Average annual salary falls to €40,775

The average worker’s wage fell to under €41,000 last year — a drop of over 4.5% since 2008.

According to the latest figures from the CSO, the average annual salary fell from €41,226 in 2010 to €40,775 last year — a drop of 1.1%.

This figure includes other labour costs such as PRSI, tax and the pension levy introduced in the public sector in Mar 2009. If such costs are not included, the average annual earnings amounted to €35,905 last year, down from €36,117 in 2010.