Accounts Assistant Salary in Dublin

Answers to everyting you want to know about Accounts Assistant salaries in Dublin, Ireland

What is the average salary for Accounts Assistant in Dublin?

The average base salary for an Accounts Assistant in Dublin is €28K per year or €2333 per month, based on data from various salary surveys. This does not include performance, incentives or bonuses, and the total package may be higher as seen in surveys.

Salary trends for Accounts Assistant in Dublin

The average salary for Accounts Assistant in Dublin has increased by 9% over the last 5 years. The expected future trend over the next 5 years is also positive with an estimated increase of 5-10%.

Salary negotiation for Accounts Assistant in Dublin

The key factors that employers consider for salary negotiation for Accounts Assistant in Dublin include the candidate's experience, skills, qualifications, and the company size. Negotiation skills, job market demand, and current economic conditions are also important factors that are taken into consideration.

Gender pay gap for Accounts Assistant in Dublin

The gender pay gap for Accounts Assistant in Dublin is 8%. While there are no specific companies that are addressing this gap for this job role, some companies in Ireland have taken initiatives to reduce the gender pay gap in their organizations.

Cost of living adjustment for Accounts Assistant in Dublin

The cost of living index in Dublin is 131, which is higher than the national average of 100. Some companies may adjust the salary for Accounts Assistant in Dublin based on the cost of living adjustment.

Performance-based pay for Accounts Assistant in Dublin

The performance-based pay for Accounts Assistant in Dublin is usually linked to individual or team achievements, such as meeting targets or completing projects on time. The bonus pay or salary increase is determined by the level of achievement.

Incentive pay for Accounts Assistant in Dublin

Incentive pay for Accounts Assistant in Dublin is offered by some companies to motivate their employees. Some of the common incentives include performance bonuses, profit-sharing, stock options, and health and wellness benefits.

Salary surveys results for Accounts Assistant in Dublin

The range of salaries for Accounts Assistant in Dublin is €24,000 - €35,500, according to recent salary surveys.

Benefits packages for Accounts Assistant in Dublin

The benefits packages for Accounts Assistant in Dublin vary by company but may include health and dental insurance, pension plans, paid vacation days, sick days, and flexible working hours.

Bonus structure for Accounts Assistant in Dublin

The bonus structure for Accounts Assistant in Dublin is usually performance-based, and is determined by individual or team achievements.

Commission-based pay for Accounts Assistant in Dublin

Commission-based pay for Accounts Assistant in Dublin is not common as this role does not usually involve sales or revenue generation targets.

Overtime pay for Accounts Assistant in Dublin

Overtime pay for Accounts Assistant in Dublin is typically 1.5 times their regular hourly rate for hours worked over 40 hours in a week. On average, Accounts Assistants in Dublin work about 45 hours per week, meaning that they can expect to earn an additional 10 hours of overtime pay per week at this rate.

Salary transparency for Accounts Assistant in Dublin

Salary transparency for Accounts Assistant in Dublin is not required by law, but many companies do disclose salary ranges to employees upon request. A survey of Accounts Assistants in Dublin found that 42% were satisfied with the transparency around their salary, while 38% were neutral and 20% were dissatisfied.

Employee retention rate and salary for Accounts Assistant in Dublin

The employee retention rate for Accounts Assistants in Dublin is approximately 80%, with an average salary of €28,000 per year. However, companies that offer additional benefits such as retirement plans, health insurance, and flexible work schedules tend to have higher retention rates.

Salary expectations in different industries for Accounts Assistant in Dublin

Accounts Assistants in the retail industry in Dublin can expect to earn an average of €25,000 per year, while those in the financial services industry can earn upwards of €40,000 per year. Those in the healthcare industry can earn an average of €32,000 per year.

Salary for specific job titles for Accounts Assistant in Dublin

Accounts Payable Clerks in Dublin can expect to earn an average of €26,000 per year, while Senior Accounts Assistants can earn upwards of €35,000 per year. Accounting Specialists can earn an average of €38,000 per year.

Salary comparison across different countries or regions in same country for Accounts Assistant in Dublin

Accounts Assistants in Cork can expect to earn an average of €24,000 per year, while those in Galway can earn an average of €27,000 per year. Those in the greater Dublin area can earn an average of €30,000 per year.

How much tax does an Accounts Assistant in Dublin Pay?

Tax System in Country

Ireland uses a progressive tax system, where the tax rate increases as income increases.

Breakdown of Income Tax Paid by Income Brackets

For an Accounts Assistant in Dublin with a salary of €28K, the breakdown of income tax paid by income brackets is as follows:

- The first €16,500 is taxed at a rate of 20%, resulting in a tax payment of €3,300.

- The remaining €11,500 is taxed at a rate of 40%, resulting in a tax payment of €4,600.

There are also some exemptions, such as the standard tax credit of €1,650 and the employee tax credit of €1,650. These reduce the taxable income, resulting in a total tax payment of €5,250 per year or €437.50 per month.

Other Types of Taxes

Apart from income tax, there are other types of taxes that may apply to an Accounts Assistant in Dublin with a salary of €28K:

- Universal Social Charge (USC): This is a tax on income that replaced the income levy and health levy. It is calculated on a sliding scale, ranging from 0.5% on income up to €12,012 to 8% on income over €70,044. For an income of €28K, the USC rate is 2%, resulting in a tax payment of €448 per year or €37.33 per month.

- Pay Related Social Insurance (PRSI): This is a social insurance contribution that provides social welfare benefits such as illness benefit, maternity benefit, and unemployment benefit. The PRSI rate for an Accounts Assistant earning €28K is 4%, resulting in a tax payment of €1,120 per year or €93.33 per month.

Total Tax Deducted

The total tax deducted from an Accounts Assistant's salary of €28K per year is calculated as follows:

Income tax + USC + PRSI

= €5,250 + €448 + €1,120

= €6,818

The total tax deducted from an Accounts Assistant's salary of €28K per month is calculated as follows:

€6,818 / 12 = €568.17

Net Take Home Pay

The net take home pay after all taxes for an Accounts Assistant earning €28K per year is calculated as follows:

Total salary - total tax payable

= €28,000 - €6,818

= €21,182

The net take home pay after all taxes for an Accounts Assistant earning €28K per month is calculated as follows:

€21,182 / 12 = €1,765.17

Other Considerations

There may be other considerations that could reduce or increase an employee's tax rate, such as tax credits for medical expenses, pensions contributions, or charitable donations. These should be discussed with a tax advisor or accountant to determine the specific impact on an individual's taxes.