• Due to a glitch in the old vBulletin software, some users were "banned" when they tried to change their passwords at the end of February. This does not apply after the site was converted to Xenforo. If you were affected by this, please us viua the Contact us link in the footer.

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




Clanrickard

Well-known member
Joined
Apr 25, 2008
Messages
32,980

johnfás

Well-known member
Joined
Feb 22, 2007
Messages
2,727
Its not totally out of line for a company of that size with revenue of a couple of hundred million, to be honest.
 

vision

Well-known member
Joined
Oct 31, 2009
Messages
1,094
It is when the company is broke and needs to find millions in savings from somewhere.
 

inthemire

Well-known member
Joined
Feb 3, 2009
Messages
608
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.
 

johnfás

Well-known member
Joined
Feb 22, 2007
Messages
2,727
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.
 
S

simeongrimes

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.
 

Sync

Well-known member
Joined
Aug 27, 2009
Messages
28,776
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.
 

louis bernard

Well-known member
Joined
Apr 6, 2008
Messages
2,707
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.
 

drummed

Well-known member
Joined
Oct 22, 2010
Messages
37,436
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'.
 

johnfás

Well-known member
Joined
Feb 22, 2007
Messages
2,727
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'.
1) Its a public service company which is forced to run unprofitable routes. That isn't a bad thing but it is equally something which will necessarily result in poorer financial returns than would otherwise be the case.

2) Making the CEO of Bus Eireann pay to work there wouldn't bring the company back to profitability. In fact getting somebody with sufficient skill, guile and interest into the job is exactly what they do need to address their cost base.

3) There is a world of difference between €184,000 and €4,000,000. I'll let you do the maths.
 

bonkers

Well-known member
Joined
Oct 4, 2006
Messages
24,469
This chap gets a pay rise and they want the workers to take a pay cut. No wonder they went on strike.
 

loner

Well-known member
Joined
Jan 9, 2005
Messages
8,173

Sync

Well-known member
Joined
Aug 27, 2009
Messages
28,776
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'.
Then fire him. If he's not meeting set targets get rid of him. It's a nationwide service employing thousands, you need someone appropriate in the role. You've got to pay that person appropriately.
 
S

simeongrimes

1) Its a public service company which is forced to run unprofitable routes.

I wonder what's the most unprofitable route in the country according to BE. I bet somebody could make a profit out of it given the chance.
 

Sync

Well-known member
Joined
Aug 27, 2009
Messages
28,776
This chap gets a pay rise and they want the workers to take a pay cut. No wonder they went on strike.
....He's getting a pay cut. Jesus wept.
 

loner

Well-known member
Joined
Jan 9, 2005
Messages
8,173
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.
Yes but he is also overpaid and running what effectively is a monopoly
 

johnfás

Well-known member
Joined
Feb 22, 2007
Messages
2,727
1) Its a public service company which is forced to run unprofitable routes.

I wonder what's the most unprofitable route in the country according to BE. I bet somebody could make a profit out of it given the chance.
Unlikely, they simply wouldn't run it. Even if they could we come back to the point that if the CEO were to pay the company €500,000 to work there, they'd still be currently running a deficit.
 

Popular Threads

Most Replies

Top