Talent Wiki - Ireland
Your quick guide on talent and labor compliance norms in Ireland
Capital
Dublin
Currency
Euro
Languages
Irish, English
Payroll Frequency
Weekly or Monthly
GDP per Capita
$102,217.44
Employer Tax
8.80% - 11.05%
Talent Overview
Ireland is well known for its unique scenic view, sparsely populated within the country. The Republic of Ireland has developed with a boasting economy in recent years. Ireland holds the global ranking of 4th of 186 in the International Monetary Fund (IMF). The country mainly focuses on services in high-tech, financial services, agribusinesses, and life sciences.
Major economic hubs:
Dublin, Cork, Galway
Skills in demand:
Technology, Construction, Accounting and Finance, Creative designing
Local Universities
Top local universities, including global rank in Ireland, are;
Trinity College Dublin
Ranking:
Local: 1
World: 205
University College Dublin
Ranking:
Local: 2
World: 373
University College Cork
Ranking:
Local: 3
World: 465
Dublin City University
Ranking:
Local: 4
World: 599
University of Limerick
Ranking:
Local: 5
World: 658
Salary Data
The table below mentions the average salary in Ireland for most common jobs;
| Job Title | Average Monthly Salary (EUR) | Average Monthly Salary (USD) |
| Financial Manager | 6450 | 6873.22 |
| General Manager | 6030 | 6425.66 |
| Business Development Manager | 5490 | 5850.23 |
| Business Analyst | 4040 | 4305.08 |
| Financial Analyst | 4260 | 4539.52 |
| Project Manager | 3580 | 3814.90 |
Talent Sourcing Tips
Top Local Job Boards:
Indeed Ireland, Jobs.ie, GoogleForJobs
Number of LinkedIn users:
2,632,000
Multiplier Recruitment Partner:
Employing in Ireland
There are statutory laws to hire from the Republic of Ireland; the employer must have knowledge of specific laws, leaves, allowances, and bonuses. This section provides all the information for the employer.
Employee Contract
The employment contract is necessary for employment; it can be verbal or written. The employment contract consists of all the information for the employee to know about the employer along with the benefits.
Probation Period
The probationary period for employees ranges from 6 – 12 months.
Public and Provincial Holidays (2023):
| Date | Name | Type |
| 1 Jan | New Year’s Day | National holiday |
| 6 Feb | St. Brigid’s Day | National holiday |
| 17 Mar | St. Patrick’s Day | National holiday |
| 10 Apr | Easter Monday | National holiday |
| 1 May | May Day | National holiday |
| 5 Jun | June Bank Holiday | National holiday |
| 7 Aug | August Bank Holiday | National holiday |
| 30 Oct | October Bank Holiday | National holiday |
| 25 Dec | Christmas Day | National holiday |
| 26 Dec | St. Stephen’s Day | National holiday |
Employee Leaves
| Type of Leave | Time Period | Mandatory |
| Annual/Earned Leave | 4 weeks | Yes |
| Sick Leave | 3 days | Yes |
| Maternity Leave | 26 weeks | Yes |
Payroll
Payroll Cycle
In Ireland, the payroll cycle is weekly or monthly, based on the employment contract.
Minimum Wage
The minimum wage is 10.50 EUR per hour in Ireland.
Overtime Pay
There is no statutory law for overtime pay in Ireland. It has to be stated in the employment contract whether employees should work overtime and what pay to be received.
Bonus
13th Month Pay:
13th-month pay is not compulsory in Ireland.
Employee Benefits:
- Social security
- Holiday Leaves
- Maternity leave
- Bonuses
- Allowances
- Personal Retirement Savings Account (PRSA)
Taxes
Employer Payroll Tax:
| Type of Contribution | Contributions |
| Social Security (PRSI) | 8.80% for employees earning less than EUR 441 per week
11.05% for employees earning more than EUR 441 per week |
Employee Payroll Tax:
| Type of Contribution | Contributions |
| Social Security PRSI* | 4% |
| Universal Social Charge (USC) | 0.5% to 11% |
*PRSI: Pay Related Social Insurance
Employee Income Tax:
| Filing Status | Income slabs for | |
| 20% tax | 40% tax | |
| Single or Widowed with no dependent children | 0-36,800 EUR | Above 36,800 EUR |
| One income married couple | 0-45,800 EUR | Above 45,800 EUR |
| Two income married couples (earning at least EUR 27,800 each) | 0-73,600 EUR | Above 73,600 |
Individuals aged 65 years and above are entitled to an income tax exemption. These individuals are only liable to income tax if their income is above a specified limit. These limits are increased for dependent children.
For 2023, the specified limit is:
| Individual | Income Limit (EUR) |
| Single/widowed | 18,000 |
| Married couple | 36,000 |
VAT:
Value Added Tax in Ireland is 23%
Offboarding & Termination
The employer can terminate the employment contract based on any misconduct from the employee. Employees will receive any left-out remuneration and payslips after the termination of employment.
The notice period in Ireland varies as per the length of employment, as given below:
| Length of Service | Notice Period |
| 13 weeks – 2 years | 1 week |
| 2 years – 5 years | 2 weeks |
| 5 years – 10 years | 4 weeks |
| 10 years – 15 years | 6 weeks |
| 15 years or more | 8 weeks |
The Irish laws demand employees to complete at least two years of continuous service to qualify for severance pay. This pay is calculated as two weeks’ pay for each year of service, and an additional week’s pay.
Visa and Immigration
In Ireland, the visas are classified into two categories: the European Nationals (EEA) and the other for Non-European Nationals (Non-EEA). Only the Employment contract is required for EEA members, whereas Non-EEA members must apply for a work permit and green card. The validity of the Green card is two years and can be renewed further.
