How do people feel about this one? Will it be short and sweet?
Mod warning:
https://www.boards.ie/discussion/comment/121425200/#Comment_121425200
I think the government can't use corporation tax as an argument:
Firstly, it's still massive. We still have huge corporation tax receipts they are just not as high as they were. We can have a massive budget surplus if we want one.
Secondly,if corporation taxes increase next year (and they are still expected too), the unions can walk back in and say "there's the money now, spend it".
Thirdly, the government have been (correctly imo) saying these tax returns are temporary. Hence, they should be put into the rainy day fund (bollix know) and capital projects. Public sector pay is a permanent commitment and trying to use corporation tax receipts effectively means everyone in future years can go cap in hand to the government looking for money.
I agree I expect the deal to be 6% (6-8%) over 2 years bringing us to around election time. However, i can't see them using corporation tax as an argument.
“When inflation flattens and prices drop”
You’ve really lost all credibility there with that comment.
You conveniently ignore the pay "rises" which were lower than inflation but you are clearly trolling so why should I or anyone else bother?
Bullshit. Bullshit of the worst order.
You are ignoring inflation in 2021, 2022 and 2023 which was not compensated for in the current pay agreement.
Lower inflation does not mean prices drop. It means prices rise, just slower than before.
Deflation - prices falling - almost never happens.
There must be a serious lowering in intake standards if concepts this basic need to be explained.
Talk me thru how 8% over 2024 and 2025 is a pay cut with inflation predicted to be at 3.2% in 2024 and 2.1% in 2025.
I think they'll cover inflation and perhaps 1.5 or 2% backdated for last 2 years inflation.
IT certainly not!!!
No.
So if im currently earning 62.8k. 8 percent more would be 5024 more.
67,824 is more than 62800. So therefore its an increase.
I know certain posters want to talk bollix about inflation like they think they know something. But its simple. As you can see above.
When inflation flattens and prices drop will these posters accept a paycut. Thought not.
8% over two years is a pay cut.
I really don't see the unions selling a 2.5 or 3% a year pay rise to members. Inflation predicted for 2024 and 2025 is that and I suspect that inflation will be higher than predicted.
Unions are also saying that the shortfall in building momentum deal must be made good in this deal. I think we are looking at 7 to 8% over 2 years. I would say it's front loaded as well, so effect in October 2024 coupled with budget, and election in November 2025.
That would be decent
I think the union would have had a better negotiating position if corporation tax takes were not decreasing. Fair enough, it has been flagged that the corporation tax take last year was an exception and not something that could be expected year on year.
I think the government will use the decreasing corporation tax take as a reason to make a reduced pay deal offering. 5% or 6% over the next 2 years will be the best offer to be expected in my view.
This has been well flagged, exceptional circumstances inflated it last year.
Will the alternative government prioritise workers over welfare do you think...?
I'd vote to reject that.
After the last corpo tax receipts I am less optimistic now
2.5% in April 24
1.5% or 750 october 24
1.5% or 750 april 25
I don't see how. The government have repeatedly said the corporation tax receipts are temporary and should not be put against permanent commitments.
I'd happily take 8percent over 2 years. i think it'll be 6 percent or so though.
They'll use any excuse to stifle discussions if they're allowed get away with it.
Like I said, they can find billions for welfare increases. Billions for refugees, and just recently another €13 million pulled out of the hat for humanitarian aid for Palestine.
They can afford to pay a real increase to C&PS. No more excuses.
It's time for a hardening of attitudes, or accept that civil and public servants will always be the bottom of the list of priorities and only receive scraps.
In my view this will definitely stifle discussions. I think any hopes of getting significant pay increases will be gone as the corporation tax take during the Covid era does now appear to have been a one off.
I was responding in the context of everything running like a business which is nonsense.
I agree with your point but your choosing to ignore the context.
That's overly simplistic. Services run at a cost, not a loss. They were never designed or intended to make a profit, so talk of a loss is inflammatory.
despite repeated warnings over the last number of years by the fiscal advisory council it looks like the government have already given all this years money (14.2 billion literal giveaway budget) to pensioners and generational dolers .. whatever it was spent on there wont be much left for actual workers keeping up with inflation/cost of living - if thats the case it will go down like a lead balloon before the next election
Mounting alarm in Coalition concerning corporation tax receipts
Good thing the unions are taking their time...
Nothing happening at the moment. Some shadow-boxing, something should get going over the next few weeks.
I expect SIPTU to start making noises.
It's November and I haven't so much as heard a thing about negotiations either in the media nor from Fórsa. The current deal expires in two months. Anyone with information on discussions?
given high inflation at moment - one could argue some of these are almost pay cuts
I hope so
We could easily get that deal again.
I haven't got the time to check pay increases by sector since the high inflation started, but here is data for the last five years.
Public admin and education sectors have seen pay rises behind most other sectors.
Well we wont get it again. So i thought it was a little cracker