Eirgrid chief defends employee bonuses

The head of the State’s electricity network has defended pay and bonuses for staff at the semi-state company, but claims figures quoted by economist Stephen Kinsella are wide of the mark.

Eirgrid’s CEO Fintan Slye refuted allegations that staff receive bonuses of up to 15% and that the average salary is €97,000.

According to Mr Slye, the correct figures are in the region of 10% and €67,000 respectively.