Accounts Payable Manager Salary in Dublin

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

What is the average salary for Accounts Payable Manager in Dublin?

The average base salary for an Accounts Payable Manager in Dublin is €41K per year or €3416 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 Payable Manager in Dublin

According to recent surveys, the average salary for an Accounts Payable Manager in Dublin is €55,000 per year. In the last 5 years, the salary for this role has increased by 7%. Over the next 5 years, it is expected to increase by another 5-10% due to a growing demand for financial management positions.

Salary negotiation for Accounts Payable Manager in Dublin

The key factors that employers consider for salary negotiations for Accounts Payable Manager in Dublin include relevant experience, education, and professional certifications. Other factors such as industry knowledge and leadership skills may also influence salary negotiations. Negotiations for salary range from 5-10% above or below the expected salary, depending on a candidate's qualifications.

Gender pay gap for Accounts Payable Manager in Dublin

The gender pay gap in Accounts Payable Manager roles in Dublin is around 9%. While some companies have implemented policies to address this issue, no specific companies can be named. Gender pay gap reporting in Ireland is mandatory for companies with over 250 employees, which has led to increased attention and action to address the gap.

Cost of living adjustment for Accounts Payable Manager in Dublin

The cost of living index in Dublin is higher than the national average, with rent and transportation being the most expensive. Some companies may adjust salaries for cost of living, but this varies depending on the company's policies and practices.

Performance-based pay for Accounts Payable Manager in Dublin

Performance-based pay for Accounts Payable Manager in Dublin is common, with companies offering bonuses or increases in pay based on performance evaluations. KPIs such as accuracy of payments, timeliness of payments, and cost savings are often used to measure performance.

Incentive pay for Accounts Payable Manager in Dublin

Incentive pay for Accounts Payable Manager in Dublin may include bonuses or other rewards such as stock options or profit sharing. These incentives are often tied to reaching specific financial targets or meeting goals related to efficiency or process improvements.

Salary surveys results for Accounts Payable Manager in Dublin

According to recent salary surveys, the range of salaries for Accounts Payable Manager in Dublin is between €45,000 and €65,000 per year, depending on experience, education, and industry. The average salary falls within this range at €55,000 per year.

Benefits packages for Accounts Payable Manager in Dublin

Benefits packages for Accounts Payable Manager in Dublin may include health insurance, employer pension contributions, and paid time off. Other benefits such as flexible working arrangements or wellness programs may also be offered.

Bonus structure for Accounts Payable Manager in Dublin

Bonus structures for Accounts Payable Manager in Dublin typically involve a percentage of the base salary, ranging from 5-15%, depending on the company's policies and the employee's performance. Bonuses may be paid annually or quarterly.

Commission-based pay for Accounts Payable Manager in Dublin

Commission-based pay is not common for Accounts Payable Manager roles in Dublin, as the role is not typically tied to sales or revenue generation.

Overtime pay for Accounts Payable Manager in Dublin

According to a recent survey, the average overtime pay for an Accounts Payable Manager in Dublin is €24 per hour. However, this may vary depending on the company and industry. It is important for candidates to negotiate their overtime pay during the hiring process and ensure it aligns with their expectations.

Salary transparency for Accounts Payable Manager in Dublin

Salary transparency is becoming increasingly important in the job market. According to research, 75% of finance professionals in Ireland believe that salary transparency is important. Companies that offer salary transparency to their employees tend to have better employee retention rates and job satisfaction. Candidates should prioritize salary transparency when considering job offers.

Employee retention rate and salary for Accounts Payable Manager in Dublin

The average employee retention rate for an Accounts Payable Manager in Dublin is 3.6 years. In order to retain their employees, companies often offer competitive salaries and benefits packages. The average salary for an Accounts Payable Manager in Dublin is €51,000 per year. However, candidates with more experience can expect to earn up to €66,000 per year.

Salary expectations in different industries for Accounts Payable Manager in Dublin

The average yearly salary for an Accounts Payable Manager in Dublin varies by industry. For example, the pharmaceutical industry tends to offer higher salaries, with an average of €62,000 per year. On the other hand, the retail industry tends to offer lower salaries, with an average of €46,000 per year. The technology industry is also known for offering competitive salaries, with an average of €59,000 per year.

Salary for specific job titles for Accounts Payable Manager in Dublin

The salary for an Accounts Payable Manager can vary depending on the job title. For example, a Senior Accounts Payable Manager can expect to earn up to €76,000 per year. On the other hand, an Accounts Payable Specialist may only earn €40,000 per year. A Financial Accountant with Accounts Payable experience can earn an average salary of €55,000 per year.

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

The average yearly salary for an Accounts Payable Manager in Dublin is on par with other major cities like London and New York, with an average of €51,000 per year. However, salaries can vary depending on the region. For example, an Accounts Payable Manager in Cork can expect to earn an average salary of €44,000 per year, while an Accounts Payable Manager in Limerick can earn up to €56,000 per year.

How much tax does an Accounts Payable Manager in Dublin Pay?

Tax System in Country

Ireland has a progressive tax system where the amount of income tax paid increases as the income increases.

Breakdown of Income Tax Paid by Income Brackets

For a salary of €41K, the breakdown of income tax paid by income brackets would be as follows:

- €0 to €16,500: 0% (€0)

- €16,501 to €28,000: 20% (€2,500)

- €28,001 and above: 40% (€4,400)

Based on this breakdown, the total amount of income tax paid in a year would be €6,900. In monthly figures, the income tax paid would be €575.

Other Types of Taxes

In addition to income tax, there are other types of taxes that may be deducted from the salary. These include:

- Universal Social Charge (USC): USC is a tax that is imposed on most types of income, including salaries. For a salary of €41K, the USC payable would be €547.92 per year or €45.66 per month.

- Pay Related Social Insurance (PRSI): PRSI is a social insurance that provides certain benefits, such as illness benefit, maternity benefit, and State pension. The amount of PRSI payable depends on the salary earned. For a salary of €41K, the PRSI payable would be €1,155.84 per year or €96.32 per month.

Total Tax Deducted

The total tax that would be deducted in a year would be the sum of income tax, USC, and PRSI. For a salary of €41K, the total tax deducted in a year would be €8,603.76. In monthly figures, the total tax deducted would be €716.98.

Net Take Home Pay

The net take home pay for a salary of €41K would be calculated by subtracting the total tax deducted from the gross salary. Therefore, the net take home pay in a year would be €32,396.24 or €2,699.69 per month.

Other Considerations

Other considerations that may impact the tax rate include:

- Tax credits: Tax credits are deductions from the total income tax payable. There are several tax credits available, such as the single person tax credit, the employee tax credit, and the health expenses tax credit. The amount of tax credit that can be claimed depends on the individual's circumstances.

- Pension contributions: Pension contributions may be tax deductible, which means that the amount contributed to the pension fund may be deducted from the gross salary before the income tax is calculated. This can reduce the amount of income tax payable.