The agreement of both the relevant Minister and myself is, under various statutes, required in relation to the remuneration of CEOs of Commercial State Companies. Similar provisions do not apply in relation to staff below the level of CEO. In this context my Department does not hold information with regard to grading or salary structures of staff below CEO.
The Deputy will be aware that I announced revised general salary rates for future appointments of CEOs in Commercial State Companies in June last year. It is anticipated that, over time, these significant adjustments for CEO pay in Commercial State Companies will also give rise to adjustments to the salary levels of staff below CEO level in these companies.
It is my intention to engage in dialogue with my colleagues in Government to ensure that the boards of the Commercial State Companies for which they are responsible have regard to Government policy on pay when recruiting staff to those companies.