Commercial State Bodies: Avoiding the chop

Many state bodies are continuing to award increments, bonuses and performance payments, writes Nicola Cooke.

18th May, 2013
The Irish Greyhound Board has one fewer employee now, compared to 2010, but annual operating costs have been reduced by €3.4 million (8 per cent).

As efforts continue to re-cook Croke Park II this weekend, The Sunday Business Post carried out a survey of commercial state companies to ascertain whether, or to what degree, cost reductions had been imposed.

Government bodies and agencies are divided into non-commercial and commercial organisations. The majority - such as the IDA, Enterprise Ireland, Fáilte Ireland and Bord Bia - fall into the former category while the latter 20 make up the rest. All employees...

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