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Employment and Earnings

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Persons Employed (left axis)Total Earnings (right axis)
200971982
2010840108
2011834106
2012995127
20131034129
20141288169
20151467222
20161672253
20171949347
20181971409

Persons employed in the industry have increased by almost 175% between 2009 and 2018, while total earnings have increased by just under 400%. Full-time equivalent employees1 have increased from 629 in 2009 to 1,620 in 2018. The average annual earnings per person engaged in the industry has gone from €113k in 2009 to €208k in 2018.

Table 1.1 Employment and Earnings
 Persons EmployedFull-time EquivalentsAverage Earnings per person €Total Earnings €m
2009719629113,42482
2010840703129,035108
2011834720127,245106
2012995853127,296127
20131,034881125,220129
20141,2881,062130,851169
20151,4671,216151,666222
20161,6721,379151,439253
20171,9491,604178,032347
20181,9711,620207,590409
Persons Employed (Female) (left axis)Persons Employed (Male) (left axis)Average Earnings per person (Female) (right axis)Average Earnings per person (Male) (right axis)
200929242767548.2739726027144796.316159251
201032052076405.571875161423.088461538
201132451084425.9867901235154447.549509804
201239260378622.4921173469158937.305870647
201343260275790.0300925926160691.700996678
201452975975757.8998109641169249.588932806
201559387485816.5244519393196344.962242563
201667799588658.1698670606194155.656281407
2017798115198652.8796992481233065.626411816
2018739123291701.0622462788277104.085227273

Female participation in the industry has fluctuated around 40% since 2009, but fell to its lowest level in 2018, the latest year under investigation. While the average age attained (at year end) for females has risen 37 to 38, the average age attained of males has fallen from 42 to 40 over the period. Average annual earnings per female employed in the industry has increased 36% during the period, growing from €68k to €92k. During the same period, average annual earnings per male employed in the industry, has risen 91% from around €145k to €277k.

Table 1.2 Employment, Age and Earnings (by gender)
 Persons Employed (Female)Persons Employed (Male)Average Age (Female)Average Age (Male)Average Earnings per person (Female) €Average Earnings per person (Male) €
2009292427374267,548144,796
2010320520374276,406161,423
2011324510384284,426154,448
2012392603384278,622158,937
2013432602374275,790160,692
2014529759384275,758169,250
2015593874384185,817196,345
2016677995384188,658194,156
20177981,151384098,653233,066
20187391,232384091,701277,104

Footnotes

1Not all surveyed employees had completed 52 weeks work for a particular year. Due to the inability to distinguish between salary, overtime and bonus, it was deemed inaccurate to annualise these salaries. Instead, the number of full-time equivalent was calculated for the year. See Background Notes for more. 


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