04/07/2011
Employers Group Urges Pay Freeze
A group representing employers has told its members to continue operating pay freezes for at least the next year.
The Irish Business and Employers Council (IBEC) published its latest pay survey on Monday calling for pay freezes to continue in 2011 and 2012.
The group said that companies should "not entertain" pay claims given the economic climate.
IBEC director of industrial relations, Brendan McGinty said: “The vast majority of firms had wage freezes in both 2009 and 2010, and this trend is set to continue for the remainder of 2011 and into 2012.
"Seven out of 10 companies expect no change or a fall in their 2011 pay bill, with 73% freezing basic wage rates. The average expected change to basic pay rates in 2011 is flat at -0.12%, and about 6% of companies are planning pay reductions."
Mr McGinty added that early indicators for 2012 showed two thirds of companies expected their pay bill to stay the same or reduce, with 67% planning to freeze basic wage rates.
Meanwhile, Taoiseach Enda Kenny is to deliver the keynote address at the Irish Congress of Trade Unions biennial conference in Killarney, Co Kerry, on Monday afternoon.
Mr Kenny is expected to address the issues of pay, jobs, the economy, collective bargaining rights, social partnership and controversial reforms of Joint Labour Committee wage systems for 200,000 low paid workers.
(DW)
The Irish Business and Employers Council (IBEC) published its latest pay survey on Monday calling for pay freezes to continue in 2011 and 2012.
The group said that companies should "not entertain" pay claims given the economic climate.
IBEC director of industrial relations, Brendan McGinty said: “The vast majority of firms had wage freezes in both 2009 and 2010, and this trend is set to continue for the remainder of 2011 and into 2012.
"Seven out of 10 companies expect no change or a fall in their 2011 pay bill, with 73% freezing basic wage rates. The average expected change to basic pay rates in 2011 is flat at -0.12%, and about 6% of companies are planning pay reductions."
Mr McGinty added that early indicators for 2012 showed two thirds of companies expected their pay bill to stay the same or reduce, with 67% planning to freeze basic wage rates.
Meanwhile, Taoiseach Enda Kenny is to deliver the keynote address at the Irish Congress of Trade Unions biennial conference in Killarney, Co Kerry, on Monday afternoon.
Mr Kenny is expected to address the issues of pay, jobs, the economy, collective bargaining rights, social partnership and controversial reforms of Joint Labour Committee wage systems for 200,000 low paid workers.
(DW)
Related Irish News Stories
Click here for the latest headlines.
20 July 2015
Ibec Slams Proposals By The Low Pay Commission
Ibec has slammed plans by the Low Pay Commission for a 50c increase in the national minimum wage. The group, which represents Irish business, said the case is at odds with all the economic evidence. It also said the increase would heap pressure on companies still struggling to stay in business.
Ibec Slams Proposals By The Low Pay Commission
Ibec has slammed plans by the Low Pay Commission for a 50c increase in the national minimum wage. The group, which represents Irish business, said the case is at odds with all the economic evidence. It also said the increase would heap pressure on companies still struggling to stay in business.
02 November 2018
Time For Govt To Act On Gender Pay Gap
Marking EU Equal Pay Day 2018, Labour has said that it is time for the Government to act on the Gender Pay Gap in Ireland. Last month, the Seanad passed all stages of the Irish Human Rights and Equality Commission (Gender Pay Gap) Information Bill 2017, a Private Members Bill initiated by the Labour group in the Seanad.
Time For Govt To Act On Gender Pay Gap
Marking EU Equal Pay Day 2018, Labour has said that it is time for the Government to act on the Gender Pay Gap in Ireland. Last month, the Seanad passed all stages of the Irish Human Rights and Equality Commission (Gender Pay Gap) Information Bill 2017, a Private Members Bill initiated by the Labour group in the Seanad.
30 January 2009
Pay Freeze Looming As Recession Bites
The cold wind of recession is blowing on Irish pay packets as a survey of businesses has found that around 90% of staff are facing either pay cuts or pay freezes this year. The survey of 350 businesses in Dublin found that pay cuts would be up to 10% during 2009.
Pay Freeze Looming As Recession Bites
The cold wind of recession is blowing on Irish pay packets as a survey of businesses has found that around 90% of staff are facing either pay cuts or pay freezes this year. The survey of 350 businesses in Dublin found that pay cuts would be up to 10% during 2009.
10 April 2008
Ryanair Pocket €50m
Ryanair has made annual savings of more than €50m by renegotiating its airport contracts. The budget Irish airline has also quietly extended its management pay freeze to encompass 'more than half' the airline's staff. The cost cutting drive comes as the airline struggles with rising fuel prices.
Ryanair Pocket €50m
Ryanair has made annual savings of more than €50m by renegotiating its airport contracts. The budget Irish airline has also quietly extended its management pay freeze to encompass 'more than half' the airline's staff. The cost cutting drive comes as the airline struggles with rising fuel prices.
09 January 2008
Thousands Of Public Sector Staff Chilled By 'Pay Freeze'
About 300,000 nurses, teachers, policemen and women and other public servants won't be awarded any pay increases.
Thousands Of Public Sector Staff Chilled By 'Pay Freeze'
About 300,000 nurses, teachers, policemen and women and other public servants won't be awarded any pay increases.
-
Ireland WeatherToday:The day will be very windy with strong to gale force westerly winds becoming occasionally severe along the north coast. Sunny spells will be interspersed with scattered showers. Maximum temperature 8 °C.Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.