Written answers

Thursday, 9 February 2017

Department of Jobs, Enterprise and Innovation

Job Creation

Photo of Bríd SmithBríd Smith (Dublin South Central, People Before Profit Alliance)
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14. To ask the Minister for Jobs, Enterprise and Innovation if, before welcoming any future announcement of new jobs created, she or her Department will investigate the actual working conditions and employment contracts of workers involved; and if she will make a statement on the matter. [6201/17]

Photo of Mary Mitchell O'ConnorMary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
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I am confident that IDA client companies generally offer excellent jobs which have significantly positive impacts on communities across the country. The quality of these roles is partly reflected by remuneration levels. In 2016, the average salary in IDA client positions was €51,237, an increase of over €2,000 per year from 2015. This is significantly above the national average annual earnings of €45,075 in 2015. These salary levels are sustained by the high value jobs which we target in a diverse range of key sectors including international financial services, technology, life sciences and engineering.

We should remember as well that jobs created by foreign direct investment drive other economic activity in the State. It is estimated that every ten positions created by an IDA client company support a further seven jobs elsewhere in the economy. When these jobs are included, the total employment impact of IDA Ireland clients extends to approximately 340,000 people.

As regard the terms and conditions of FDI-related employment, all companies operating in Ireland, whether domestic or overseas, are subject to a range of employment-related legislation. This legislative framework provides certainty for the country’s labour market and ensures that workers are treated fairly under the law.

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