Auctioneer Salary in Dublin

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

What is the average salary for Auctioneer in Dublin?

The average base salary for an Auctioneer in Dublin is €59K per year or €4916 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 Auctioneer in Dublin

The salary for Auctioneer in Dublin has increased by approximately 5% over the last 5 years. However, the expected future trend for the next 5 years is only around 2-3% increase.

Salary negotiation for Auctioneer in Dublin

Employers consider the level of experience, qualifications, negotiation skills, and industry knowledge when negotiating the salary for Auctioneer in Dublin. In addition, the type of property being auctioned and the potential commission earnings also play a role in salary negotiations.

Gender pay gap for Auctioneer in Dublin

The gender pay gap for Auctioneer in Dublin is approximately 10-15%, which is lower than the national average across industries. While there are no specific companies addressing this gap for Auctioneer role, most companies in Dublin have now introduced gender pay gap reporting as a mandatory policy.

Cost of living adjustment for Auctioneer in Dublin

The cost of living index in Dublin is approximately 20-30% higher than the national average. Companies in Dublin normally adjust the salary for the cost of living difference compared to other cities in Ireland.

Performance-based pay for Auctioneer in Dublin

Performance-based pay for Auctioneer in Dublin is often related to the number of auctions completed or the value of property sold. In some cases, bonuses and commission earnings are also linked to performance.

Incentive pay for Auctioneer in Dublin

Incentive pay for Auctioneer in Dublin is often in the form of commission earnings, as well as bonuses for outstanding performance or meeting specific targets.

Salary surveys results for Auctioneer in Dublin

According to recent salary surveys, the salary range for Auctioneer in Dublin varies between €25,000 and €70,000 per year. However, the average salary for an experienced Auctioneer is around €40,000-€50,000 annually.

Benefits packages for Auctioneer in Dublin

Benefits packages for Auctioneer in Dublin may include health insurance, life insurance, pension plans, paid time off, and company cars, depending on the employer.

Bonus structure for Auctioneer in Dublin

Bonus structure for Auctioneer in Dublin may vary between companies. It typically depends on the company's performance, the Auctioneer's performance, and the number of auctions that the Auctioneer completes.

Commission-based pay for Auctioneer in Dublin

Commission-based pay for Auctioneer in Dublin is a typical part of the compensation package, as Auctioneers earn a percentage of the sale price of the property they sell at an auction. The typical commission rate ranges between 1% and 3% of the sale price.

Overtime pay for Auctioneer in Dublin

Auctioneers in Dublin are entitled to overtime pay which is calculated at a rate of 1.5 times their regular hourly wage for any hours worked beyond their standard 40-hour workweek. The amount of overtime pay received will depend on the base salary of the auctioneer.

Salary transparency for Auctioneer in Dublin

Auctioneer salaries in Dublin are typically transparent, with employers being required to disclose details of their pay scales and remuneration packages. This information is often available during the hiring process or through industry publications and resources.

Employee retention rate and salary for Auctioneer in Dublin

The average salary for an auctioneer in Dublin is €42,000 per year. The employee retention rate in the industry is high, with many auctioneers staying with their firms for several years. Employers often offer benefits such as performance-based bonuses and commission incentives to retain talent.

Salary expectations in different industries for Auctioneer in Dublin

In the real estate industry, auctioneers in Dublin can expect to earn between €30,000 and €55,000 per year. Auctioneers working in the art industry can expect to earn between €45,000 and €70,000 per year. Auctioneers working in the luxury goods industry can earn salaries of over €100,000 per year.

Salary for specific job titles for Auctioneer in Dublin

Auction coordinators in Dublin typically earn around €30,000 per year. Senior auctioneers can earn up to €75,000 per year, while auction directors can earn salaries of up to €100,000 per year.

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

The average salary for an auctioneer in Dublin is higher than that of an auctioneer in other regions of Ireland, such as Cork (where average salaries are around €35,000 per year). However, salaries are lower in smaller towns and rural areas, where auctioneers may earn around €25,000 per year.

How much tax does an Auctioneer in Dublin Pay?

Tax System in Country

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

Breakdown of Income Tax Paid by Income Brackets

For an individual with a salary of €59K, the breakdown of income tax paid by income brackets in Ireland for the tax year 2021 is as follows:

- Up to €35,300: 20% (€7,060)

- Between €35,301 and €70,044: 40% (€9,838)

- Above €70,044: 45%

The total income tax paid in a year would be €16,898, and in a month it would be €1,408. There are certain exemptions and credits that may apply, such as the personal tax credit, which is €1,650 for the tax year 2021.

Other Types of Taxes

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

- Universal Social Charge (USC): a tax on income that ranges from 0.5% to 8%, depending on income levels. For a salary of €59K, the USC rate would be 4.5%, resulting in a total USC payment of €2,454 per year, and €205 per month.

- Pay Related Social Insurance (PRSI): a contribution towards social insurance benefits, such as healthcare, pensions, and unemployment benefits. For a salary of €59K, the PRSI rate would be 4%, resulting in a total PRSI payment of €2,360 per year, and €197 per month.

Total Tax Deducted

The total tax deducted from a salary of €59K in Ireland would be the sum of income tax, USC, and PRSI. Therefore, the total tax deducted in a year would be €21,712, and in a month it would be €1,810.

Net Take Home Pay

After all taxes are deducted, the net take home pay for an individual with a salary of €59K in Ireland would be:

- Yearly: €37,288

- Monthly: €3,107

Other Considerations

There are certain considerations that may reduce or increase the tax rate, such as tax credits for medical expenses, home renovations, or tuition fees. Additionally, pension contributions may be tax-deductible, and may also reduce the amount of PRSI paid. It is important to consult with a financial advisor or accountant to understand the full impact of these considerations on an individual's tax situation.