The level of earnings has also been impacted by the COVID-19 income support schemes in place since 2020. Please note: Employees who worked for less than 50 weeks in the reference year are excluded from the calculations for annual earnings.
Labour plays a major role in the functioning of an economy. From the point of view of businesses, it represents a cost (labour costs) that includes not only the wages and salaries paid to employees but also non-wage costs, mainly social contributions payable by the employer.
Data from the Central Statistics Office (CSO) show that median weekly earnings were €670.90 in 2022 – an increase of 4.1% from €644.55 in 2021. In 2022, median weekly earnings for men were €741.86, compared with €592.92 for women.
Wages in the Republic of Ireland grew by approximately 4.6 percent in the third quarter of 2023, when compared with a year earlier. During the provided time period, wages were growing fastest in last quarter of 2020, when wages were growing by around 7.7 percent.
Chief Information Security Officer – CISO compensation varies widely depending on the size and type of an organization. Fortune 500 corporations in big cities pay as much as $380,000 to $420,000 annually and more to their security head honchos.
The median annual salary for men in Ireland currently sits at €45,537 compared to €37,782 for women. The national average in 2022 was €41,824. For the top 1% of earners, the median earning for men was €285,672 while for women it was €277,613.
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