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Wednesday, May 13, 2009

Corrupt Irish government cheating their citizens on pay cuts!

Interesting story.


After several months of negotiations with trade unions, the private and public sector workers agreed to cut their salaries by 10%. The private sector promptly implemented the cuts. Now, it turns out that the Irish government did indeed cut wages by 10%, but also moved 340,000 of their civil servants (probably a majority of the employed) up the pay scale ladder on the basis of time served. Not only it cancelled out the pay cuts but resulted in the overall payroll increase by 250million eu or ~735 eu MORE per employee!

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