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
The top local universities in Ireland are as follows:
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:
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
Date
Name
Type
1 Jan
New Year’s Day
National holiday
5 Feb
St. Brigid’s Day
National holiday
17 Mar
St. Patrick’s Day
National holiday
1 Apr
Easter Monday
National holiday
6 May
May Day
National holiday
3 Jun
June Bank Holiday
National holiday
5 Aug
August Bank Holiday
National holiday
28 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
5 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 for people aged 20 and over is EUR 12.70.
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.
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.
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 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.
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