Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Neary:

Yes, I mean, one of the ... one of the features of the construct that we had, with the two sides of the house, was we had to be very mindful of cohesion between two sides and not allow one side to get out of sync with the other in terms of salaries and to ... made sure that staff morale and all of that, career paths for people, were maintained. So it was endeavoured, as far as possible, to ... that people should, on both sides of the house, Central Bank and regulator, be on the, the same salary scales, which replicated those in the Civil Service; we're essentially the same as the Civil Service in terms of-----

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