Shelving semi-state pay review ‘wrong signal’, says FF TD
Michael McGrath, vice-chair of the Oireachtas Finance Committee, said chief executive pay in the commercial semi-state sector was “excessive” and needed to be cut.
He was responding to yesterday’s Irish Examiner report which revealed that Mr Lenihan had not proceeded with a promised review, despite the fact that some semi-state bosses enjoy packages worth €500,000 a year.