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Wage System in Ireland - A Guide for Ghanaian Migrants

Wage System in Ireland - A Guide for Ghanaian Migrants

30 Jan 2025


Ireland, with a booming GDP of €119.2 billion in 2024, strongly attracts migrants from all developing countries, including Ghana. Its strong economy and fair wage system allow workers to earn well and build a secure future. Understanding how wages work is essential to ensure fair pay and make smart financial choices.
 

If you are a Ghanaian expat living in Ireland and plan to send money to Ghana from Ireland, it's essential to understand your salary and workplace rights. This guide will clarify how wages are structured across different jobs, enabling you to maximize your work experience in Ireland while supporting your family back home.

 

Overview of Ireland's Wage System

In Ireland, the wage system is highly regulated to ensure workers receive fair pay for their labor. The minimum wage sets the baseline pay that all employers must meet and is reviewed regularly. As of January 2024, the national minimum wage stands at €12.70 per hour, considering the rising cost of living and inflation. This is one of the highest minimum wage rates in the European Union, making Ireland a competitive choice for foreign workers.

The wage structure in Ireland is mainly hourly-based, although salaries for certain roles may be structured monthly. Workers typically receive wages for a 39-hour workweek.  Any additional hours are compensated through overtime pay. 

Interesting Facts

  • The projected employment rate in Ireland for 2024 is 65.46%.
  • Ireland secured the second position in the 2023 IMD World Competitiveness Survey, which evaluated 64 economies based on infrastructure, business efficiency, government performance, and overall economic strength.
  • With an average annual income of USD 79,730, Ireland ranks sixth globally for the highest average earnings.
  • According to the Salary Budget Planning Report by WTW, employers in Ireland plan to allocate a 4% increase in average salaries for 2024.

Factors Influencing Salaries

Several key factors determine the salaries in Ireland.

Industry Trends

Salaries vary significantly across sectors. For instance, a data analyst in the tech industry typically earns more than a sales associate in retail.

Level of Education

Higher qualifications often lead to better compensation. For example, someone with a Master's degree in finance usually earns more than someone with a Bachelor's degree in marketing.

Sector of Employment (Public vs. Private)

Wages also vary depending on whether workers are employed in the public or private sectors. The public sector typically offers more stability, with set wage scales that increase with experience.

Work Experience

Accumulating experience enhances your professional network and skill set, making you more valuable to employers and often resulting in higher salaries.

Job Position and Responsibilities

Roles with greater responsibilities, such as chief technology officer (CTO) or head of operations, command higher salaries than entry-level positions like marketing assistant.

Geographical Differences

Pay can vary depending on location. Major cities like Dublin and Cork typically offer higher wages than smaller towns. To make a reliable money transfer from Ireland to Ghana, choose ACE Money Transfer today. Build your future and make a positive impact back home!

Company’s Financial Standing

The financial health and market presence of a company impact salaries. At renowned firms like Microsoft or Johnson & Johnson, employees earn more than those at smaller startups.

Economic Factors

External economic conditions, including unemployment rates and inflation, influence wage levels across different sectors.

Average Salary For Full-Time Workers 

In Ireland, full-time workers earn about €3,220 monthly, up to around €38,600 annually. The country is growing fast in many fields, like engineering, technology, life sciences, marketing, finance, and accountancy. Many international students and experienced professionals want to start their careers in Ireland.

To help you understand what you might earn, here’s a quick look at the average salaries in the top seven industries:

Industry

Average Annual Salary (Euro)

Healthcare

€61,967

Legal

€61,818

IT

€56,207

Engineering

€55,581

Marketing & Sales

€47,754

Construction

€47,587

Average Salary for Part-Time Workers in Ireland

Part-time workers in Ireland earn an average of €15.14 per hour. This amounts to approximately €2,461 per month. Part-time jobs are essential for Ghanaian students, who can work part-time while attending classes. These jobs are a great way to help cover living expenses during their studies.

Ghanaian expats seeking additional income alongside their full-time jobs can benefit from part-time work. It makes it easier to send money to Ghana from Ireland home while covering their living expenses in Ireland.

General Jobs that Migrants Do 

Average hourly rates for common jobs in Ireland for migrants range from €10 to €14, depending on the role. Common jobs include:

  • Healthcare Assistant
  • Construction worker
  • Customer service representative
  • Sales assistant
  • Warehouse operative
  • Cleaner
  • Delivery driver
  • Restaurant staff
  • Call center agent
  • Care worker
  • Food service worker
  • Retail Assistant
  • Security guard
  • Bus driver

The rates can vary depending on the specific region, the nature of work, and the worker's level of experience.

Differences in Wages Between Immigrant Workers and Local Employees

Research shows that foreign nationals in many countries, including Ireland, tend to earn less on average than native-born workers. Several factors contribute to this disparity, such as differences in education, work experience, language barriers, and the transferability of skills from migrants' home countries to Ireland.

Migrants are not homogeneous; they come from various countries and regions with differing skill levels and reasons for migrating (such as work, family reunification, or seeking international protection). These factors directly impact wage outcomes. For example, while some migrants come with highly transferable skills or advanced degrees, others might need time to upskill or gain experience in Ireland’s market.

Taxes and Deductions

Ghanaian migrants need to understand Ireland’s tax system to calculate net income. Knowing the applicable tax bands and exemptions is essential for managing finances and facilitating a money transfer from Ireland to Ghana back home.

Key deductions include:

  • Income Tax: A progressive tax affecting higher earners.
  • Universal Social Charge (USC): Applied to those over a certain income threshold.
  • Pay-Related Social Insurance (PRSI): Contributions for social benefits like pensions.

Secure Your Future: Seamless Remittances from Ireland to Ghana

You are now aware of important information relevant to Ghanaian migrants in Ireland. Awareness of salary expectations, tax rules, and job options is essential for effective financial planning and stability. For a reliable way to an online money transfer from Ireland to Ghana, choose ACE Money Transfer today. Build your future and make a positive impact back home!
 

FAQs

What types of jobs are most in demand in Ireland?

Sectors like healthcare, IT, engineering, and hospitality often have a high worker demand, presenting good opportunities for migrants.

 

What are the average working hours in Ireland?

Standard working hours are typically 39 per week, but this can vary by industry and job type.
 

Are there tax benefits for low-income workers?

Yes, Ireland has various tax credits and reliefs that low-income workers may qualify for, helping to reduce their overall tax burden.
 

What is the process for applying for residency in Ireland?

The process involves gathering necessary documents, completing the application form, and submitting it to the relevant immigration authority. Eligibility criteria can vary based on work permits or family connections.
 

How can I find a mentor in my field?

Networking through professional groups, LinkedIn, or industry-specific events can help you find a mentor who can provide guidance and support.


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