Persons Employed (left axis) | Total Earnings (right axis) | |
2009 | 719 | 82 |
2010 | 840 | 108 |
2011 | 834 | 106 |
2012 | 995 | 127 |
2013 | 1034 | 129 |
2014 | 1288 | 169 |
2015 | 1467 | 222 |
2016 | 1672 | 253 |
2017 | 1949 | 347 |
2018 | 1971 | 409 |
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 Employed | Full-time Equivalents | Average Earnings per person € | Total Earnings €m | |
2009 | 719 | 629 | 113,424 | 82 |
2010 | 840 | 703 | 129,035 | 108 |
2011 | 834 | 720 | 127,245 | 106 |
2012 | 995 | 853 | 127,296 | 127 |
2013 | 1,034 | 881 | 125,220 | 129 |
2014 | 1,288 | 1,062 | 130,851 | 169 |
2015 | 1,467 | 1,216 | 151,666 | 222 |
2016 | 1,672 | 1,379 | 151,439 | 253 |
2017 | 1,949 | 1,604 | 178,032 | 347 |
2018 | 1,971 | 1,620 | 207,590 | 409 |
Persons Employed (Female) (left axis) | Persons Employed (Male) (left axis) | Average Earnings per person (Female) (right axis) | Average Earnings per person (Male) (right axis) | |
2009 | 292 | 427 | 67548.2739726027 | 144796.316159251 |
2010 | 320 | 520 | 76405.571875 | 161423.088461538 |
2011 | 324 | 510 | 84425.9867901235 | 154447.549509804 |
2012 | 392 | 603 | 78622.4921173469 | 158937.305870647 |
2013 | 432 | 602 | 75790.0300925926 | 160691.700996678 |
2014 | 529 | 759 | 75757.8998109641 | 169249.588932806 |
2015 | 593 | 874 | 85816.5244519393 | 196344.962242563 |
2016 | 677 | 995 | 88658.1698670606 | 194155.656281407 |
2017 | 798 | 1151 | 98652.8796992481 | 233065.626411816 |
2018 | 739 | 1232 | 91701.0622462788 | 277104.085227273 |
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) € | |
2009 | 292 | 427 | 37 | 42 | 67,548 | 144,796 |
2010 | 320 | 520 | 37 | 42 | 76,406 | 161,423 |
2011 | 324 | 510 | 38 | 42 | 84,426 | 154,448 |
2012 | 392 | 603 | 38 | 42 | 78,622 | 158,937 |
2013 | 432 | 602 | 37 | 42 | 75,790 | 160,692 |
2014 | 529 | 759 | 38 | 42 | 75,758 | 169,250 |
2015 | 593 | 874 | 38 | 41 | 85,817 | 196,345 |
2016 | 677 | 995 | 38 | 41 | 88,658 | 194,156 |
2017 | 798 | 1,151 | 38 | 40 | 98,653 | 233,066 |
2018 | 739 | 1,232 | 38 | 40 | 91,701 | 277,104 |
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.
Next Chapter >> Income and Expenditure
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