Public sector pay - ESRI figures show pay cut is inevitable

THE Economic and Social Research Institute is expected to confirm tomorrow that State employees earned up to 25% more than private sector workers in 2006.

Public sector pay - ESRI figures show pay cut is inevitable

In the three years since those comparisons were made it is certain the gap has widened as so many private sector workers accepted cuts in an effort to stay in work.

Public workers had a pension levy imposed in that same period. The ESRI found that in 2003, public sector workers earned on average 9.7% more than their private sector counterparts — but that by 2006, that gap had widened to 21.6%. However, when a value is placed on public sector pensions that gap widens to almost 25%. The ESRI observed their valuation of public pensions is conservative.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

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

© Examiner Echo Group Limited