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Thread: Bus Éireann Chief's New Pay €184,000 Annually

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    Default Bus Éireann Chief's New Pay €184,000 Annually

    Just reading that chief executive of Bus Éireann Martin Nolan's pay will fall from €189,000 to €184,000 under the new terms of the agreement reached at the Labour Relations Commission. Isn't that still way too much for a CEO of a public transportation company in Ireland?

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    Politics.ie Member Clanrickard's Avatar
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    Quote Originally Posted by YouKnowWhatIMeanLike View Post
    Just reading that chief executive of Bus Éireann Martin Nolan's pay will fall from €189,000 to €184,000 under the new terms of the agreement reached at the Labour Relations Commission. Isn't that still way too much for a CEO of a public transportation company in Ireland?
    Not really. It depends on what the remuneration would be for a similar sized private company.

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    Its not totally out of line for a company of that size with revenue of a couple of hundred million, to be honest.

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    Politics.ie Member vision's Avatar
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    It is when the company is broke and needs to find millions in savings from somewhere.

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    It is completely off the wall in todays Ireland......
    ...if what our politicians are telling us about the Current budget defecit is true.

    Someone somewhere has to get teh 184,000 to pay this guy.
    This puts pressure on the organization to raise fares, which puts pressure on customers to pay higher fares, whcih puts pressure on employers to pay more wages to the people who use Bus Eireann.

    The day of "Magic money" from Europe is gone - so too should the day of "Silly Salaries" in Ireland.

    Ridiculous.

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    Quote Originally Posted by inthemire View Post
    It is completely off the wall in todays Ireland......
    ...if what our politicians are telling us about the Current budget defecit is true.

    Someone somewhere has to get teh 184,000 to pay this guy.
    This puts pressure on the organization to raise fares, which puts pressure on customers to pay higher fares, whcih puts pressure on employers to pay more wages to the people who use Bus Eireann.

    The day of "Magic money" from Europe is gone - so too should the day of "Silly Salaries" in Ireland.

    Ridiculous.
    CEO of Translink in the North earns £200,000 sterling and it is a smaller company even than Bus Eireann, ignoring the greater CIE Group. It isn't a magic money salary by any stretch. Its the higher end of what someone should be earning in a semi state group but its not above it. €70,000 less than the CEO of the DAA.

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    simeongrimes
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    There is no way of knowing just like there is no way of knowing what Joe Duffy should be paid. There is no market so the people who set the pay are only guessing.

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    Politics.ie Member Sync's Avatar
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    It's an organisation that employs 2500 people and provides service for millions of people a year. It takes a skill to run that company and you've got pay for that skill.
    I'm living in America, and in America, you're on your own. America's not a country. It's just a business. Now f***ing pay me.

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    Politics.ie Member louis bernard's Avatar
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    Quote Originally Posted by YouKnowWhatIMeanLike View Post
    Just reading that chief executive of Bus Éireann Martin Nolan's pay will fall from €189,000 to €184,000 under the new terms of the agreement reached at the Labour Relations Commission. Isn't that still way too much for a CEO of a public transportation company in Ireland?
    Considering it is over twice the salary of the Prime Minister of Spain, yes it is too much. Salaries paid to top public / civil service / semi state people are far too high in this country. These ridiculously high salaries will have to be cut much further.

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    Politics.ie Member drummed's Avatar
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    Quote Originally Posted by Sync View Post
    It's an organisation that employs 2500 people and provides service for millions of people a year. It takes a skill to run that company and you've got pay for that skill.
    But is it being run skillfully is the question? The accounts, the employee unrest and the level of service suggest it may not be.

    Brian Goggins got 4mill for running BOI 'skillfully'.
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