ESB to cut pay of 695 staff up to 17%

The 695 workers at ESB’s Powergen section are to have their pay cut by up to 17%.

With €5.3m in savings required from payroll at the power generation unit, the ESB’s internal joint industrial committee decided that tiered paycuts should be introduced.

The cuts will start at 11% for those at the lower end of the payscale and will rise to 17% for those at the top.