Oireachtas Joint and Select Committees
Tuesday, 4 October 2022
Joint Oireachtas Committee on Climate Action
Energy Prices: Discussion
Mr. Pat Fenlon:
The ESB has put in place a market-based rewards package. We are in the process of recruiting 1,000 people in what is a very competitive marketplace. Overall, it is important that we have market-based pay for our staff and to attract new talent to the company. Regarding the specific question, the bonus is impacted by profit but up to a cap so increases in profits do not have any impact. It is a percentage as opposed to being linked specifically to the profit level.
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