Financial services professionals in Ireland facing two years without a pay rise

This shouldn't come as a huge surprise in these austere times, but the vast majority financial services professionals in Ireland received no salary increases in 2010, and 2011 is already tipped to be another belt-tightening year for the industry.

Recruiter Morgan McKinley has unveiled its 2011 salary survey, and financial services pay packets in Ireland have remained relatively unchanged since 2009. Sadly, employers seem unlikely to dig any deeper this year.

There are a few exceptions, where certain key areas have seen "moderate" salary increases. These include within the fund administration sector, compliance, risk management and for those employed by international banks.

"Job flow and therefore salaries are static in most areas associated with domestic banking and financial services while international FS companies are in growth mode and are offering competitive salaries and packages to attract staff," says Matt Doyle, financial services consultant at Morgan McKinley in Ireland.

Here's what you should be expecting in a selected number of financial services roles in Ireland:

Source: Morgan McKinley