Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance the number of staff at Irish Bank Resolution Corporation that have been re-hired and the number of those re-hired who earn less than €100,000, between €100,000 and €200,000, between €200,000 and €300,000, between €300,000 and €400,000 and those who earn more than €400,000. [10561/13]

Michael Noonan (Limerick City, Fine Gael)
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I am informed that on the appointment of the Special Liquidator, 809 employee contracts were terminated in the Republic of Ireland. 802 employees were re-hired by the Special Liquidators on short term contracts to assist with the liquidation of Irish Bank Resolution Corporation Limited. The Special Liquidators confirmed to the employees (by letter dated 7 February 2013) that their “salary and frequency and method of salary payments” will apply at the same level that was in operation immediately prior to the appointment of the Special Liquidators.

With regard to salaries in the IBRC, as the Deputy will be aware officials in my Department and Mercer have been working on a remuneration review of the covered banks. I have committed to publishing the details underpinning the review in view of the public interest in the matter. The report will provide a comprehensive and professional analysis of remuneration structures and levels across the covered banks both now and before the onset of the banking crisis. The report is expected shortly.