Irish Government wants pay ceiling of €500,000 for bankers; Report rejects claims huge earning hikes related to hiring problems
Mar 13th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Minister for Finance today published the Report of the Covered Institutions Remuneration Oversight Committee (CIROC), which was prepared under the Covered Institutions (Financial Support) Scheme 2008 -- which provides a State guarantee for financial institutions. The report rejects claims, that huge earning hikes related to hiring problems.