Associate Auditor Salary in Dublin

Answers to everyting you want to know about Associate Auditor salaries in Dublin, Ireland

What is the average salary for Associate Auditor in Dublin?

The average base salary for an Associate Auditor in Dublin is €35K per year or €2916 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 Associate Auditor in Dublin

The salary in Dublin for Associate Auditor has seen a growth of around 7% over the last 5 years, and is expected to see a further 5% growth in the next 5 years. The expected salary trend is influenced by the expanding economy and increasing demand for skilled professionals in this field.

Salary negotiation for Associate Auditor in Dublin

The key factors that employers consider for this role and salary negotiation include the candidate's education, years of experience, specific skills, and industry certifications. Employers may also look at the market competition and overall budget while negotiating the salary.

Gender pay gap for Associate Auditor in Dublin

The gender pay gap for Associate Auditor in Dublin is around 12% in favor of male workers. Some companies that are addressing this gap for this job role in Dublin include implementing equal pay policies and encouraging diversity in their recruitment processes.

Cost of living adjustment for Associate Auditor in Dublin

The cost of living in Dublin is around 16% higher than the national average, which means companies may adjust the salary of the Associate Auditor position to reflect this higher cost of living. However, this may depend on the company and their policies.

Performance-based pay for Associate Auditor in Dublin

Performance-based pay for the Associate Auditor role in Dublin is common and may be influenced by the employee's individual contribution to the company, as well as the overall business performance.

Incentive pay for Associate Auditor in Dublin

Incentive pay is sometimes offered to Associate Auditors in Dublin, which may be in the form of bonuses or stock options. These incentives may be tied to individual or team performance goals.

Salary surveys results for Associate Auditor in Dublin

According to salary surveys, the salary range for Associate Auditor in Dublin is between €30,000 and €45,000 per year. However, the actual salary may vary depending on the factors such as company size, years of experience, and specific skills.

Benefits packages for Associate Auditor in Dublin

The typical benefits package for Associate Auditor in Dublin may include health insurance, retirement benefits, paid time off, and professional development opportunities.

Bonus structure for Associate Auditor in Dublin

The bonus structure for Associate Auditor in Dublin may be tied to individual performance, company performance or both. The amount of bonus may vary depending on factors such as job performance, company growth, industry competition, and annual budget.

Commission-based pay for Associate Auditor in Dublin

Commission-based pay is not common for Associate Auditor positions in Dublin as their role mainly involves financial auditing and report preparation, which is generally salaried work.

Overtime pay for Associate Auditor in Dublin

According to a survey, the average overtime pay for Associate Auditors in Dublin ranges from €17 to €25 per hour. However, the actual amount may vary based on the company's policy and the employee's contract. It is recommended to negotiate overtime pay during the hiring process.

Salary transparency for Associate Auditor in Dublin

Several companies in Dublin have started to implement salary transparency policies to promote fairness and equality. However, not all companies disclose salary information, and the government does not have regulations regarding salary transparency. Glassdoor reports an average salary of €34,000 per year for Associate Auditors in Dublin, based on users' submissions.

Employee retention rate and salary for Associate Auditor in Dublin

The average employee retention rate in the auditing industry in Dublin is 78%, according to a survey. Companies often offer benefits and bonuses to retain employees, including health insurance and retirement plans. Associate Auditors in Dublin can earn an additional 10-15% of their salary through annual bonuses and profit-sharing opportunities.

Salary expectations in different industries for Associate Auditor in Dublin

The travel and tourism industry in Dublin typically offers lower salaries for Associate Auditors, with an average salary of €26,000 per year. In contrast, the accounting and finance industry offers higher salaries, with an average of €37,000 per year. The technology industry offers even higher salaries, with an average of €44,000 per year for Associate Auditors.

Salary for specific job titles for Associate Auditor in Dublin

The position of Junior Auditor typically offers a lower salary, with an average annual salary of €28,000. The position of Senior Auditor offers a higher salary, with an average of €45,000 per year. The position of Audit Manager offers the highest salary, with an average of €68,000 per year.

Salary comparison across different countries or regions in same country for Associate Auditor in Dublin

In comparison to other regions in Ireland, Associate Auditors in Dublin earn higher salaries. For example, in County Waterford, the average salary for Associate Auditors is €30,000 per year, whereas in Galway, the average salary is €37,000 per year. However, salaries for Associate Auditors in Dublin are lower than in other European countries, such as Switzerland, where the average salary is €80,000 per year.

How much tax does an Associate Auditor in Dublin Pay?

Tax System in Country

In Ireland, the tax system used is a progressive tax system, meaning that the more income an individual earns, the higher the tax rate they will pay.

Breakdown of Income Tax Paid by Income Brackets

For an Associate Auditor in Dublin earning a salary of €35K per year, the breakdown of income tax paid by income bracket is as follows:

- Income up to €16,500: 0%

- Income from €16,501 to €35,300: 20%

- Income over €35,300: 40%

Based on this breakdown, the monthly income tax paid would be:

- Income up to €1,375: 0%

- Income from €1,376 to €2,941.67: 20%

- Income over €2,941.67: 40%

Other Types of Taxes

In addition to income tax, there are other types of taxes that may be deducted from an employee's salary:

- Social Insurance: This is a tax that provides social welfare benefits and pensions. For an Associate Auditor in Dublin earning €35K per year, the social insurance paid is €2,352 per year, or €196 per month.

- Universal Social Charge (USC): This is a tax that funds social welfare and health initiatives. For an Associate Auditor in Dublin earning €35K per year, the USC paid is €766 per year, or €63.83 per month.

Total Tax Deducted

The total tax deducted annually for an Associate Auditor in Dublin earning €35K per year is:

- Income tax: €4,953.33

- Social Insurance: €2,352

- Universal Social Charge: €766

Total annual tax deducted: €8,071.33

The total tax deducted monthly would be €672.61.

Net Take Home Pay

The net take home pay after all taxes annually for an Associate Auditor in Dublin earning €35K per year is:

€35,000 - €8,071.33 = €26,928.67 per year

The net take home pay monthly would be €2,244.06.

Other Considerations

There are a few other considerations that may affect the tax rate for an individual. For example, an individual may be eligible for tax credits or deductions based on their personal circumstances, such as having dependents or making contributions to a pension plan. Additionally, the tax rates and brackets may change from year to year, so it is important to stay informed about any updates to the tax system.