Which is fair enough, but it has to be presented in a more realistic manner than the last one. This stuff of "Well gosh we're aiming for 5000 people to take up the offer" is rubbish.There will be another package across the public service prior to pay cuts apparently
Is he on 6K a week plus expenses?????? Sick..
"Lenihan Confirms Croke Park agreement safe"
Of course we also need to keep in mind that Lenihan's own big fat salary (6,000 a week) and his big fat pension's and his big fat UNVOUCHED expenses are also covered by the Croke Park agreement.
+1It sounds to me like a January election is on the cards and they will leave the pay cuts and mandatory redundancies to their successors. It has to be a damage limitation exercise.
The figures they have "leeked" so far or a least what has been speculated doesn't come anywhere near the 6 billion needed. Even redundancies take time to feed the deficite in real terms; when costs are factored in they weill actually increase it in the short term.
Either they are going to bring in higher personal or indirect taxes or I am reading this wrong.
I agree that those who didnt take the jump where duped, but not for the reasons you think.I have a large degree of sympathy for someone in the HSE who listens to this rubbish and passed up the generous redundancy offer that expired last week. They're the ones that will lose out the most on this, because the next offer isn't going to be anywhere near as nice.
The Croke Park deal is dead. There will be cuts in pay. There will be mandatory redundancies. Those who held out due to assurances by a govt no longer in full command of the economy will discover what a mistake that was.
To put it simply, when your company is saved from the brink by a hostile takeover, the promises of the previous management team are meaningless.
The pay cuts would need to be severe if only 28k are being cut. Also the order is wrong. Make the pay cuts now (on by Jan. 1st) to get immediate savings and to make redundancy cheaper (as it will be based on current salary) and more attractive.28,000 redundancies first then pay cuts