It’s been 9 months since I made the move back to Ireland after over 4 years in Australia. Announcing my (voluntary) decision to move back home was met with cautious optimism by family and friends; they were all quietly convinced that I would be regretting my decision after 6 months.
9 months later, I can say it’s been a roller-coaster ride of a transition, but ultimately I know I made the right decision and I believe there has never been a better time to move home.
1.Employment in Ireland
“There are no jobs in Ireland” – If I had a euro for every time I heard this statement then I would be a very rich lady.
People say this without any factual back up and thankfully it’s incorrect. In reality the unemployment rate fell to 9.9% by the end of March, according to the Central Statistics Office, putting it below 10% for the first time since 2008.
The latest Morgan McKinley Irish Employment Monitor registered a 42% increase in overall jobs coming on to the market in comparison to the same period last year.
Let’s face it, an Australian salary will always be higher than an Irish salary. However it’s important to remember that everything is on the high scale in Australia – from your weekly Coles shop to your monthly rent payment the cost of living is considerably higher than Ireland.
When you actually sit down and do the maths it’s likely you will discover that you have more disposable income in your pocket than you did whilst in Australia.
The Morgan McKinley Salary Survey analyses a wide range of job titles broken down by location and experience levels. The guide examines hiring, remuneration and benefits package trends.
Currently all 457 visa holders are eligible to claim back a refund of their superannuation once they have departed Australia. This can be a nice little nest egg – as its 9.5% of your income.
4.The banks are lending again
The Irish banks are back lending - Mortgage lending rose by 73 per cent in the first quarter of 2015 to € 983m
Australia was very good to me - Solid job, no visa concerns and a great support network of close friends. But as the saying goes there is no place like home. Yes I miss the beach but I don’t miss the obligatory Sunday skype sessions and that guilty feeling of being so far away from home.
Morgan McKinley specialises in the sectors of Accountancy & Finance, Banking & Financial Services, Engineering, IT, Tax and Practice, Supply Chain, HR, Multilingual, Science and Sales & Marketing. If you would like to discuss making the move back home then contact a consultant who specializes in your field.