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Dublin: 18 °C Thursday 20 June, 2013

Higher or lower: how does Michael D’s new salary compare to other heads of state?

The new President of Ireland will be paid the reduced capped wage of just under €250,000 per annum – but for the size of our country, is that a good deal?

Michael D Higgins gets a kiss from wife Sabina Coyne as it becomes clear that he's in line to become President of Ireland - and for a €250,000 pay packet.
Michael D Higgins gets a kiss from wife Sabina Coyne as it becomes clear that he's in line to become President of Ireland - and for a €250,000 pay packet.
Image: Julien Behal/PA Wire

MICHAEL D HIGGINS is set to earn up to €1.75 million over the next seven years at the Áras.

As it stands, the salary for the Irish president is just under €250,000 per annum, reduced under the public pay cap legislation. (President Mary McAleese didn’t have to take that pay cut, but offered to.)

It got us thinking – is this too much or too little for a head of state to earn? Is it just right? TheJournal.ie has taken a look at the salaries of some other heads of state with a largely ceremonial role.

Note: The salaries are all converted into euro, while we have included the corresponding country’s total GDP (Gross Domestic Product) for 2010 to offer context. Some of the monarchs included have to pay for the upkeep of their residences and travel expenses out of their salary, but the residences are often in fact owned by the state. (All images from Press Association)

Higher or lower: how does Michael D’s new salary compare to other heads of state?
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  • Germany

    President Christian Wulff has a largely ceremonial role - with some 'reserve powers' in politically instable times. Salary: €213,000 Germany's GDP: €2.47trillion
  • UK, Australia, Canada and other Commonwealth countries

    Queen Elizabeth II is head of state of 16 Commonwealth countries. Salary: €9m GDP: Over €7trillion (combined total of all Commonwealth states)
  • Netherlands

    Dutch Queen Beatrix opening parliament. Salary: €5.1m GDP: €554bn
  • Russian Federation

    President Dmitry Medvedev is head of state while Prime Minister Vladimir Putin is head of government. Salary: €78,134 Russia GDP: €1.04trillion
  • France

    President Nicolas Sarkozy is head of state and but, to be fair, he outranks the Prime Minister and wields a great deal of power. Salary: €240,000 GDP: €1.82 trillion
  • Sweden

    King Carl Gustaf XVI of Sweden's role is largely symbolic. Salary: circa €14m GDP:€385bn
  • Austria

    President Heinz Fischer largely has a ceremonial role. Salary: €323,350 GDP: €544,716bn

What do you think, is €250,000 an appropriate salary for Ireland’s head of state?


Poll Results:





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Comments (26 Comments)

  • I think Russia has the right idea here. 80,000-100,000 woulhd be grand.

    Reply
    • I agree but based on the level of corruption there, you can be sure that the Russian President isn’t relying on this as his only source of income, otherwise he wouldn’nt keep hanging around until Putin gives him the nod as to what his next role may be, after Puton has decided what role he wants!
      It’s called “democracy” Russian style!

      Reply
  • The Russians have it about right. Best of luck to our new president

    Reply
  • way too much! I’m sure he could survive on a lot less

    Reply
  • On top of his over €100k in Salaries from other public service positions!

    Reply
  • Can we find out what the income arrangements for the president is? If all his income is taxed same as ordinary people, maybe 150k would be ok!

    Reply
  • Time for the establishment to take a haircut in the national interest! Come on, 250k for what?If the candidate who wins is truly patriotic I’m sure they can survive on half that figure? Free board, travel and accommodation included. Come on be a little less greedy and think more about the country for a change lads ………

    Reply
    • Totally agree, looking at the other heads of state taking their country’s GDP into consideration, the Irish president like all pollies is paid far too much (except for King of Swedan, some of that income must be from private income, can’t see the Swedes putting up with 14mill?year!) especially when Ireland is going through such difficult times. Maybe, Michael D will lead by example, President Higgins – “you are 70yrs old, how much do you need, free house, car etc, take a reduction in pay and then watch your popularity soar? After all, you already get a palimentary pension, please lead by example & prove to the Irish people that they voted for the right person.

      Reply
  • It is a huge salary considering the variety of expenses that ales are picked up by the taxpayer.

    Reply
  • This is quite a noticeably stupid list. You say you have selected largely ceremonial heads of state, and then you include Sarkozy and Medvedev?

    Guys, this is a random hodge podge of stuff grabbed off the Internet. How long did it take to put together? 20 minutes?

    Reply
  • How does this break down? Does the President keep it all, or is it put to use in any way?

    Reply
  • Some of those figures are just ridiculous. Firstly, why oh why would anyone want a Queen that is treated *superior* to all citizens, until she dies. Secondly, €250,000 is too much for a President to be earning in this country. As someone who is *supposed* to represent this country for better or worse (we are in the worse area), that President should take a huge dip in their salaries. It’s not as if the President will be paying for their own expenses or dry-cleaning while in office. That money is basically TAX FREE.

    Reply
  • Ellebee 30/10/11 #

    Speaking of context, the GDP for Ireland is?

    Reply
  • Ridiculously overpaid at that level. Add on top of the salary all the other costs of keeping a President in the Aras and it looks like extremely bad value. I, for one, would consider that the honour of carrying out the office is reward in kind, and that between a quarter and a third of that sum is quite enough.
    I don’t doubt Michael Higgins would accept that it it was the statutory level of remuneration for the Presidential job.

    Reply
  • It should be cut – but in comparison to our closest neighbour, which has an unelected head of state on a 9 million annual wage – it seems almost like pocket change.

    Reply
  • if some one like michael D put as much time effort, blood sweat and tears into the private sector, ge would be on boards paying out 4 times his salary. come on he has worked hard to get here, give him a break… he is giving up the rest of his life to service of us…..

    Reply
    • As far as I know it is us people who are paying taxes by working even harder than any politician would do! And when they mess up on the top of the ladder We have to fix it by paying even more taxes just because they far too greedy!

      Reply
  • Medvedev and Putin practically own their country.Hodorkovskiy is a very good example of what can happen to you if you are rich and naughty:) 100k for them is smth they barely notice.

    Reply
  • Should be €100K and no more they get free house car they do Noting what did last one really do SFA. The Queen came over with half the British government to make sure we pay back the money we owe them and that’s fact Coming from FG minster

    Reply
  • The day we will all be paid peanuts there will be no one to turn to and say: one day it will be me. We will all be stuck in a communist state with no one to blame but ourselves. This goes against the essence of capitalism, where you can become super rich or super poor overnight.

    Reply

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