Ibec calls for wage control

Ibec has warned that, while company sentiment towards rising pay is improving, “highly inflated” public sector pay claims are “at odds” with Ireland’s current economic reality and “what is reasonably affordable”.

Ahead of its HR Leadership Summit in Croke Park today, the employers’ representative body said while most companies are in a position to award modest pay rises, not all are growing at the same rate and that needs to be reflected in wage expectations.

“We’re heading firmly in the right direction, and unemployment is likely to fall below 8% this year. It’s crucial we stay on this positive path and don’t jeopardise these very real and important successes,” said Ibec’s director of employer relations Maeve McElwee, yesterday.