Download - Salary Guide Ireland 2021 (PDF) Executive Summary From Adie McGennis, CEO We thought we had seen it all! If someone said in January; that most of us would fundamentally change the way we work (possibly forever), that some markets would be down over 80%, that we’d all feel awkward when not wearing a mask, that we couldn’t meet any clients or candidates for most of the year, that international travel would be nearly impossible, and that in Ireland record levels of employment would turn to record levels of unemployment in a few weeks; you would probably expect a more volatile salary comparison guide at the end of 2020. Indeed, the personal and health toll for many puts business considerations in context, so we wish everyone well, good health and wellbeing. Obviously, some areas suffered more than others and many areas even thrived, but overall, the stability in professional salaries may be the remarkable aspect of 2020! Generally, in volatile times temporary and contract work increases and this was very much the case in 2020. Many companies had to deal with a rapidly changing landscape in terms of their market, remote work, government supports and varying degrees of lockdown. Progressive companies hired professionals on a temporary or contract basis, and even on a remote basis, so demand and rates did increase for contractors in areas such as IT. We see this continuing even as the rate of change is slowing and hopefully stabilising. For some years now, we have been talking about career plans being fluid and dynamic, and flexibility and contracting increasing. This definitely took a leap forward in 2020. Sector wise, life sciences, including pharmaceutical got increasingly busy throughout the year and from R&D to manufacturing to distribution, this looks set to continue growing for the next few years. Financial Services was more challenging, as their market and way of work changed so quickly. Certainly, towards the end of the year it seems to be stabilising. At the end of 2020 Brexit is again looming and Dublin’s and London’s financial services will experience change and opportunity as well as challenges, for at least the next few years. Construction really slowed in 2020, but again steadily picking up in last few months, as general demand returns but also the way construction sites work has evolved. As a group generally SMEs in Ireland handled the craziness really well. Agility, pivoting and bootstrapping seemed like management school concepts until out of necessity, many businesses changed their model, their cost base, their strategy, and their mentality very quickly to go from Survive to Thrive in a few months. So many inspirational stories. They deserve the opportunities that we hope an improving landscape will present. So, our outlook for Ireland in 2021 is positive. There will be more challenges in coming months, but we are optimistic that the general picture will improve. From a national perspective the short-term funding required will necessitate strong budget management in coming years to enable businesses to grow back. Ireland still carries a lot of debt and politically there may be pressure to increase public expenditure beyond sustainable rates. But as long as we get this right, we have every reason to be optimistic and put 2020 down to learning experience. Download Salary Guide Ireland 2021 (PDF) Salary Guide 2021 by department Accountancy & Finance Construction & Property Services Financial Services HR Insurance IT Legal & Compliance Life Sciences Manufacturing & Engineering Marketing Multilingual Office Support Sales Supply Chain
Are you a recent grad ready to take on the corporate world? Are you currently weighing up all the options in terms of what direction and career path to take? Then you should be seriously considering a career in sales. Software sales is one of the hottest industries to work in at the moment and Dublin (frequently referred to as the Silicon Valley of Europe) hosts a wide range of international tech companies who have set up shop here and are hiring for sales positions. Not only are these tech companies super cool places to work by their nature (casual dress code, on-site bars for post-work pints, treadmill desks, chill-out areas equipped with massage chairs, hammocks and beds… need I go on) but they also offer an unparalleled opportunity to kick-start a very lucrative career in sales. With many of these companies in their start-up phase here in Dublin, these tech companies tend to be very flat and transparent organisations and offer huge opportunity to develop business acumen and to progress within a sales career relatively quickly. Sounds great, but how do I know sales is for me? If you are a highly driven and competitive person that enjoys reaching and achieving goals, then sales offers you the means to let that streak shine through. Sales offers you the challenge you crave while being lucratively rewarding and offering a clear and defined career path that is completely in your own hands to achieve. So how do you get your foot in the door? Below is a brief overview of the things that are going to aid your application and help you stand out. Education: Almost all of these tech companies now look to university results as their first gauge on candidate applications, irrespective of experience and level of position. For an entry-level sales position you need to be coming out of college with a minimum of a 2.1 BA/BSc/MA/MSc degree or higher. Experience: For entry-level sales roles it is somewhat expected that your experience is going to be limited but you wouldn’t believe how relevant some of the experience you have is going to be! Any fundraising or charity work demonstrates core sales skills such as self-motivation and the ability to quickly build a rapport, as does working to targets in a retail environment or doing a part-time job in a call centre at the weekends for some extra cash. Be proud of your experience and where possible try to gain some sales focused experience or internships. Your willingness to work for free or work your way through college demonstrates not only your independence and eagerness to learn but also your tenacity and motivation – crucial skills needed to succeed in sales. Extra-curricular activities: Don’t knock how important your hobbies and interests are. Participating in team sports shows your ability to work as part of a team and also shows your competitive streak (again both key factors in signaling success in sales). If you have an interest in economics and current affairs it shows your ability to take on more numerical and high-level problems. Do you volunteer in your spare time? This demonstrates your more human side and your ability to engage and develop relationships with people.
The market trend in the sales industry at present, is that a lot of companies are hiring, which offers more opportunities to graduates. By far and away the industry with the most marked increase is the construction and technical sector. After a number of hard years for both clients and candidates, there is a tentative upsurge in this area. Numerous companies are now returning to the market, hiring additional staff. In the IT sector there has been very strong growth in inside sales functions with many businesses investing in graduates or junior sales people, so that they can grow them through the ranks. Domestic IT companies have returned to the market with field based sales roles becoming more common after years of cutbacks. Things are looking bright for the Irish FMCG Market for the rest of2017, particularly for many smaller companies and SMEs. The rise in popularity for diverse ranges of produce such as artisan food and craft beers has led to the creation of many more local operators within the industry. Demonstrated sales experience is key. In interviews candidates are being quizzed on their figures and achievements and an inability to demonstrate these clearly makes the difference between getting the role or not. There is a slight disparity across all industries in relation to what candidates are seeking and what is on offer from businesses. Companies want to hire people who can generate new business, whilst candidates are seeking more senior account manager type roles, having ridden out the recession years. This puts a strain on the market as business development roles get turned down in favour of more appealing account manager positions. Salaries in the ICT sector have seen the biggest increase as multinational companies with deep pockets have been driving entry level and experienced salaries up. This has put pressure on smaller companies who can’t compete at those levels. Irish companies need to realise, that they are now competing with multinational companies for talent, as graduates from all backgrounds work in Google, Twitter etc. If you as an employer want someone with 12 months sales experience – so does half the country so be prepared to compete for them. Another factor that is affecting salaries is living costs. A lot of people are struggling with living costs when working in sales roles, especially if commission or bonuses are not paid on a monthly basis. If as an employer you are offering a low base and an annual bonus, you run the risk of failing to attract quality staff or losing them to employers who reward their staff more frequently. Those looking for a career within sales need to get online and make sure your LinkedIn profile is current and relevant to what you want to do next. Every recruiter and company out there is going to look you up online and they want to see someone who is professional and connected regardless of the industry they are in.