The methodolgy that ESRI used was OLS - Ordinary least squares. It's part of Econometrics.
see links: Econometrics - Wikipedia, the free encyclopedia.
In other post- X-ray was spot on as he commented that re difference between the head of a small bankrupt mutual building society was on millions a year and the the head of FAS etc also lived on another planet.
Brian Cowen said that the ESRI data was wrong as it didn't contain the levies, salary cust etc. ESRI data was discredited as it only dented ESRI reputation.
Brian Cowen said the CSO figures were wrong for that reason
Cowen: Public sector pay data wrong | Irish Examiner
DATA showing public sector pay increased over the last year is incorrect, Taoiseach Brian Cowen has stressed.
The figures from the Central Statistics Office showed average weekly earnings in the public service — excluding the health service — rose by 3.2% in the year to June.
In money terms, the increase meant the average public sector worker’s pay rose from €942.81 a week to €973.09.
See Link :
News Information : Impact Trade Union
It cant and it did not. I bet it has decreased by a huge amount, if what I am seeing in my work place is mirrored elsewhere costs have dropped like a stone. This info will not be released until it fits the agenda. That is why the CSO and ERSI are a joke, the only supply info to suit agendas that they are pushing. They have taken sides, anyone who does that is not to be trusted as a source of primary information.
I ask again is anyone seriously saying the state paid more money to employ its staff this year?
Extract:
This paper provides a sub-sectoral analysis of changes in the public-private sector pay gap in Ireland between 2003 and 2006.
We find that between March 2003 and October 2006 the public sector pay premium increased from 14 to 26 per cent and that there was substantial variation between subsectors of the public service.
Within the public service the premium in 2006 was highest in Education and Security Services and lowest in the Civil Service and Local Authorities.
In the private sector the pay penalty in 2006, relative to the public sector, was most severe in Hotels & Restaurants and in Wholesale & Retail and least severe in Financial Intermediation and Construction.
The paper tests for the sensitivity of the pay gap estimates using a matching framework, which provides a stronger emphasis on job content, and finds the results to be broadly comparable to OLS.
Finally, the study highlights the problems associated with controlling for organisational size in any study of the public-private pay gap in Ireland.
It refers to 2003-2006. So it was an outdated data.
Last edited by Disabled student; 31st October 2009 at 06:08 PM. Reason: typo
It's quite clear that it did. The only thing missing from the CSO figures are the pension levy. Without the pension levy the gross pay bill should be either 0% changed or negative due to the loss of temporary staff, people retiring and others leaving the service.
Instead it increased.
I am not claiming the pay bill increased when the pension levy is included however I am claiming it should not have increased without it being included.
X-Ray mentions profitable private sector companies. Who? Where?
Most private sector busineses I am aware of are finding conditions very difficult, with many job losses and more pending.