Saturday 20 January 2018

Worker at Rehab given €300,000 redundancy pay-off

Rehab CEO Mo Flynn
Rehab CEO Mo Flynn

Gordon Deegan

One departing staff member at Rehab received salary and redundancy payments of between €300,000 and €310,000 last year.

That is according to the charity's 2015 annual report which shows it paid out redundancy sums of €1m to its departing staff. This followed €3.2m paid out in redundancy to its best paid staff in 2014.

Total remuneration, including redundancy costs to Rehab's General Management Team last year amounted to €2.49m.

The €1m redundancy pay-out to its best paid staff allowed another employee to receive through salary and redundancy payments between €270,000 and €280,000 last year.

The amount that Rehab received through 'Lottery and donations' plunged by 44.5pc going from €7.5m to €4.1m.

The report confirms that current CEO, Mo Flynn receives a salary of €140,000.

Rehab agreed new pay levels from the start of 2015 representing an average salary reduction of 18.55pc for top earners.

The organisation's total staff bill for 2015 was €96m with 3,234 employed. Rehab last year recorded a modest profit of €32,000 after revenues increased from €159m to €160m.

This represents a significant improvement on 2014 when a loss of €3.3m was made, chiefly from redundancy costs.

A statement from Rehab yesterday stated: "Rehab has moved beyond the issues which arose in 2014. A strong foundation has now been created for the organisation as it pursues its Five Year Strategic Plan, which places people at the very heart of everything that it does."

Irish Independent

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