State agricultural agency Teagasc has 24 staff earning more than €100,000

There are 24 high fliers at State agricultural agency, Teagasc earning over €100,000.
State agricultural agency Teagasc has 24 staff earning more than €100,000

The annual accounts for 2014 provides details of the top earners at the agency for the first time following a 2014 Department of Public Expenditure circular that requires State funded agencies to outline employee benefit details greater than €60,000.

Teagasc provides integrated research, advisory and training services to the agricultural sector and employs over 1,100 staff across the country.

The agency has four staff earning in excess of €140,000 with its director, Prof Gerry Boyle earning €153,000 down from €159,000 in 2013.

Prof Boyle is the only employee earning between €150,000 and €160,000 with three earning between €140,000 and €150,000. Prof Boyle was re-appointed to a second term in July of last year. His remuneration is made up of €141,000 salary and €12,000 in benefit in kind relating to a car.

The accounts show that a further 17 staff receive pay between €100,000 and €110,000 with three more in receipt of pay between €110,000 and €120,000.

In June of this year, Teagasc paid €399,593 in settlement of a Vat liability to Revenue in final settlement of the case. Comptroller and Auditor General, Seamus McCarthy said the Vat settlement relates to the non-payment of Vat on goods and services procured by Teagasc over the previous four years.

The pay-out includes penalties of €9,327 and interest of €79,358.

Teagasc chairman, Dr Noel Cawley, said: “Teagasc has strengthened controls and delivered additional training to prevent a recurrence of this issue.”

The agency’s income totalled €189.7m that was made up largely of State funding of €127m representing 67% of income and operational income of €27.7m. Its spend last year totalled €190m.

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited