recreation and other services sector, with average weekly earnings of €331.81 and €467.77 respectively.

Average weekly earnings in the private sector showed an increase of 1.5pc from €635.52 to €644.98 in the year to the end of June.

Average earnings are falling in the public sector, but at €905.97, they're still healthier than the private sector.

Average weekly earnings increased in nine of the 13 sectors in the economy up to the end of June.

The largest percentage increase was 5pc in the professional, scientific and technical activities sector, which includes legal and accounting businesses, management consultants, architectural and engineering firms, and advertising - where average weekly earnings rose from €800.41 to €840.39.

The construction sector saw a near 4pc hike in average wages to €734.49, while there was an increase of 2.5pc in the financial, insurance and real estate sector.

The public administration and defence sector experienced the largest percentage sectoral decrease, falling from €933.00 to €900.88, a drop of 3.4pc. The CSO said this was due to the recruitment of temporary Census field staff, who were on lower-than-average weekly earnings and weekly paid hours.

If you strip those workers out, the sector had average weekly earnings of €928.90, a fall of 0.4pc.

In the five years up to June, average weekly earnings rose by 2.1pc, from €689.32 in June 2011 to €708.83 five years later.

Across the public sector, average weekly earnings fell 1.2pc to €905.97, but if you exclude the temporary census staff, the fall is just 0.3pc.

Three of the seven public sector sub-sectors had annual increases in average weekly earnings, with gardaí recording the largest rise of 4.7pc from €1,245.30 to €1,304.11 in the year to June. That means, according to the CSO, the average annual garda pay in June was €67,813.

The CSO said the education sector recorded the highest average hourly earnings in the year of €37.89, while also showing the lowest hours worked of 23.9 hours.

The gardaí had the next highest earnings, with average hourly earnings of €30.52. But they worked the longest, at 42.7 hours.

Irish Independent

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