| New York, London, Dublin: Which would
you choose? BY JON MYLES
 THEY MAY be a world apart
in size — but the lure of Dublin beats New York for financial high-fliers.
A poll of financial professionals in London shows most would choose to
make the short hop across the Irish Sea rather than travel to America
if they were looking to relocate.
And what’s more almost half would take a pay cut simply for the
privilege of living in Ireland.
 A poll of over 1,400 financial
professionals working in London reveals more people would choose to move
to Dublin than New York if they could.
Almost three-quarters cited the lure of a better work-life balance as
the attraction.
People in the 30-40-year-old age bracket were keenest to move with 48
per cent saying they would take a drop in wages to live in Ireland.
According to the survey — carried out by leading financial careers
jobsite eFinancialCareers.com — 9 per cent of those looking to relocate
would opt for Dublin. It compares to just 6 per cent for New York.
EFinancialCareers.com editor-in-chief Ian Brown said: “Money alone
no longer seems to be the sole motivator for employees.
“These poll figures could be as high as they are because employees
wanting to strike a balance are frustrated by the demands placed on them
by employers.
“People see Dublin as a place to achieve that balance.
 “Interestingly
it is the more experienced professionals that are keenest to switch centres.
It is the 30-somethings not 20-somethings that are most drawn to Dublin.”
One financial worker said: “It’s not just the money that makes
a job attractive all the time.
“There are other things to consider like quality of life and for
many people Dublin represents the ideal balance between work and leisure.
“I think a lot of people would move there if they had the chance
— even more than would fancy New York because the pace of life there
would be similar to London.
“Ireland offers good money with a better lifestyle.”
Factfile
Of those expressing a desire to relocate to Dublin over 48 per
cent would be prepared to take a cut in wages to achieve their goal:
More than 34 per cent would take a pay cut from 5 per cent to 10 per
cent.
Some 10.3 per cent would take a pay cut from 10 per cent to 15 per cent.
Almost 3.5 per cent would take a pay cut up to 25 per cent.
Of those wanting to move:
Some 22.4 per cent are in the 30-35 age group.
Almost 21 per cent are in the 35-40 age group.
Of those professionals most interested in relocating to Dublin:
More than 10.3 per cent are investment bankers.
The same number are accountants.
Almost 7 per cent are asset managers.
Some 6.9 per cent are private equity/venture capitalists.
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