Pay constraints affecting hiring at Central Bank

Bank is having difficulty recruiting in the enforcement division

12th June, 2016
Ireland's central bank on Dame Street Pic: RollingNews.ie

The Central Bank’s head of human resources has raised concerns that pay constraints were preventing it from filling some vacancies.

Liz Joyce told the Central Bank’s board in April that some roles were being filled from within because the state’s financial emergency measures in the public interest (Fempi) cap on pay was creating challenges in recruiting new staff.

“Turnover had increased to 7.7 per cent over the past three...

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