Written answers

Thursday, 14 January 2016

Department of Finance

NAMA Staff Remuneration

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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115. To ask the Minister for Finance the number of staff at the National Asset Management Agency who received pay in 2015 of €100,000 to €150,000, €150,001 to €200,00, €200,001 to €250,000, €250,001 to €300,000, €300,001 to €350,000, €350,001 to €400,000, and in excess of €400,000; and the numbers employed by the agency at the end of 2014 and at the end of 2015; and if he will make a statement on the matter. [1821/16]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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All staff in the National Asset Management Agency are employed by the NTMA, and assigned to NAMA under Section 42 of the NAMA Act 2009. The number of staff assigned to NAMA at the end of 2014 and 2015 are set out in the table below.

Year Headcount as at year end
2014 369
2015341

The table below shows the number of NAMA Officers by relevant band. The numbers include NAMA Officers who left the NAMA during 2015 in addition to those employed at the end of the year. Therefore the table shows the base salary and/or remuneration at year end and the base salary and/or remuneration upon leaving employment for all staff who received pay of €100,001 or more in 2015. Staff members who were approved for voluntary redundancy in late 2015 are included in the 2015 headcount.

NAMA

Relevant BandsSalary Remuneration 1
€100,001 - €150,0009897
€150,001 - €200,0001717
€200,001 - €250,00034
€250,001 - €300,00023
€300,001 - €350,00000
€350,001 - €400,00010
In excess of €400,00001
Total121122

Note:

  1. Remuneration includes salary and taxable benefits if any. The inclusion of taxable benefits may move individuals into the next relevant band. The difference in total staff numbers in the table is due to one person who was on or below a salary of €100,000 earning over €100,001 in total remuneration when their taxable benefit was added.

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