Limerick | Salary Guide for Ireland
Limerick | Salary Guide for Ireland

Limerick 2024

41% of People Work Remote Half of the Time

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The Home of Innovation, Prosperity, and Sustainability

Dedicated to fostering innovation, economic prosperity, and sustainability, Limerick has earned a reputation as the country's most future-focused city.

 The mid-west region is an economic powerhouse served by transport and logistics hubs at Shannon-Foynes Port and Shannon International Airport. Add this to its highly skilled graduate’s availability from its three third-level institutions and you have a lively and burgeoning city that continues to revitalise itself from the city centre outwards.

Learn why the future of your organisation is in Limerick.

The Home of Innovation, Prosperity, and Sustainability

Growth in Limerick and the Mid-West

In the mid-west region of Ireland, over 26,000 people are employed by multinational foreign direct investment (FDI) companies. The majority of these employers focus on the life sciences, engineering, and technology.

In Limerick itself, nearly 9,000 people are directly employed by Enterprise Ireland-backed firms, equating to just under 10% of the working population.

Strategically positioned FDI centres in the region include the National Technology Park, Raheen Business Park, and areas near Shannon Airport. These bases, located near transport and educational hubs, underscore Limerick's commitment to facilitating global business ventures.

Over the past 12 months, the region has seen the establishment of numerous new companies in the technology and pharmaceutical sectors, which reinforces Limerick’s position within these industries. For example, Eli Lilly is currently investing more than €400 million in a new manufacturing facility in Limerick.

Prominent employers in the mid-west include industry leaders such as Carelon, Eli Lilly, Regeneron, Johnson & Johnson, Zimmer, Edwards Life Sciences, Fiserv, Stryker, Analog Devices, Jaguar Land Rover, and STATS. These key players underscore the region's appeal and serve as driving forces behind its burgeoning success in the technology and pharmaceutical industries.

Enterprise Opportunities: Candidate Quality and Education

In addition to serving as a destination for international business, Limerick boasts a large student population focused on science, technology, and engineering, which fuels the local talent pool. Three third-level institutions produce 6,000 graduates each year. The vibrant student population, of over 24,000, is enriched by a diverse mix of international students hailing from over 100 countries.

The University of Limerick (UL) stands out as one of Ireland's most respected universities with strong ties to business and industry, including the Nexus Innovation Centre, which supports new businesses and job creation. Moreover, the National Technology Park is adjacent to the university's campus.

In addition to UL, Technological University of the Shannon: Midlands and Midwest (TUS) and Mary Immaculate College (MIC) contribute significantly to the educational landscape.

Students pursuing STEM subjects represent one-third of the graduates from both UL and TUS. This emphasis on science, technology, engineering, and mathematics underscores the institutions' dedication to producing graduates equipped for success in Limerick's science and technology-driven professional environment.

Most In-Demand Roles across the Mid-West

Limerick is currently seeing a demand for roles within the technology sector. The positions companies are having the most difficulty filling include: 

  • Engineers across all sectors (pharma, medical devices and, manufacturing)

  • Data science

  • QA test

  • Customer support

  • Architects

  • Finance

  • IT support

  • Human resources

Top Benefits of Working in Limerick

Leading employers in the region are dedicated to offering appealing remuneration packages to attract and retain top talent. They actively seek feedback from their employees and adjust their offerings in line with market trends to ensure competitiveness. Some of the most prominent benefits include:

  • Hybrid working arrangements

  • Healthcare

  • Pension matching

  • 25 days annual leave

  • Annual bonuses

  • Restricted Stock Units (RSU) options

  • Work-life balance

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Download the Cpl Salary Guide for Ireland | 2024

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