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Outsourced Central Bank staff paid an average daily rate of €551

The Finance Minister said individual daily rates could not be disclosed for commercial reasons.

THERE ARE 106 outsourced contract staff employed by the Central Bank in Ireland earning an average daily wage of €551, excluding VAT.

Michael Noonan disclosed the information in the Dáil when asked a Parliamentary Question by Fianna Fáil’s spokesperson on Finance Michael McGrath.

The Minister for Finance said the number of contractors varies from time to time and is determined by the business needs of the bank.

The number of contractors for each role is set out below.

Central Bank

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He added that it was not possible to disclose individual daily rates for commercial reasons.

Noonan said, “The daily rate paid is determined by the role performed. These roles vary from temporary roles such as the provision of maternity leave cover to the engagement of specialists. These contractors are engaged via the completion of competitive tender processes.

“These numbers include a significant number of IT resources and reflects the current number of IT projects underway and also the dynamics of the IT market place.”

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