Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Arkangel via Flickr

NTMA staff paid an average of €7,700 in 2010 bonuses

NAMA staff are among those who received additional payments for 2010. Two million euro was paid out in total.

EIGHTY-FOUR PER cent of National Treasury Management Agency staff were paid bonuses for 2010.

RTÉ reports that 258 workers, including staff at NAMA, received an average of €7,700 in February of this year, representing bonuses due for 2010.

The average salary of a worker at the NTMA is €100,000, reports The Irish Times, and the bonuses awarded for 2010 amounted to almost €2 million.

Fourteen staff at the agency are paid more than a quarter of a million euro. NTMA’s nine most senior executives waived their bonuses for 2010. The chief executive had been due to receive a bonus of €240,000.

Meanwhile the chief executive of Eirgrid has confirmed that he won’t be receiving an additional payment this year. Dermot Byrne was paid a bonus of €23,00 last year reports RTÉ, but that won’t be the case for 2011.

Questions over Bord Gais cheif’s 60k bonus>

Read more: Government lowers pay ceiling for semi-state chief executives>

DAA chief says he’ll forego €160,000 bonus after sacking threat>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
21 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds