I propose to take Questions Nos. 277 and 282 together.
I propose to take PQ 277 and 282 together.
New Economy and Recovery Authority (NewERA), whose functions include providing advice to relevant Ministers relating to the remuneration of the Chief Executive of certain State bodies, provided support to the Senior Posts Remuneration Committee (SPRC) in their review of the remuneration of CEOs of the commercial state bodies (CSBs). The SPRC was established in March 2024 to provide independent and objective advice to me, and in April 2024, the SPRC was requested to perform the review of remuneration of CEOs for the CSBs. This review did not include the senior leadership teams in those bodies. The report is available at [g]ov.ie and sets out the 28 CSBs covered.
Having considered the findings of this Report, Government agreed a new banded salary structure for the CEO posts reviewed ranging from their current salary to the market median of the relevant band. It is the responsibility of the Board of the CSB to propose a point on the relevant band salary band and this is subject the approval of the relevant Minister. On request, NewERA will assist the relevant Minister and Department through a technical assessment of CEO remuneration proposed by the Board in the context of the Minister's approval function.
I have consented to 14 applications to date as follows:
|
No.
|
Line Department
|
Company Name
|
|
1
|
Department of Housing Local Government and Heritage
|
Uisce Éireann
|
|
2
|
Department of Housing Local Government and Heritage
|
GNI
|
|
3
|
Department of Transport
|
Iarnród Éireann
|
|
4
|
Department of Transport
|
Bus Éireann
|
|
5
|
Department of Transport
|
Bus Átha Cliath
|
|
6
|
Department of Transport
|
CIÉ
|
|
7
|
Department of Transport
|
Dublin Port Company
|
|
8
|
Department of Transport
|
Shannon Airport Group
|
|
9
|
Department of Transport
|
Port of Waterford
|
|
10
|
Department of Agriculture, Food and the Marine
|
Irish National Stud
|
|
11
|
Department of Transport
|
Port of Cork
|
|
12
|
Department of Health
|
VHI
|
|
13
|
Department of Housing Local Government and Heritage
|
LDA
|
|
14
|
Department of Culture, Communications and Sport
|
An Post
|
The final approved salaries for CEOs are a matter for the relevant Minister.