In response to the Deputy's question, my officials have consulted the Bodies under the Aegis of the Department, and the information requested is provided in tabular form. The question has been answered on the basis that a normal working week is 40 hours.
Name of body
|
Comment
|
Cost of introducing minimum weekly gross wage of €480 for all full-time employees
|
Cost of introducing minimum weekly gross wage of €500 for all full-time employees
|
Cost of introducing minimum weekly gross wage of €520 for all full-time employees
|
Cost of introducing minimum weekly gross wage of €560 for all full-time employees
|
Cost of introducing minimum weekly gross wage of €600 for all full-time employees
|
1 Comptroller & Auditor General
|
|
€3,168
|
€4,211
|
€5,255
|
€7,342
|
€9,429
|
2 Central Bank
|
These cost figures include Employer PRSI (10.75%) and Employer Pension (15.9%)
|
€41,042
|
€ 61,376
|
€124,906
|
€278,528
|
€480,893
|
3 Credit Review Office
|
|
nil
|
nil
|
nil
|
nil
|
nil
|
4 Credit Union Advisory Committee
|
Not applicable - Payment by quarterly fee
|
n/a
|
n/a
|
n/a
|
n/a
|
n/a
|
5 Credit Union Restructuring Board (ReBo)
|
Nil
|
Nil
|
Nil
|
Nil
|
Nil
|
Nil
|
6 Disabled Drivers medical Board of Appeal
|
Nil
|
Nil
|
Nil
|
Nil
|
Nil
|
Nil
|
7 Financial Services Ombudsman Bureau
|
|
nil
|
nil
|
nil
|
€537 pa
|
€4,399 pa
|
8 Financial Services Ombudsman Council
|
Not applicable Council has no staff
|
n/a
|
n/a
|
n/a
|
n/a
|
n/a
|
9 Investor Compensation Company Ltd
|
|
Circa €2,604 estimated
|
Circa €4,684 estimated
|
Circa €6,764 estimated
|
Circa €10,924 estimated
|
Circa €15,804 estimated
|
10 Irish Bank Resolution Corporation
|
Not applicable to IBRC (in special liquidation) remaining employees are salaried employees on fixed-term contracts earning in excess of terms laid out in the question
|
nil
|
nil
|
nil
|
nil
|
nil
|
11 Irish Financial Services Appeals Tribunal
|
Nil. No full-time employees
|
nil
|
nil
|
nil
|
nil
|
nil
|
12 Irish Fiscal Advisory Council
|
Nil
|
nil
|
nil
|
nil
|
nil
|
nil
|
13 National Asset Management Agency
|
Included in NTMA response (see below)
|
|
|
|
|
|
14 National Treasury Management Agency
|
The NTMA advises that the information they have supplied for this response is inclusive of staff in NAMA and the SBCI as they are employed through the NTMA. The NTMA's remuneration model is based on confidential, individually negotiated employment contracts. The NTMA employs all staff on NTMA contracts and then assigns as required to NAMA (National Asset Management Agency) or the SBCI (Strategic Banking Corporation of Ireland). There are a very small number of staff who would be affected by changes in hourly/weekly rate of pay as set out in this PQ. Disclosing the numbers in the format requested would compromise confidentiality given the small number of staff involved.
|
|
|
|
|
|
15 Tax Appeals Commission
|
Based on current staffing levels and grades and points on scale as at 21 September
|
nil
|
nil
|
nil
|
nil
|
€1,900 approx in a full year
|
16 Office of the Revenue Commissioners
|
Information based on annualised salary figures provided by PeoplePoint and on average of 40 hours per week. The totals also include Employers PRSI
|
€1.7m
|
€2.3m
|
€3.0m
|
€4.7m
|
€6.7m
|
17 Social Finance Foundation
|
|
Nil
|
Nil
|
Nil
|
Nil
|
Nil
|
18 Strategic Banking Corporation of Ireland
|
Included in NTMA response (See above)
|
|
|
|
|
|