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Can Anglo Irish Bank employees now be made redundant now bank is government owned?

  • 26-04-2010 10:57pm
    #1
    Slideshowbob
    Registered Users, Registered Users 2 Posts: 2,460 ✭✭✭


    Will they argue they are public sector?!?! :eek:


Comments

  • #2
    orourkeda
    Closed Accounts Posts: 17,918 ✭✭✭✭orourkeda


    Slideshowbob wrote: »
    Will they argue they are public sector?!?! :eek:

    Are they on public sector contracts?


  • #3
    Lifelike
    Registered Users, Registered Users 2 Posts: 267 ✭✭Lifelike


    orourkeda wrote: »
    Are they on public sector contracts?

    Nope they're private sector as they are paid out of company funds, and were therefore excluded from the two public sector pay cuts.


  • #4
    starbelgrade
    Closed Accounts Posts: 20,739 ✭✭✭✭starbelgrade


    But it wasn't the staff that caused the problem, so why should they take redundancies or paycuts or pesnsion levies... blah, blah, blah.


  • #5
    Lifelike
    Registered Users, Registered Users 2 Posts: 267 ✭✭Lifelike


    starbelgrade wrote: »
    But it wasn't the staff that caused the problem, so why should they take redundancies or paycuts or pesnsion levies... blah, blah, blah.

    I agree that they didn't cause the problem, but then again the public sector can make the argument that they didn't cause the bankers to go mad either.


  • #6
    starbelgrade
    Closed Accounts Posts: 20,739 ✭✭✭✭starbelgrade


    Lifelike wrote: »
    I agree that they didn't cause the problem, but then again the public sector can make the argument that .... blah, blah, blah..

    FYP.


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  • #7
    Eoin
    Registered Users, Registered Users 2 Posts: 21,263 ✭✭✭✭Eoin


    starbelgrade wrote: »
    But it wasn't the staff that caused the problem, so why should they take redundancies or paycuts or pesnsion levies... blah, blah, blah.

    Wow - back in 2005, the average salary was over 80,000 (link). I'd say they can afford it!


  • #8
    randylonghorn
    Registered Users, Registered Users 2 Posts: 29,509 ✭✭✭✭randylonghorn


    Just because the government has shored up the bank doesn't make it a part of the public sector, nor change the workers contracts, nor which union represents them.

    Though given that this is Ireland, I suppose someone will try to argue the case.

    *sigh*


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