Aircraft Engineer Salary in Dublin

Answers to everyting you want to know about Aircraft Engineer salaries in Dublin, Ireland

What is the average salary for Aircraft Engineer in Dublin?

The average base salary for an Aircraft Engineer in Dublin is €43K per year or €3583 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 Aircraft Engineer in Dublin

The salary trend for Aircraft Engineers in Dublin over the last 5 years has seen an increase of approximately 10%, on average. It is expected that this trend will continue over the next 5 years with an estimated increase of 8-12%.

Salary negotiation for Aircraft Engineer in Dublin

Key factors that employers consider when negotiating salary for Aircraft Engineers in Dublin include level of experience, qualifications, technical expertise, and industry demand. Employers may also take into account the candidate's negotiation skills and the company's budget.

Gender pay gap for Aircraft Engineer in Dublin

The gender pay gap for Aircraft Engineers in Dublin is around 9-12%. There are a few companies in the aerospace industry that have taken steps to address this gap, such as implementing gender pay audits and establishing diversity and inclusion programs.

Cost of living adjustment for Aircraft Engineer in Dublin

The cost of living index in Dublin is higher than the national average, with an index score of 86. Companies in Dublin may adjust salaries to some extent to reflect the higher cost of living, but this varies depending on the organization.

Performance-based pay for Aircraft Engineer in Dublin

Performance-based pay for Aircraft Engineers in Dublin is generally tied to individual and team objectives, job responsibilities, and industry demand. This type of pay rewards outstanding performance and incentivizes employees to continually improve.

Incentive pay for Aircraft Engineer in Dublin

Incentive pay for Aircraft Engineers in Dublin may include bonuses, stock options, profit sharing, and other performance-based rewards. These incentives are designed to motivate and reward employees for outstanding performance, team collaboration, and achieving challenging goals.

Salary surveys results for Aircraft Engineer in Dublin

According to salary surveys, the salary range for Aircraft Engineers in Dublin is between €35,000-€90,000 per annum, with the average salary being around €55,000 per annum. The salary range is dependent on factors such as experience, qualifications, and industry demand.

Benefits packages for Aircraft Engineer in Dublin

Benefits packages for Aircraft Engineers in Dublin may include pension plans, healthcare coverage, life insurance, paid time off, and other employee perks. These benefits vary depending on the organization and can be negotiated as part of the overall compensation package.

Bonus structure for Aircraft Engineer in Dublin

Bonus structure for Aircraft Engineers in Dublin may be tied to individual or team performance, company profitability, or other metrics. Bonus pay is typically discretionary and may be paid out on a quarterly or annual basis.

Commission-based pay for Aircraft Engineer in Dublin

Commission-based pay is not typically applicable to Aircraft Engineers in Dublin, as it is more commonly used in sales and marketing roles. However, there may be instances where commission-based pay is used for specialized projects or roles within the aerospace industry.

Overtime pay for Aircraft Engineer in Dublin

What is the overtime pay rate for Aircraft Engineers in Dublin?

In Dublin, Aircraft Engineers are entitled to overtime pay, which is typically calculated as time and a half for any hours worked in excess of their regular working hours. According to industry sources, the average hourly rate for overtime pay is approximately €30 per hour.

Salary transparency for Aircraft Engineer in Dublin

Is salary information for Aircraft Engineers in Dublin transparent?

The transparency of salary information for Aircraft Engineers in Dublin varies depending on the employer. Some companies may choose to disclose salary information upfront, while others may keep salaries confidential until the offer stage. However, salary information for Aircraft Engineers can generally be found by researching industry benchmarks and conducting salary surveys.

Employee retention rate and salary for Aircraft Engineer in Dublin

What is the average employee retention rate and salary for Aircraft Engineers in Dublin?

The average employee retention rate for Aircraft Engineers in Dublin is approximately 75%. Salaries for Aircraft Engineers in Dublin typically range from €35,000 to €75,000 per year, depending on experience and qualifications.

Salary expectations in different industries for Aircraft Engineer in Dublin

What are the salary expectations for Aircraft Engineers in different industries in Dublin?

Aircraft Engineers in industries such as aerospace and aviation maintenance typically earn higher salaries than those in other industries such as automotive. For example, the average yearly salary for Aircraft Engineers in the aviation industry is approximately €62,000, while the average yearly salary for those in the automotive industry is approximately €42,000. However, salaries may vary based on company size, location, and other factors.

Salary for specific job titles for Aircraft Engineer in Dublin

What are the salary ranges for specific job titles for Aircraft Engineers in Dublin?

Job titles such as Senior Aircraft Engineer and Chief Aircraft Engineer generally earn higher salaries than entry-level positions such as Junior Aircraft Engineer. For example, the average yearly salary for a Junior Aircraft Engineer in Dublin is approximately €43,000, while the average yearly salary for a Senior Aircraft Engineer is approximately €77,000, and for a Chief Aircraft Engineer is approximately €95,000.

Salary comparison across different countries or regions in same country for Aircraft Engineer in Dublin

How do salaries for Aircraft Engineers in Dublin compare to other regions in Ireland?

Salaries for Aircraft Engineers in Dublin are generally higher than other regions in Ireland. For example, the average yearly salary for an Aircraft Engineer in Dublin is approximately €60,000, while the average yearly salary for an Aircraft Engineer in Cork is approximately €45,000 and for an Aircraft Engineer in Galway is approximately €50,000. However, salaries may vary based on company size, location, and other factors.

How much tax does an Aircraft Engineer in Dublin Pay?

Tax System in Country

The tax system used in Ireland is a progressive tax system. This means that the percentage of tax paid increases as income increases.

Breakdown of Income Tax Paid by Income Brackets

For an aircraft engineer in Dublin earning a salary of €43K, the breakdown of income tax paid by income brackets is as follows:

- The first €16,500 of income is taxed at a rate of 20%, resulting in a tax payment of €3,300.

- The next €26,500 of income is taxed at a rate of 40%, resulting in a tax payment of €10,600.

- The remaining €2000 of income is taxed at a rate of 42%, resulting in a tax payment of €840.

Therefore, the total income tax paid by an aircraft engineer with a salary of €43K is €14,740 per year or €1,228.33 per month.

Other Types of Taxes

In addition to income tax, other types of taxes may be deducted from an individual's salary. These may include social security, pension contributions, and Universal Social Charge (USC).

For an aircraft engineer in Dublin earning a salary of €43K, the breakdown of other types of taxes deducted is as follows:

- USC: €853 per year or €71.08 per month.

- Pension Contributions: This will depend on the pension scheme being used by the employer.

Total Tax Deducted

The total tax deducted for an aircraft engineer in Dublin with a salary of €43K is €15,593 per year or €1,299.42 per month. This is the sum of income tax, USC, and any pension contributions.

Net Take Home Pay

The net take-home pay for an aircraft engineer in Dublin with a salary of €43K is €27,407 per year or €2,283.92 per month. This is calculated by subtracting the total tax deducted from the salary.

Other Considerations

There may be other considerations that can impact an individual's tax rate, such as tax rebates, tax credits, or other deductions. It is important to review these regularly to ensure that you are paying the correct amount of tax.