Thursday, October 25, 2007

Ireland-Bertie strikes gold

The Review Body on Higher Remuneration in the Public Sector has recommended that the Taoiseach Bertie Ahern should receive a pay rise of €38k. This will bring his annual salary to €310,000. This makes him one of the best paid leaders in world politics.

It is interesting to compare the salaries of some world leaders:
  • Angela Merkel (German Chancellor) €311,778
  • Bertie Ahern (Ireland) €310,000
  • George W Bush (USA) €284,000
  • Gordon Brown (UK) €268,000
  • John Howard (Australia) €206,000

The Review Body on Higher Remuneration in the Public Sector has further recommended that around 1600 senior staff including Ministers and Junior Ministers, the judiciary, top gardaí and heads of Government departments and state agencies should receive average increases of 7.3% The total cost of the increases will be around €16m a year.

Minister for Finance Brian Cowen has begun to slash public expenditure which is rising at a rate of 13%. Reductions in front line services at hospitals is further fueling hostility to the Government. There are indications that benchmarking will disappoint many public servants. The inflation rate of 4% remains stubbornly high. Unemployment has begun to rise. This Government has entered choppy waters. These rises will inflame public opinion.

The Taoiseach's salary of €310,000 should certainly add an edge to the leadership ambitions of several Cabinet Ministers.

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