Assistant Buyer Salary in Dublin

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

What is the average salary for Assistant Buyer in Dublin?

The average base salary for an Assistant Buyer in Dublin is €33K per year or €2750 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 Assistant Buyer in Dublin

The average salary for an Assistant Buyer in Dublin has increased by 5% over the last 5 years. However, the expected future trend over the next 5 years is uncertain due to the current economic climate and potential Brexit impact.

Salary negotiation for Assistant Buyer in Dublin

Key factors that employers consider when negotiating salaries for Assistant Buyers in Dublin include the applicant's education and experience, market demand for the role, and the company's budget. Prior to negotiations, it is important for job seekers to research industry benchmarks and have a clear understanding of their own worth.

Gender pay gap for Assistant Buyer in Dublin

The gender pay gap for Assistant Buyers in Dublin is currently around 9%, with women earning on average 91 cents for every euro earned by men. While some companies are taking steps to address this gap, there are no specific companies to name.

Cost of living adjustment for Assistant Buyer in Dublin

The cost of living index in Dublin is currently 129.6, which is higher than the national average of 100. As a result, some companies may adjust salaries for Assistant Buyers to account for the higher cost of living.

Performance-based pay for Assistant Buyer in Dublin

Some companies may offer performance-based pay to Assistant Buyers in Dublin, based on individual and team performance against set targets. This can include bonuses, commissions, or salary increases.

Incentive pay for Assistant Buyer in Dublin

Incentive pay for Assistant Buyers in Dublin can come in the form of bonuses, commissions, or profit-sharing schemes. These incentives are typically based on individual or team performance against set targets.

Salary surveys results for Assistant Buyer in Dublin

According to recent salary surveys, the average salary range for an Assistant Buyer in Dublin is between €26,000 and €42,000 per annum. However, salaries can vary depending on experience, qualifications, and industry.

Benefits packages for Assistant Buyer in Dublin

Some companies may offer benefits packages for Assistant Buyers in Dublin, which can include healthcare, pension plans, and vacation time. The extent and nature of these benefits can vary from company to company.

Bonus structure for Assistant Buyer in Dublin

Bonus structures for Assistant Buyers in Dublin can vary depending on company size and industry. These can come in the form of performance-based bonuses, profit-sharing schemes or discretionary bonuses.

Commission-based pay for Assistant Buyer in Dublin

Commission-based pay for Assistant Buyers in Dublin is dependent on the specific industry in which an individual works. Some industries, such as retail, may offer commission-based pay structures as part of the overall compensation package.

Overtime pay for Assistant Buyer in Dublin

On average, an Assistant Buyer in Dublin can expect to earn approximately 1.5 times their regular hourly rate for overtime work. However, this rate may vary depending on the employer and industry. In some industries, overtime pay may be higher due to increased demand and competition for workers.

Salary transparency for Assistant Buyer in Dublin

Salary transparency for Assistant Buyers in Dublin is generally low, with few employers discussing salary ranges openly. However, job seekers can use industry salary surveys and online job boards to gain a better understanding of typical salary ranges. Generally, Assistant Buyers in Dublin can expect to earn competitive salaries compared to other similar roles in the region.

Employee retention rate and salary for Assistant Buyer in Dublin

The employee retention rate for Assistant Buyers in Dublin varies depending on the company and industry. However, generally speaking, companies that offer competitive salaries and benefits packages tend to have higher retention rates. Assistant Buyers in Dublin can typically expect to earn an annual salary of €30,000 to €40,000, with some higher-paying roles offering up to €50,000 per year.

Salary expectations in different industries for Assistant Buyer in Dublin

Assistant Buyers in lower-paying industries such as retail may earn around €25,000 to €30,000 per year. However, in higher-paying industries such as finance and technology, Assistant Buyers can earn significantly more, with annual salaries ranging from €40,000 to €60,000 or more. In the pharmaceutical industry, for example, an Assistant Buyer can expect to earn around €45,000 per year, while in the finance industry, salaries can range from €50,000 to €70,000 or more.

Salary for specific job titles for Assistant Buyer in Dublin

Assistant Buyers in more junior roles, such as Junior Assistant Buyers, may earn around €25,000 to €30,000 per year. However, in more senior roles such as Senior Assistant Buyer or Procurement Specialist, salaries can range from €40,000 to €60,000 or more depending on the industry and company. For example, a Senior Assistant Buyer in the technology industry may earn around €50,000 per year, while a Procurement Specialist in the pharmaceutical industry may earn up to €70,000 per year.

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

Salaries for Assistant Buyers can vary depending on the region or country. For example, Assistant Buyers in the UK generally earn higher salaries than those in Ireland, with average salaries ranging from £25,000 to £35,000 (€27,500 to €38,500) per year. Within Ireland, Assistant Buyers in Dublin may earn higher salaries than those in less expensive regions such as Cork or Limerick, where salaries may range from €25,000 to €35,000 per year.

How much tax does an Assistant Buyer in Dublin Pay?

Tax System in Country

Ireland has a progressive tax system, which means that the more you earn, the higher percentage of tax you pay.

Breakdown of Income Tax Paid by Income Brackets

For an Assistant Buyer in Dublin with a salary of €33K, the breakdown of income tax paid by income brackets would be as follows:

- For the first €16,500, the tax rate is 20%, which would amount to €3,300 in yearly figures or €275 per month.

- For the remaining €16,500, the tax rate is 40%, which would amount to €6,600 in yearly figures or €550 per month.

There are some exemptions available, such as the personal tax credit of €1,650 per year, which would reduce the amount of tax paid.

Other Types of Taxes

In addition to income tax, there are other types of taxes that may be deducted from an Assistant Buyer's salary in Dublin. These may include:

- Universal Social Charge (USC): This is a tax on income that applies to most employees. For an Assistant Buyer with a salary of €33K, the USC rate is 2% on the first €12,012 of income, 4.5% on the next €7,862, and 8% on the remainder. This would amount to €706.28 in yearly figures or €58.86 per month.

- Pay Related Social Insurance (PRSI): This is a social insurance tax that provides benefits such as pensions and healthcare. The rate depends on the individual's earnings and employment status. For an Assistant Buyer with a salary of €33K, the rate is 4% which would amount to €1,320 in yearly figures or €110 per month.

Total Tax Deducted

The total tax that would be deducted for an Assistant Buyer in Dublin earning a salary of €33K would be:

- Income Tax: €9,900 (€825 per month)

- USC: €706.28 (€58.86 per month)

- PRSI: €1,320 (€110 per month)

This would amount to a total of €11,926.28 in yearly figures or €993.86 per month.

Net Take Home Pay

After all taxes, an Assistant Buyer in Dublin earning a salary of €33K would have a net take-home pay of €21,073.72 in yearly figures or €1,755.31 per month.

To calculate this, subtract the total tax deducted (€11,926.28) from the gross salary (€33,000).

Other Considerations

Other considerations that may reduce or increase tax rates include tax credits for expenses such as health insurance or pension contributions. It is also worth noting that tax rates can change from year to year, so it's important to check for any updates or changes in tax regulations.