Oireachtas Joint and Select Committees

Tuesday, 19 November 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages and Differential Pricing in Insurance: Discussion

Mr. Ger Deering:

What has to happen is that people have to be given credit for their years of service. As I mentioned, someone coming into our organisation having worked eight or ten years in the public service will go up to the scale and will be on eight or ten points or whatever are the points on the scale. However, someone who worked the same eight or ten years as a solicitor in a private sector firm or as a financial expert in a firm will start on the minimum of the scale. That is creating a problem. We make it very clear in our recruitment process that these are the rules. They are not our rules. The Department of Public Expenditure and Reform imposes them. However, in the private sector people are used to being able to negotiate. They go through the process of being selected and then say that they did not think they would have to start on the minimum point. We are caught with that situation.

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