Comparing public and private sectors is not like for like
There are benefits and drawbacks to the system but any solution needs to address the cost-of-living crisis, writes Eoin O'Malley
Published 27/11/2016 | 02:30
The average weekly wage in the public sector is €906 compared to an average wage in the private sector of €645, according to Central Statistics Office data.
A top-of-the-head calculation shows this pay is about 40pc higher in the public sector. That's a big difference.
Given that we spend about a quarter of Government revenue on pay and pensions, we might think that, instead of devoting the State's resources to restoring public sector pay, we should think about cutting it further.