Loose Change

Massive drop in salaries for new jobs as downturn continues

19th December, 2009

Salaries for new jobs have seen massive drops this year, according to a new salary guide by recruitment firm Hays. In its annual salary guide for Ireland, Hays revealed that salaries in the construction sectorhadfallenby30percent, while accountancy had taken the second-biggest hit, with reductions of up to 20 per cent.

In the IT sector, salaries dropped by about 15 per cent, while for those working in financial services, salaries fell by about 10 per cent,...

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