Hire your remote team in Ireland

Only 399 EUR per employee per month

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Hiring a remote team in a country as Ireland comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Ireland. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

A remote team

1. Hire a remote team in Ireland with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Ireland, particularly if you don't have established local relationships. You can hire employees in Ireland effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Ireland.

As an employer of record, we help you hire employees and run payroll services in Ireland, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Ireland.

It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.

If you wish to hire a remote team in Ireland or individually hire remote employees in Ireland, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.

Send us a message so we can talk about how Rivermate’s Employer of Record Ireland services can best help your company!

3. Hire a remote team in Ireland

Ireland is ranked fifth in the world on the free economy index, making it one of the friendliest free-market countries. According to Statistics Times, Ireland's economy will be the 29th biggest in the world by 2020. Ireland's economy is highly developed, attracting many individuals and businesses from across the globe to take advantage of the wonderful prospects offered. The nation has a population of 4.95 million people and a 5.16 percent unemployment rate. Inflation has also remained modest, at at 0.86 percent.

Ireland is a lovely nation with a vibrant work and lifestyle culture. The United Nations Development Programme's Human Development Index (HDI) ranks Ireland second out of 189 nations worldwide. This implies that the literacy rate, life expectancy, and Gross National Income (GNI) are much higher than in most other nations. This makes Ireland an enticing European location for tourists, higher education, and employment.

4. Cost of living in Ireland

Ireland's cost of living is $1974, which is 2.12 times more than the global average. Ireland ranks ninth out of 197 nations in terms of cost of living and fourth in terms of quality of life.

In Ireland, the average after-tax wage is $2875, which is enough to pay living costs for 1.5 months.

5. Cost of renting in Ireland

According to Numbeo, Ireland has the world's 12th highest cost of living in 2021. Its cost of living is about 12% greater than that of the United States. Even rent in Ireland is around 7% more than in the United States.

The cost of renting a property is impacted by its location as well as its size. Cities such as Galway, Dublin, Cork, and Limerick are among the most costly in Ireland, therefore renting will be costlier as well.

6. Major industries in Ireland

Ireland is one of the world's richest nations. The main industries in the nation are related to the use of natural resources present in Ireland. Fishing, mining, agriculture, and forestry are some of the country's key core businesses. Despite the fact that the nation possesses vast agricultural areas, the agro-sector accounts for just approximately 0.9% of GDP. The primary mining elements are lead, alumina, and zinc. Gold, copper, gypsum, and limestone are among the other minerals. Ireland is Europe's greatest zinc producer and the second-largest lead producer. The Irish coastline was formerly rich in fisheries resources, but overfishing has depleted them, causing the fishing businesses to convert to aquaculture. Natural gas extraction is another big industry in Ireland.

Another important business in Ireland is the pharmaceutical and medical industry. There are around 100 enterprises active in the production of pharmaceuticals and research. This industry now generates a significant amount of employment and export value.

The country's IT sector is expanding. Many large corporations have established themselves in the nation, providing massive employment and billions of euros. The nation boasts roughly 200 enterprises, including some of the world's largest ICT companies, such as Facebook, Apple, Microsoft, PayPal, Amazon, Twitter, and LinkedIn.

Ireland has one of the most developed financial service industries, supporting over 35,000 people and producing over 2 billion euros in tax revenue. Ireland's financial services industry stagnated during the 2008 financial crisis, but it has already surpassed that period and is on the right track.

Trade and export are very important to the Irish economy. Ireland has created a reputation for itself in the commercial world, particularly in Europe, through exporting manufactured goods, IT goods, services, and minerals.

7. Hiring cost in Ireland

The cost of hiring in Ireland is determined by various aspects that firms must consider while performing recruitments, including as

- Expense on hiring agency,

- Applicant tracking program/software,

- Conducting interviews and calls,

- Training cost, and the opportunity cost in terms of salaries and other benefits.

Hiring costs in Ireland have risen dramatically as the demand for technological talents has soared.

8. Employment laws Ireland

Employee unjust dismissal, minimum notice, minimum salary, redundancy compensation, working hours, adoption and parental leave, maternity and paternity protection, equality and discrimination, and health and safety are all covered under Irish employment law.

9. Top skills Ireland

Ireland boasts the world's fifth freest economy, making it an ideal location for employment and entrepreneurship. Increased foreign investment and the formation of new businesses have resulted in a growth in a variety of talents across many sectors.

If you are an employer looking to hire remote employees from Ireland, the following skills are what you can expect from them:

- IT companies are searching for technical expertise in programming languages such as Python, C++, and others.

- Finance, accounting, and taxes experts are in high demand in the business and finance industries.

- The medical field is in need of experts such as gynecologists, oncologists, emergency medicine doctors, and so on.

- Engineers, scaffolders, plumbers, carpenters, architects, and other construction workers are in high demand.

- Drivers and logistics professionals are in high demand in the transportation industry.

10. Economic landscape in Ireland

Based on GDP, Ireland is the world's 29th biggest economy. In 2019, the country's economic growth rate was 5.92 percent, down from 8.95 percent in 2018. The cause of the drop may be traced back to the epidemic. The service sector (56.72 percent), the industrial sector (35.18 percent), and the agriculture sector make up the Irish economy's GDP distribution in 2019. (0.9 percent). The service industry employs 76.98 percent of all people in Ireland, followed by the industrial and agricultural sectors, which employ 18.53 percent and 4.49 percent, respectively.

11. Market size in Ireland

Ireland is a tiny nation with a lot of manufacturing power. Almost 85 percent of the country's output is exported. Despite being struck by one of the world's worst pandemics, Ireland's real GDP is expected to rise at a 4.2 percent annual pace, according to an OECD analysis. The survey also said that the economy may have seen an increase in unemployment rates in recent years. The country's GDP per capita exceeded that of 60% of OECD members. Healthcare, labor market, environment, housing, and increasing competition and regulation have been designated as economic objectives for the future years.

12. Minimum wage in Ireland

The hourly minimum wage in Ireland is based on age. For employees with age 18, the minimum wage is 8.16 EUR per hour. For employees with age 19, minimum wage is set at 9.18 EUR per hour. For employees 20 years and older, the minimum wage is set at 10.20 EUR per hour.

13.Why choose Rivermate to hire your remote team in Ireland?

Establishing an entity in Ireland to hire a team takes time, money, and effort. The labor law in Ireland has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into Ireland simple and effortless. We can assist you with hiring your preferred talent, managing HR and payroll, and ensuring compliance with local legislation without the hassle of establishing a foreign branch office or subsidiary. Our PEO and Global Employer of Record (EOR) solutions in Ireland give you peace of mind so you can focus on running your business. Please contact us if you'd like to learn more about how Rivermate can help you hire employees in Ireland via our Employer of Record (EOR) / PEO solution.

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