![]() |
|
| |||||||
This is a discussion on Any bets on the size of Public Sector pay cuts? within the Economy forums, part of the Topical Discussion category on Politics.ie. I reckon of the order of 15% anything much less would not have much of an impact on the Government ...
![]() |
| | LinkBack | Thread Tools | Display Modes |
| |||
| I reckon of the order of 15% anything much less would not have much of an impact on the Government Finances in the context of the present environment. That said the Public sector might save themselves a few bob and abandon their unions which have served them well over the last decade. There is a growing move by public sector workers to use Solicitors to represent them as opposed to union representation. so many workers are taking "stress related claims" against the State. Minor greviences morph very quickly into a period of stress related sick leave and a claim. The raft of rights based law in relation to workers rights has facilitated this transition. The Public sector unions are in decline as they can't get blood from a stone. Heard a union type on the radio this morning whingeing that the other EU countries spend a higher portion of GNP on their public service. We are moving in the direction as our GNP decreases. Mind you their GNP per capita used to be smaler than ours. It will be very difficult to sell a pay cut deal without putting compulsory redundancies on the table |
| |
| |||
| Both of you are dreaming. If you think thats going to happen across the board. I will lay a bet with anyone here that the reductions will be no higher than 2.5% for most rising incrementally for those on higher salaries.
__________________ Voters don't decide issues, they decide who will decide issues. George Will |
| |||
| So the spend is on a parity then? Still no justification for cuts.
__________________ Voters don't decide issues, they decide who will decide issues. George Will |
| |||
| Quote:
Tax receipts which fund public expenditure including substantial payroll costs are over 8bn lower (40bn v 48bn) and sinking fast over the next few years. There has already been tax increases and this government is prepared to increase our debt to 100% GDP in the next few years. Hopefully the 1.5bn is not given to Anglo to prevent some of this. I agree with you Kevin that this government wont stand over any pay cuts above 2.5%. It is madness for any company or country to borrow to meet payroll costs but that is the current government plan. |
![]() |
| Thread Tools | |
| Display Modes | |
| |
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| An Bord Snip Nua wants 20,000 public sector job cuts. | Digout | Current Affairs | 134 | 15th July 2009 10:02 AM |
| Up to 5bn in public sector cuts identified | NewsBot | Economy | 3 | 30th June 2009 02:07 PM |
| Ahern - Public Sector Pay Cuts On Agenda | Sierra | Economy | 13 | 25th January 2009 11:37 PM |
| The economics of mid-recession public sector pay cuts | feargach | Economy | 39 | 10th January 2009 05:40 PM |
| Give and Take For Public sector Pay cuts! | riker1969 | Economy | 207 | 7th January 2009 11:31 PM |
| |