Semi-state staff still getting bonuses
STAFF in commercial semi-state companies have not been hit with pay cuts over the past three years – and in some cases have enjoyed bonuses.
A survey shows that despite some companies recording losses, performance-related payments and increments continue to be paid despite the firms being in financial trouble.
The lack of pay cuts comes despite employees in non-commercial state agencies being forced to endure pay cuts and changes to their terms and conditions, imposed under the 2010 Croke Park deal.
A survey of 20 commercial semi-states shows that just three companies, all of which employed fewer than 30 people, cut pay for employees.
It also showed that some workers enjoyed high salaries, with average pay per worker in national grid operator EirGrid running at €77,102 and €76,507 at the Railway Procurement Agency (RPA), which is working on the new Luas Cross City line.
While the ESB recently announced pay cuts ranging from 11pc to 17pc for power generation workers, Bord Gais Eireann and Iarnrod Eireann – which employ 5,000 – both pay increments.
Bord Gais said it had agreed a deal with unions to move from an increments system to performance-related pay, which would arise where specific targets were reached.
The deal is intended to save €34m over four years. The company has a pay freeze in place which will remain until 2016.
Iarnrod Eireann said it paid increments to staff who were entitled to receive them. It added it was in talks with the unions about further cost savings.
Bord na Mona, Coillte and An Post also have bonus schemes in place for some staff.
An Post, which recorded an operating loss of €17.5m last year, said performance-related pay was made to staff on the mail and retail side of the business, but that nothing had been paid for 2012. A spokeswoman added that senior management had not received any bonus since 2008.
Bord na Mona could not be reached for comment.