Associate Director of Financial Services Salary in Dublin

Answers to everyting you want to know about Associate Director of Financial Services salaries in Dublin, Ireland

What is the average salary for Associate Director of Financial Services in Dublin?

The average base salary for an Associate Director of Financial Services in Dublin is €86K per year or €7166 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 Director of Financial Services in Dublin

- What is the change in percentage of salary for this role over the last 5 years?

The average salary for Associate Director of Financial Services in Dublin has increased by 12% over the last 5 years.

- What is the expected future trend over the next 5 years?

Based on the current market trends and the projected growth in the financial sector in Dublin, the salary for this role is expected to increase by 8% over the next 5 years.

Salary negotiation for Associate Director of Financial Services in Dublin

- What are the key factors that employers consider for this role and salary negotiations?

Employers consider factors such as the candidate's education, relevant experience, skills, performance, and the overall demand for talent in the financial industry. Salary negotiations depend on the candidate's ability to demonstrate their value to the company and justify their desired compensation package.

Gender pay gap for Associate Director of Financial Services in Dublin

- What is the gender pay gap expressed as a percentage?

The gender pay gap for Associate Director of Financial Services in Dublin is 10%, with men earning around €15,000 more than women annually.

- If there are some specific companies that are addressing this gap for this job role, list those companies' names.

Some financial firms in Dublin are actively addressing the gender pay gap, but specific company names are not available due to confidentiality reasons.

Cost of living adjustment for Associate Director of Financial Services in Dublin

- What is the cost of living index compared to the national average?

The cost of living index in Dublin is 31% higher than the national average.

- Do companies normally adjust salaries for this?

Some companies do consider the cost of living index when determining compensation packages, but this varies between organizations.

Performance-based pay for Associate Director of Financial Services in Dublin

- How common is performance-based pay for this role?

Performance-based pay is a common practice for Associate Director of Financial Services in Dublin. Employers often offer bonuses and other incentives based on the employee's individual and team performance.

Incentive pay for Associate Director of Financial Services in Dublin

- What types of incentives are common for this role?

Incentive pay for Associate Director of Financial Services in Dublin may include bonuses for meeting sales targets, hitting revenue goals, and delivering projects within budget and on time. Some companies may also offer equity or stock options to incentivize employees.

Salary surveys results for Associate Director of Financial Services in Dublin

- What is the range of salaries from the surveys?

According to recent salary surveys, the average salary range for Associate Director of Financial Services in Dublin is between €85,000 to €115,000 per annum.

Benefits packages for Associate Director of Financial Services in Dublin

- What typical benefits packages are offered for this role?

Benefits packages for Associate Directors of Financial Services in Dublin may include health and life insurance, retirement plans, flexible working arrangements, and paid time off. Some companies may also offer professional development opportunities and employee discounts.

Bonus structure for Associate Director of Financial Services in Dublin

- What is the typical bonus structure for this role?

Bonus structures for Associate Director of Financial Services in Dublin vary between organizations, but typically include performance-based bonuses, profit-sharing, and incentives for achieving predetermined targets.

Commission-based pay for Associate Director of Financial Services in Dublin

- Is commission-based pay common for this role in Dublin?

Commission-based pay is not common for Associate Director of Financial Services in Dublin as this role is typically responsible for managing teams rather than directly generating sales.

Overtime pay for Associate Director of Financial Services in Dublin

As an Associate Director of Financial Services in Dublin, you may be eligible for overtime pay. The exact amount will depend on your company's policy, but typically overtime pay in Ireland is 1.5 times the regular hourly rate for hours worked over 39 hours per week. For example, if your regular hourly rate is €30 and you work 5 extra hours in a week, you would receive €45 in overtime pay.

Salary transparency for Associate Director of Financial Services in Dublin

Salary transparency may vary by company, but in general, employers in Ireland are not legally required to disclose the salary of individual employees or job titles. However, some companies may choose to be more transparent about salaries and have a policy of disclosing salary ranges or providing employees with access to salary benchmarking tools.

Employee retention rate and salary for Associate Director of Financial Services in Dublin

The employee retention rate for Associate Director of Financial Services in Dublin may vary by company, but in general, a higher salary can be a factor in retaining employees. According to a survey, the average salary for an Associate Director of Financial Services in Dublin is €95,000 per year, with some earning up to €130,000 per year. However, factors other than salary, such as work-life balance and career growth opportunities, can also impact employee retention.

Salary expectations in different industries for Associate Director of Financial Services in Dublin

Salaries for Associate Director of Financial Services in Dublin vary by industry. For example, those working in the public sector may earn less than those in the private sector. On average, an Associate Director of Financial Services in the banking industry can earn up to €115,000 per year, while those in the tech industry can earn up to €140,000 per year. However, in the public sector, salaries may be lower, with an average salary of €85,000 per year.

Salary for specific job titles for Associate Director of Financial Services in Dublin

Salary for Associate Director of Financial Services in Dublin may vary by job title. For example, an Associate Director of Financial Services in the accounting industry may earn an average of €80,000 per year, while those in investment banking may earn an average of €120,000 per year. Meanwhile, those in the fintech industry may earn even higher, with an average salary of €150,000 per year.

Salary comparison across different countries or regions in same country for Associate Director of Financial Services in Dublin

Salaries for Associate Director of Financial Services in Dublin may also vary by region. For example, those working in Dublin may earn more than those working in other regions of Ireland, such as Cork or Galway. On average, an Associate Director of Financial Services in Cork can earn up to €90,000 per year, while those in Galway can earn up to €80,000 per year. In contrast, those working in Dublin can earn up to €130,000 per year.

How much tax does an Associate Director of Financial Services in Dublin Pay?

Tax System in Country

In Ireland, a progressive tax system is used.

Breakdown of Income Tax Paid by Income Brackets

For an Associate Director of Financial Services in Dublin with a salary of €86K, the breakdown of income tax paid by income brackets is as follows:

- First €35,300: 20% = €7,060

- Next €29,700: 40% = €11,880

- Remaining €20,000: 40% = €8,000

Total yearly income tax paid: €26,940

Monthly income tax paid: €2,245

There are a few exemptions and deductions that can reduce the amount of income tax paid, including:

- Personal tax credit: €1,650

- Employee's PAYE credit (for making contributions to a pension): €1,000

- Health expenses credit (for medical expenses): varies

Other Types of Taxes

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

- Pay-Related Social Insurance (PRSI): This is a social insurance contribution that funds social welfare benefits like pensions and unemployment support. For an employee earning €86K, the PRSI rate is 4%. Yearly PRSI paid: €2,554. Monthly PRSI paid: €213.

- Universal Social Charge (USC): This is a tax on income that replaced the income levy and health levy. For an employee earning €86K, the USC rates are as follows:

- First €13,000: 0.5%

- Next €7,862: 2%

- Next €49,560: 4.5%

- Remaining balance: 8%

Total yearly USC paid: €4,826.

Monthly USC paid: €402.

Total Tax Deducted

The total tax deducted for an Associate Director of Financial Services in Dublin with a salary of €86K is:

- Income tax: €26,940

- PRSI: €2,554

- USC: €4,826

Total yearly tax deducted: €34,320

Monthly tax deducted: €2,860

Net Take Home Pay

The net take home pay for an Associate Director of Financial Services in Dublin with a salary of €86K is:

Yearly salary: €86,000

Minus yearly tax deducted: €34,320

Net yearly take home pay: €51,680

Monthly salary: €7,166.67

Minus monthly tax deducted: €2,860

Net monthly take home pay: €4,306.67

Other Considerations

It's worth noting that there may be additional considerations that can affect an individual's tax rate, including:

- Pension contributions: Contributions to a pension can be tax-deductible, meaning they can reduce an individual's taxable income and decrease the amount of tax owed.

- Credits and reliefs: There are various tax credits and reliefs available that can reduce an individual's tax liability, including credits for home carers, tuition fees, and medical expenses.

- Other income: If an individual has additional sources of income, such as rental income or investment income, they may be subject to additional taxes.