Fairly worrying for the government’s FDI strategy if the sentiments from tech workers there are widespread. It’s hard to argue with some of the points made:
> They included a breakdown of their total compensation package, including restricted stock
allocation (RSU). This is a form of equity compensation for employees, a promise from an employer to give an employee shares in the company in the future, and a popular method of compensation in tech companies.
>”Hey blinders,I’ve got an offer from Workday Ireland (Dublin). Senior SDE, Base salary E110,000 per annum ,RSU allocation
$180,000, Sign on bonus like ok, for Dublin, for a family of three. What do you think?”
>A week later, after being advised by users Blind that the offer was “okay” but Dublin is a high-cost area and that others in Microsoft and Stripe were being offered more, the developer posted that they had renegotiated and got an updated offer of a €20,000 sign-on bonus and an RSU allocation of $199,000.
Companies having to negotiate benefits packages up
>Another user, working for Microsoft and earning $200,000 outside of Ireland, asked for advice on moving to Dublin to work as a senior people manager with Twitter and was told not to.
>”Visit it before you move. Dublin ain’t that exciting,’ wrote a user working at Twitter.
>Another worker at Oracle wrote that Dublin is good to start a career, but not for someone with years of experience.
Again, bad news if we start having trouble attracting and retaining experienced people.
>The reply came from a user working at Linkedln, who wrote: “Public transport is subpar and there’s very little to do beyond going to pubs and eating out in a restaurant
I think this is key to some degree. People will put up with a lot to move somewhere exciting. Dublin doesn’t really have that at its current price point. Rents are now above what you’d pay in almost all European and American cities. You’re now in a position of competing with New York, London, San Francisco, etc. Dublin just cannot compete there in any arena, other than “the craic” and that only goes so far.
It’s a place to retire but not to get ahead and make a life. Plus Dublin is barely a city compared to anywhere good.
OP do you have access to the full article and if so would you mind posting it here?
I met a silicon docks worker who said the only time they’d been outside the M50 in five years was for their regular trips to the airport. As stated in the article it’s a good career starting spot but the high cost make for a high turnover.
They said they never bothered getting to know Ireland because based on their city centre costs they could never envisage affording Ireland.
Edit to add another interesting thing they said was that because Irish colleagues lived away from the offices the international workers tended to have their own international worker social bubble that was very transient and very apart from the irish sphere, not dissimilar to living on a compound on an overseas posting.
Ireland definitely does not live up to the hype.
>The reply came from a user working at Linkedln, who wrote: “Public transport is subpar and there’s very little to do beyond going to pubs and eating out in a restaurant
Spot on
What’s the point of posting a link to a paywall site ? Paste the article in full if you want people to read it
Dublin is a good place to get your career started and improve the CV. Once you’ve achieved that it’s time to move
200€ per year to subscribe, f*ck you “the currency news”. Honestly.
Healthcare is great if you have private health insurance! Which is half the country!
And a lot of people way overestimate what Ireland can provide. Like, compare it to most Western European countries…
Shit public transport and shit internet infrastructure.
There was choices to be made a long time ago before this government started even and a lot of them just wanted to kick the can down the road. Our cities had to grow, but we didn’t want to move Dublin port, it would require a lot of jobs moving out of Dublin and the infrastructure changes would be huge. People didn’t want high rise in Dublin as something about the skyline and the village feeling of Dublin. People wanted the historic feel of Dublin protected. We wanted the high paying jobs and the money. Everyone the increase in land price and house value but no one wanted to lose out. Governments didn’t want to have to create public transport as they didn’t want the hassle of having to manage it. We tried to keep everyone happy and made small changes which is always easiest and cheapest. Some governments and ministers pushed for quick wins rather than long term strategy as long term doesn’t win votes. When I look back on the mistakes made in public policy I am astonished I didn’t pay more attention to the problems at the time. Am not convinced any political party can fix the problems that we face and they needed to start being fixed 5 years ago not now. And the housing problem was so fucking obvious am not sure how any politician, civil servant or academic could say that they wasn’t any warning signs even 5 years ago and why more drastic action wasn’t taken.
14 comments
Fairly worrying for the government’s FDI strategy if the sentiments from tech workers there are widespread. It’s hard to argue with some of the points made:
> They included a breakdown of their total compensation package, including restricted stock
allocation (RSU). This is a form of equity compensation for employees, a promise from an employer to give an employee shares in the company in the future, and a popular method of compensation in tech companies.
>”Hey blinders,I’ve got an offer from Workday Ireland (Dublin). Senior SDE, Base salary E110,000 per annum ,RSU allocation
$180,000, Sign on bonus like ok, for Dublin, for a family of three. What do you think?”
>A week later, after being advised by users Blind that the offer was “okay” but Dublin is a high-cost area and that others in Microsoft and Stripe were being offered more, the developer posted that they had renegotiated and got an updated offer of a €20,000 sign-on bonus and an RSU allocation of $199,000.
Companies having to negotiate benefits packages up
>Another user, working for Microsoft and earning $200,000 outside of Ireland, asked for advice on moving to Dublin to work as a senior people manager with Twitter and was told not to.
>”Visit it before you move. Dublin ain’t that exciting,’ wrote a user working at Twitter.
>Another worker at Oracle wrote that Dublin is good to start a career, but not for someone with years of experience.
Again, bad news if we start having trouble attracting and retaining experienced people.
>The reply came from a user working at Linkedln, who wrote: “Public transport is subpar and there’s very little to do beyond going to pubs and eating out in a restaurant
I think this is key to some degree. People will put up with a lot to move somewhere exciting. Dublin doesn’t really have that at its current price point. Rents are now above what you’d pay in almost all European and American cities. You’re now in a position of competing with New York, London, San Francisco, etc. Dublin just cannot compete there in any arena, other than “the craic” and that only goes so far.
It’s a place to retire but not to get ahead and make a life. Plus Dublin is barely a city compared to anywhere good.
OP do you have access to the full article and if so would you mind posting it here?
I met a silicon docks worker who said the only time they’d been outside the M50 in five years was for their regular trips to the airport. As stated in the article it’s a good career starting spot but the high cost make for a high turnover.
They said they never bothered getting to know Ireland because based on their city centre costs they could never envisage affording Ireland.
Edit to add another interesting thing they said was that because Irish colleagues lived away from the offices the international workers tended to have their own international worker social bubble that was very transient and very apart from the irish sphere, not dissimilar to living on a compound on an overseas posting.
Ireland definitely does not live up to the hype.
>The reply came from a user working at Linkedln, who wrote: “Public transport is subpar and there’s very little to do beyond going to pubs and eating out in a restaurant
Spot on
What’s the point of posting a link to a paywall site ? Paste the article in full if you want people to read it
Dublin is a good place to get your career started and improve the CV. Once you’ve achieved that it’s time to move
200€ per year to subscribe, f*ck you “the currency news”. Honestly.
Healthcare is great if you have private health insurance! Which is half the country!
And a lot of people way overestimate what Ireland can provide. Like, compare it to most Western European countries…
Shit public transport and shit internet infrastructure.
There was choices to be made a long time ago before this government started even and a lot of them just wanted to kick the can down the road. Our cities had to grow, but we didn’t want to move Dublin port, it would require a lot of jobs moving out of Dublin and the infrastructure changes would be huge. People didn’t want high rise in Dublin as something about the skyline and the village feeling of Dublin. People wanted the historic feel of Dublin protected. We wanted the high paying jobs and the money. Everyone the increase in land price and house value but no one wanted to lose out. Governments didn’t want to have to create public transport as they didn’t want the hassle of having to manage it. We tried to keep everyone happy and made small changes which is always easiest and cheapest. Some governments and ministers pushed for quick wins rather than long term strategy as long term doesn’t win votes. When I look back on the mistakes made in public policy I am astonished I didn’t pay more attention to the problems at the time. Am not convinced any political party can fix the problems that we face and they needed to start being fixed 5 years ago not now. And the housing problem was so fucking obvious am not sure how any politician, civil servant or academic could say that they wasn’t any warning signs even 5 years ago and why more drastic action wasn’t taken.
Dublin is becoming Luxembourg