Oireachtas Joint and Select Committees

Wednesday, 8 February 2023

Committee on Budgetary Oversight

Report of the Commission on Taxation and Welfare: Discussion (Resumed)

Mr. Shane Conneely:

Relative to other states, we are doing pretty well. The thing to consider within the tech sector is that it is a global market and a global talent market as well. As expensive as IT talent is in Ireland, it is relatively less expensive than other competitor markets. The cost of employing people in Los Angeles will be considerably more than in Dublin. That is a factor or feature within it. Therefore, we have not been as greatly affected as other parts of the world.