Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Dermot McCarthy:

Well, my role in the pay negotiations was to act as a facilitator, rather than a negotiator. And I suspect that the employers tried to achieve the lowest possible outcome in terms of increases and had there been a way of decoupling some of these inflationary pressures from the process, they would certainly have tried it.

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