Written answers

Tuesday, 7 December 2010

Department of Finance

Public Sector Staff

11:00 am

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael)
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Question 51: To ask the Minister for Finance the number of staff taken on by the office of the Financial Regulator in the past two years; the terms under which the new contracts were agreed; if flexi-time agreements are in place with new staff; the number of days leave taken by staff at the regulator broken down per month over the past two years; and if he will make a statement on the matter. [45838/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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Under the Central Bank of Ireland Act 1942 (as amended), the employment of staff in the Central Bank is a matter solely for the Central Bank Commission and the Governor and is not a matter in which I have a role. However, I have been informed by the Central Bank that the total number of staff taken on by the Irish Financial Services Regulatory Authority or the Central Bank to work on financial regulation since the start of December 2008 is 285, of whom 170 are on permanent contracts and 95 on temporary contracts. New senior professional staff cannot avail of flexi-time but other new staff may work up a maximum number of 7 flexi days per annum, subject to local business needs. The average number of leave days taken by new staff members in the period since the start of December 2008 is some 2 days per month.

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