Results 581-600 of 15,555 for speaker:Eoghan Murphy

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: Is the Department of Agriculture, Food and the Marine stating it does not believe the guidelines as good? Grant Thornton-----

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: Grant Thornton's report reads: "We are satisfied that the reasons for undervaluing the declared savings are adequate and understandable". Grant Thornton seems to be stating that, while it agrees with the initial estimates, it was required to increase the estimates in line with the Department of Finance guidelines. We are building our savings when one Department does not believe they are...

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: It was in line with the calculation guidelines because they were told to do so by the Government. The guidelines inflated the savings by 40% according to the people in the Department of Agriculture, Food and the Marine. I cannot understand it. When we discuss-----

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: As the independent chairman, does Mr. Fitzpatrick have an opinion on the guidelines for calculating pay levels?

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: I have spoken to accountants who might be regularly involved in this kind of work. They work for one of the big houses. They stated they would not make calculations in this way. When one reads Appendix 7 of the 2009 guidelines, overheads comprise the total staff cost, plus 40%. "Overheads" can be defined in any number of ways.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: The guidelines were devised by the public sector.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: I know. If someone tells me to reduce my pay and I determine how the reduction is to be calculated, it is not necessarily an objective approach. An independent report from Grant Thornton referred to the Department of Agriculture, Food and the Marine's reasoning for not adhering to the guidelines, namely, that they were excessive, as being adequate and understandable. I wonder whether the...

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: This is how we are calculating pay levels also. This is the formula used.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: The 40% of total staff costs is not the figure used in respect of savings made on salaries.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: I do not see that. All I have before me is pay, direct salary, total salary and total staff costs.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: I am going by the calculation outlined in the appendix. According to it, staff costs include the figure of 40% for overheads.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: Perhaps Mr. Fitzpatrick might clarify the matter for me, as I am unsure.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: I put it to Mr. Fitzpatrick that the savings initially reported by the Department of Agriculture, Food and the Marine were more accurate than the final figure. There was no underestimation. The Department's valuation was accurate. It was considered the Department of Finance guidelines bloated the estimation of savings.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: The report states it was.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: Exactly.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: It is an interesting point.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: The Department under-reported by €10 million on that point.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: Okay.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: That includes the figures from the Department of Agriculture, Food and the Marine.

Public Accounts Committee: Public Service Agreement 2010-14: Discussion with Implementation Body (11 Oct 2012)

Eoghan Murphy: It seems to be included in terms of non-pay costs.