College salaries way off mark
Published 18/09/2010 | 05:00
ORDINARY working people who look back on the so-called boom years and wonder why the rising tide never seemed to raise their particular boats will be interested to learn how university staff awarded themselves glittering prizes with abandon and without official sanction.
While the Celtic Tiger ignored many private-sector workers, the senior public servants in the country's seven universities reaped astonishing rewards. Staff salaries in the colleges cost the Exchequer more than €1bn in a single academic year -- 2007-2008.
An investigation by the Comptroller and Auditor General has revealed a degree of remuneration that will surprise those who liked to believe that a vocation to educate -- even at the highest level -- is its own reward.