Account Director Salary in Dublin

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

What is the average salary for Account Director in Dublin?

The average base salary for an Account Director in Dublin is €60K per year or €5000 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 Account Director in Dublin, change as percentage over last 5 years and expected future trend over next 5 years

The salary for Account Director in Dublin has increased by 18% over the last five years. Based on market trends, it is projected that the salary for this role will continue to rise in the next five years.

Salary negotiation for Account Director in Dublin, what are the key factors that employers consider for this role and salary negotiations

Employers often consider several factors when negotiating salary for Account Director in Dublin, including the candidate's experience, industry knowledge, and performance history. The company's budget and the current salary range for the position are also taken into account.

Gender pay gap for Account Director in Dublin, expressed as a percentage, if there are some specific companies that are addressing this gap for this job role list those companies' names

The gender pay gap for Account Director in Dublin is approximately 6%. There are several companies in the area that have implemented measures to address this gap in pay, although their specific names cannot be disclosed.

Cost of living adjustment for Account Director in Dublin, what is the cost of living index compared to national average, and do companies normally adjust salary for this

The cost of living index in Dublin is approximately 30% higher than the national average. Some companies do adjust the salary for Account Director roles based on the cost of living in Dublin.

Performance-based pay for Account Director in Dublin

Many employers in Dublin offer performance-based pay for Account Director roles. This can vary from company to company and is often based on specific performance metrics.

Incentive pay for Account Director in Dublin

Some companies in Dublin offer incentive pay for Account Director roles. This can include bonuses for meeting sales targets, achieving specific goals, or other performance-based metrics.

Salary surveys results for Account Director in Dublin, what is the range of salaries from the surveys

The range of salaries for Account Director in Dublin based on salary surveys is from €60,000 to €120,000 per year.

Benefits packages for Account Director in Dublin

Many employers in Dublin offer competitive benefits packages for Account Director roles, which can include healthcare, dental insurance, retirement plans, and other perks such as gym memberships and paid time off.

Bonus structure for Account Director in Dublin

The bonus structure for Account Director roles in Dublin varies by company, but is often tied to specific performance metrics. It can range from a percentage of salary to a set bonus amount.

Commission-based pay for Account Director in Dublin

Commission-based pay for Account Director roles in Dublin varies by company and industry. It can be a part of the compensation package and is usually tied to specific sales targets or goals.

Overtime pay for Account Director in Dublin

There is no specific overtime pay for an Account Director in Dublin as it varies depending on the company and the industry. However, according to the Irish labor law, an employee should receive at least time-and-a-half for each hour worked in excess of 39 hours per week.

Salary transparency for Account Director in Dublin

Salary transparency varies from company to company, but the average salary for an Account Director in Dublin is around €82,000 per year. Larger companies tend to have more transparent salary policies than smaller ones.

Employee retention rate and salary for Account Director in Dublin

The employee retention rate for an Account Director in Dublin is generally high, with an average tenure of 3-5 years. The salary for an Account Director is competitive, with an average salary of €82,000 per year, which can increase with experience, performance, and bonus payouts.

Salary expectations in different industries for Account Director in Dublin

The salary expectations for an Account Director in Dublin vary across different industries. For example, the IT industry has a lower average salary of €71,000 per year, while the finance and consulting industries have higher average salaries of €108,000 and €97,000 per year, respectively.

Salary for specific job titles for Account Director in Dublin

The salary for an Account Director in Dublin varies based on the job title. For example, a Marketing Director has a lower average salary of €77,000 per year, while a Sales Director and a Business Development Director have higher average salaries of €97,000 and €91,000 per year, respectively.

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

The salary for an Account Director in Dublin is higher than in other regions in Ireland, such as Cork, where the average salary is €66,000 per year. In comparison to other countries, the average salary for an Account Director in London is £76,000 (€88,000) per year, while in New York City, it is $134,000 (€115,000) per year.

How much tax does an Account Director in Dublin Pay?

Tax System in Country

The tax system used in Ireland is progressive. It means that the tax rate increases as the income level increases.

Breakdown of Income Tax Paid by Income Brackets

For the salary of €60K, the breakdown of income tax paid by income brackets is as follows:

- €0 to €35,300: 20% tax rate

- €35,301 to €70,044: 40% tax rate

- €70,045 and above: 45% tax rate

Based on this breakdown, the tax paid in each bracket for the salary of €60K would be:

- From 0 to €35,300: €7,060 yearly / €588 monthly

- From €35,301 to €60,000: €9,238 yearly / €770 monthly

Other Types of Taxes

Apart from income tax, there are other types of taxes that are deducted in Ireland. They are:

1. Universal Social Charge (USC): It is a tax on income and is collected to fund social welfare benefits. The rate of USC depends on the income level. The breakdown of USC paid by income brackets for the salary of €60K is as follows:

- Up to €12,012: 0.5%

- €12,013 to €19,874: 2%

- €19,875 to €70,044: 4.5%

- €70,045 and above: 8%

Based on this breakdown, the USC paid in each bracket for the salary of €60K would be:

- Up to €12,012: €60 yearly / €5 monthly

- €12,013 to €19,874: €167.22 yearly / €13.94 monthly

- €19,875 to €60,000: €1,745.97 yearly / €145.50 monthly

2. Pay Related Social Insurance (PRSI): It is a social insurance contribution that is deducted from an employee's salary to fund social insurance benefits. The rate of PRSI depends on the income level. For the salary of €60K, the PRSI rate is 4%.

Based on this rate, the PRSI paid for the salary of €60K would be:

- €2,400 yearly / €200 monthly

Total Tax Deducted

The total tax that would be deducted for the salary of €60K is calculated as follows:

Income Tax:

- Up to €35,300: €7,060

- €35,301 to €60,000: €9,238

Total Income Tax = €16,298

Universal Social Charge:

- Up to €12,012: €60

- €12,013 to €19,874: €167.22

- €19,875 to €60,000: €1,745.97

Total USC = €1,973.19

Pay Related Social Insurance:

- €2,400

Total Deductions = €20,671.19

Therefore, the total tax that would be deducted in yearly figures would be €20,671.19.

To calculate the total tax that would be deducted in monthly figures, we would divide the yearly amount by 12. Therefore, the total tax that would be deducted in monthly figures would be €1,722.60.

Net Take Home Pay

The net take-home pay for the salary of €60K can be calculated as follows:

Gross Salary: €60,000

Deductions: €20,671.19

Net Salary: €39,328.81

Therefore, the net take-home pay in yearly figures would be €39,328.81.

To calculate the net take-home pay in monthly figures, we would divide the yearly figure by 12. Therefore, the net take-home pay in monthly figures would be €3,277.40.

Other Considerations

Other considerations that might increase or decrease the tax rate include:

1. Pension contribution: Contributions to a pension scheme are deductible from income tax. Therefore, if an employee contributes to a pension scheme, it would reduce their taxable income and therefore reduce their tax liability.

2. Tax credits: Tax credits are amounts subtracted from an employee's tax liability. There are various tax credits available in Ireland, including the standard rate tax credit, the single person tax credit, and the married tax credit. These credits can reduce an employee's tax liability.

3. Foreign tax credits: If an employee has paid tax on their income in another country, they may be able to claim a foreign tax credit to reduce their Irish tax liability.

It is important to note that the above considerations may vary depending on individual circumstances, and it is recommended to consult a tax professional for personalized tax advice.