If you decide to change jobs after a year (and that is a year of reckonable residence, as proved by the GNIB stamp in your passport), the new employer would have to sponsor you for a new work permit (which either he can pay for, or you can). If you do this, it would also "reset the clock" on you getting a Stamp 4 - you will need to spend another two years with that new employer.
If you stay with the same one, you can get a Stamp 4 after two years. The procedure has changed a little bit now. So, about 6 weeks before your work permit expires, you need to send a form and some documentation to the Department of Justice and Equality, and they will send you back a letter saying you're "good" to register with the Gardai for the Stamp 4. Then, you can take that letter to the GNIB, and get a Stamp 4.
The form and documents you will need are here: http://www.djei.ie/publications/labour/ ... letter.pdf
More details, as usual, under "Renewals" here: http://www.djei.ie/labour/workpermits/c ... illsep.htm
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