
We’ve now drawn a line under 2011, so we’re approaching the season when most recruitment firms are producing their review of the year and accompanying salary guides.
First out of the blocks is Brightwater, which has produced and extensive list of salary figures which we’ve reproduced below. Salaries have remained largely static over the past year, with no job roles seeing any particular uplift.
However, it’s been a tough year for those working in treasury functions, with average salaries reducing in the Dublin area.
Heads of treasury have escaped any cuts, but senior dealers have seen salaries chopped by €5k on average at the lower end (€70-90k), as have middle office managers (€60-90k). Meanwhile, dealers working in treasury functions have had average salaries reduced by €3k at the senior end, but it’s now possible to earn €2k at for the higher paying roles (€45-70k).
Interestingly, while there’s been a general improvement in the Irish financial services job market since Q2 (in contrast with other European financial centres) banks and funds firms are still heavily relying on contract and temporary resources. Brightwater suggests that 60% of all hires in this area are still for temps.
Below is the breakdown of salaries you should expect within various roles:
Banking




Accounting in financial services

Source: Brightwater. The full salary survey is available here.
US
