International financial services staff numbers continue to rise

Friday 04 April 2014 19.10
35,700 are now working in the international financial services sector here
35,700 are now working in the international financial services sector here

The number of people working in international financial services in Ireland has risen by 6,000 since 2009.

A new report from Financial Services Ireland, a division of employers group Ibec, shows 35,700 are now working in the sector here.

While the bulk of that is concentrated in Dublin's International Financial Services Centre, 10,000 of those jobs are located outside Dublin. 

The average salary in the industry is estimated in the report as €67,000. 

The level of employment is up 20% since 2009 but the corporation tax take is up just 3% over the same period. Corporation Tax paid on profits made by international financial services sector was €1 billion last year.