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NAMA boss works - 70 to 75 hours a week

  • 22-05-2011 3:40pm
    #1
    Registered Users, Registered Users 2 Posts: 2,460 ✭✭✭


    In today's Sunday Business Post

    Is this a sustainable workload?


Comments

  • Registered Users, Registered Users 2 Posts: 4,260 ✭✭✭jdivision


    12 hours a day is not uncommon in private sector, so why not? It takes its toll though.


  • Registered Users, Registered Users 2 Posts: 2,460 ✭✭✭Slideshowbob


    jdivision wrote: »
    12 hours a day is not uncommon in private sector, so why not? It takes its toll though.

    There's a risk to the taxpayer in NAMA so i am concerned that correct decisions are made


  • Registered Users, Registered Users 2 Posts: 3,935 ✭✭✭RichardAnd


    jdivision wrote: »
    12 hours a day is not uncommon in private sector, so why not? It takes its toll though.


    It's not common in any company I know of.


  • Closed Accounts Posts: 370 ✭✭wiseguy


    There's a risk to the taxpayer in NAMA so i am concerned that correct decisions are made

    http://namawinelake.wordpress.com/2011/05/21/play-the-asset-management-game-and-see-how-your-score-compares-with-nama/


  • Registered Users, Registered Users 2 Posts: 2,460 ✭✭✭Slideshowbob




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  • Closed Accounts Posts: 370 ✭✭wiseguy


    What exactly does that link have to do with the topic? thanks

    You are worried about bad decision making, the link above illustrates current bad choices being made by NAMA with regards to selling UK assets.


  • Registered Users, Registered Users 2 Posts: 1,053 ✭✭✭BornToKill


    wiseguy wrote: »
    You are worried about bad decision making, the link above illustrates current bad choices being made by NAMA with regards to selling UK assets.

    I don't get it either; how does that show bad choices being made by NAMA? It's just a hypothetical example.


  • Closed Accounts Posts: 759 ✭✭✭mrgaa1


    anyone who is self-employed will be working from the minute the wake till they go to sleep. Books, phone calls, getting parts, doing work, maintenance on vehicle(s) etc.... So thats about 14-16 hours monday to friday so thats 70-80hrs and then whatever happens on saturday.
    Those who are thinking its too many hours - get over yourself.


  • Registered Users, Registered Users 2 Posts: 145 ✭✭EggsAckley


    mrgaa1 wrote: »
    anyone who is self-employed will be working from the minute the wake till they go to sleep. Books, phone calls, getting parts, doing work, maintenance on vehicle(s) etc.... So thats about 14-16 hours monday to friday so thats 70-80hrs and then whatever happens on saturday.
    Those who are thinking its too many hours - get over yourself.

    Anyone who is self employed? I mustn't be self employed then and there was me thinking I was all this time


  • Registered Users, Registered Users 2 Posts: 450 ✭✭fred252


    RichardAnd wrote: »
    It's not common in any company I know of.

    its been common in some of my previous companies. that sort of workload/pressure was only required around important milestones and would generally only be neccessary for 2 or 3 weeks at a time.


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  • Registered Users, Registered Users 2 Posts: 2,988 ✭✭✭Spudmonkey


    fred252 wrote: »
    its been common in some of my previous companies. that sort of workload/pressure was only required around important milestones and would generally only be neccessary for 2 or 3 weeks at a time.

    Ditto here. If you are known to have worked weekends you can claim a day off. If you work late in the evenings, tough, its on your own bat.


  • Registered Users, Registered Users 2 Posts: 666 ✭✭✭deise blue


    Spudmonkey wrote: »
    Ditto here. If you are known to have worked weekends you can claim a day off. If you work late in the evenings, tough, its on your own bat.

    Same here , thankfully we were heavily unionised & all overtime was recorded & paid for , additionally a tea allowance was paid & weekend overtime was paid at an enhanced rate.


  • Registered Users, Registered Users 2 Posts: 7,202 ✭✭✭amacca


    There's a risk to the taxpayer in NAMA so i am concerned that correct decisions are made

    You need not be concerned...I'm sure they wont be.

    Then again correctness just like beauty is firmly in the eye of the beholder.

    If you want property prices to remain artificially inflated then happy days etc etc


  • Registered Users, Registered Users 2 Posts: 9,366 ✭✭✭ninty9er


    There are 2-3 weeks a year where I work 70 hours. It's not sustainable and needs a balance. I'd work no more than 30 hours in a week after a 70 hour week.

    Things need to get done and payroll will only stretch so far which means longer working weeks for those who do have jobs.


  • Registered Users, Registered Users 2 Posts: 74 ✭✭Medu


    Depends on the person. My father works 70+ hours a week, ~51 weeks a year and he is in his mid 60's.


  • Registered Users, Registered Users 2 Posts: 5,367 ✭✭✭Quandary


    I worked in various different IT roles over the past 7 years and I would honestly say I was required to work a 12 hour day at least once a week. In times of high workload it was often a lot more frequent than that and had too work the occasional 1/2 day on a Saturday.

    Practically all of my friends are currently working in excess of 50 hours a week without getting paid overtime.


  • Closed Accounts Posts: 1,258 ✭✭✭Tora Bora


    Farmers typically work 80 plus hours a week. 52 weeks a year. More hours at key times, like harvest, and calving or lambing time.
    Absolutely nothing thought about it. Plus it's a pretty dangerous environment much of the time, with large machinery and unpredictable animals.
    If Ireland is to recover, we need to blow away this silly sissy, 39 hour week culture. Hard work, high productivity, and cost control, will put us in a position to get the country back together again.
    All this bullsh1t, regularly trotted out, that "our superior educated workforce", is total clap trap. Every other country is equally and or better educated.
    Only our will to work longer and harder, with lower wages, will lift our boat.


  • Closed Accounts Posts: 2,819 ✭✭✭dan_d


    Site engineer - 50 hour a week is the basic week. You could easily do an extra hour every day, and probably a half day Saturday (and we don't get paid for it!).Brings you to 70 hours in the blink of an eye!

    It's not right, but it's not that odd.


  • Registered Users, Registered Users 2 Posts: 13,189 ✭✭✭✭jmayo


    There's a risk to the taxpayer in NAMA so i am concerned that correct decisions are made

    If correct decisions had been made he wouldn't have a job in the first place. :mad:
    But I guess that is water under the bridge at this stage. :rolleyes:
    RichardAnd wrote: »
    It's not common in any company I know of.

    I thought you worked in public service ?

    Anyway you must be one lucky soul, because I have seen lots of people in lots of companies, particularly smaller ones having to put in long hours with no overtime or tea perks of any kind in order to get things done and keep a job.

    As Tora Bora mentioned those hours would be normal for farmers a lot of the time, but of course that is never mentioned by the whingers who always label farmers as leeches who take their taxes. :rolleyes:

    I am not allowed discuss …



  • Closed Accounts Posts: 1,258 ✭✭✭Tora Bora


    Of course, Mr McDonagh's hourly salary, adjusted for the few hours extra he works, is slightly better than, some factory line worker, getting a few hours emergency work on a Sunday, at treble time, never mind normal Saturday morning overtime at time and a half.


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  • Closed Accounts Posts: 240 ✭✭NWPat


    Yet another bull**** thread. Organisation of working time act(thats the law, so no BS replies) says no one has to work more than 48 hours a week unless they want to, they can not be forced to or sacked if they won't. Well done to all the self flaggelating martyrs out there who do more than 48, but its not nessasary or healthy or advisable. Take some advice, work to live, don't live to work.


  • Registered Users, Registered Users 2 Posts: 13,189 ✭✭✭✭jmayo


    NWPat wrote: »
    Yet another bull**** thread. Organisation of working time act(thats the law, so no BS replies) says no one has to work more than 48 hours a week unless they want to, they can not be forced to or sacked if they won't. Well done to all the self flaggelating martyrs out there who do more than 48, but its not nessasary or healthy or advisable. Take some advice, work to live, don't live to work.

    Just off to phone the cousin to tell the cows to go shag themselves, find someone else to milk them and feed them.
    I will tell him his work is not necessary.

    BTW where do you work ?

    I am not allowed discuss …



  • Closed Accounts Posts: 240 ✭✭NWPat


    jmayo wrote: »
    Just off to phone the cousin to tell the cows to go shag themselves, find someone else to milk them and feed them.
    I will tell him his work is not necessary.

    BTW where do you work ?


    You can't read, I said no BS. Thats his choice, I know plenty of dairy farmers with second jobs, your cousin must have some herd.


  • Registered Users, Registered Users 2 Posts: 1,017 ✭✭✭The_Thing


    I've been asked on several occasions if I wanted to work overtime to facilitate some private-sector contractor and I've always said no. That's fine with my boss, they just get someone else who's willing to do it..

    There's no point in being supposedly paid 49% more per hour than a private sector worker and then not having the time to spend it. :rolleyes:


  • Closed Accounts Posts: 1,530 ✭✭✭TheInquisitor


    Average week i work 6 days and 58.5 hours. Any week with a bank holiday i work seven days straight and 68 hours


  • Registered Users, Registered Users 2 Posts: 13,189 ✭✭✭✭jmayo


    NWPat wrote: »
    You can't read, I said no BS. Thats his choice, I know plenty of dairy farmers with second jobs, your cousin must have some herd.

    Didn't know you were mod of this thread. :rolleyes:
    He actually does have a second job because even though he has sizable dairy herd it doesn't pay the bills since prices have been so low.
    Joys of farming. :o
    But the second job is self employed as well so he still ends up working long hours.
    Yes it is his choice, but then again should he go on the dole and ask you and me to pay for his family ?

    If everyone had the 9 to 5 attitude this country's current deficit would not just be 20 billion. :rolleyes:

    BTW you never said where you worked ?

    I am not allowed discuss …



  • Closed Accounts Posts: 240 ✭✭NWPat


    More BS, as I said no one has to work more than 48 hours, its a lifestyle choice and a sad one at that. If its a choice there is nothing to moan about so stop moaning. BTW I am a brain surgeon and my second job is rocket scientist.


  • Registered Users, Registered Users 2 Posts: 13,189 ✭✭✭✭jmayo


    NWPat wrote: »
    More BS, as I said no one has to work more than 48 hours, its a lifestyle choice and a sad one at that. If its a choice there is nothing to moan about so stop moaning. BTW I am a brain surgeon and my second job is rocket scientist.


    No it is you that is into the BS when you think everyone should just work 48 hours a week.
    No one has to do anything, but then again if mankind had adopted that approach we would still be in a cave in Africa.

    Yes, it is my cousins choice and it is my choice when I work long hours.
    If we do not work those hours we don't keep a business and we have to go on the dole.
    So it is our choice to stay off the dole.
    He doesn't moan, I don't moan about the hours, we just get on with it like a lot of private sector workers in this country.
    We do however moan when we hear true BS echoed by people like you about how no one needs to work above x hours.
    If everyone adopted your approach, well it would be interesting to see how successful an economy would be.

    The ones that generally moan are the ones that always harp on about their entitlements, you know the ones in heavily unionised environments such as public sector which is where I bet you reside.

    I am not allowed discuss …



  • Registered Users, Registered Users 2 Posts: 3,086 ✭✭✭Nijmegen


    Look at guys like the CEO of GE, who put in similar hours... It's not uncommon when running a major enterprise like NAMA!

    From the best companies to the brightest endevours, it takes individuals who view their job as more than a clock-on-clock-off venture. Would NASA have sent men to the moon in less than a decade from the word Go if they all worked 40 hour weeks?


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  • Registered Users, Registered Users 2 Posts: 1,017 ✭✭✭The_Thing


    I always laugh when I read posts from the self-employed harping on about how hard it is to stay in business and the long hours that they often must put in, etc, etc - if that's true then surely their time would be better invested in building their business rather than here on Boards.ie complaining during working hours?


  • Closed Accounts Posts: 240 ✭✭NWPat


    jmayo wrote: »
    No it is you that is into the BS when you think everyone should just work 48 hours a week.
    No one has to do anything, but then again if mankind had adopted that approach we would still be in a cave in Africa.

    Yes, it is my cousins choice and it is my choice when I work long hours.
    If we do not work those hours we don't keep a business and we have to go on the dole.
    So it is our choice to stay off the dole.
    He doesn't moan, I don't moan about the hours, we just get on with it like a lot of private sector workers in this country.
    We do however moan when we hear true BS echoed by people like you about how no one needs to work above x hours.
    If everyone adopted your approach, well it would be interesting to see how successful an economy would be.

    The ones that generally moan are the ones that always harp on about their entitlements, you know the ones in heavily unionised environments such as public sector which is where I bet you reside.


    How do you know what I think? I pointed out that by law no one has to work more than 48 hours a week and I never said they shouldn't. This is a cast iron fact (look it up). You then go on to agree that anyone who does work more than 48 hours does it by choice. I feel you are a little confused as that was exactly my point. For someone who claims not to moan your level of whining is incredible, As for your offer of a bet, put up or shut up, I will take your money any day of the week. Your agenda against unions and the public service is quite bizare and I can't see its relevance to this debate at all.


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