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high performers
Bonuses of 19 per cent only given to 'exceptional' workers, says Irish Water
It follows revelations at the weekend that even staff who are listed officially as ‘needing improvement’ by their superiors could get pay boosts.
IRISH WATER HAS responded to yesterday’s revelations that staff will be eligible for annual bonuses of 19 per cent.
RTÉ’s ‘This Week’ programme revealed that even staff who were listed officially as ‘needing improvement’ by their superiors could get pay boosts.
Here’s how the payments are broken down…
- Elsewhere on the site: Richard Bruton says the government doesn’t control Irish Water’s bonus structure
In a statement today, Irish Water said that the pay model in its parent company Ervia had been “established to reinforce a performance driven organisation culture” in a manner “consistent with best practice for commercial utilities”.
It’s absolutely not a bonus scheme, the semi-state explained, noting…
Pay is externally benchmarked and includes salary and ‘at risk’ performance related awards (PRAs).
Total pay is benchmarked at a market average, the statement explains, but a percentage of salary is ‘at risk’ for each employee — and a full salary can only be achieved if performance targets are met.
In effect, this means salaries will reach the median of the market only if performance targets are met in full.
A performance related award in excess of 19 per cent could only be achieved “in exceptional cases” and the payment is “entirely at the discretion of the company”.
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