Gerald O’Driscoll Human Resource Manager Friday, 21 June, 2013.

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Presentation transcript:

Gerald O’Driscoll Human Resource Manager Friday, 21 June, 2013

Effective Date 1 July, 2013 for a 3 year period

Salaries over €65,000 and greater are reduced as follows *Pro-Rata staff on salaries of €65,000 also affected SalaryReduction Any amount up to €80,000 Applies to all salary 5.5% Any amount over €80,000 but not over €150,000 8%

Lecturer on €83,811 Reduced 5.5% on €80,000 =€4,400 8% on €3,811 = € Total = €4, New salary = €79,106

Not affected by salary reductions

 Mainly Grade III and IV below €35,000  Three month increment freeze will apply after payment of next increment

Receive next increment on 1/8/2013 to Point 9 Next increment will be 1 /11/2014 Following increment will be 1/11/2015

Grades III to VII 2 X 3 month increment freezes will apply after payment of next increment

01 August, 2013 moves to Point 3 01 November, 2014 to Point 4 1 February, 2016 to Point 5

Staff on salaries over €100,000 No increments over duration of Agreement

Additional 3 month increment freeze will apply as per €35,000 to €65,000

Pay reduction will be applied

A total reduction of 6 days Annual Leave (2 per year) OR Cash deduction from salary of amount equivalent to 6 days Annual Leave OR Half of most recent increment – whichever is lesser

 Grade VI on max - €55,031  Value of 6 days leave - €1,  Half of recent increment - €937  Deduction is €937 or 6 days annual leave

Reduction of 3 days Annual Leave OR Cash reduction of ¼ of last increment OR Cash value of 3 days -Whichever is the lesser

Admin/Library Staff move to 37 hours Consultation with IMPACT has to take place on increase in hours Proposed New Working Week Mon – Thurs 9:00 – 1:00 and 2:00 – 5:30 Friday – 9:00 – 1:00 and 2:00 – 5:00 Currently no change to Flexitime Arrangements

Staff who work 30 hours per week Current Pay Multiplier 30/35 =.8571 New Multiplier 30/37 =.8108

Remain as is and reduce Pay Multiplier OR Increase hours and keep current Pay Multiplier

New rules apply for each band Most Staff will move from 1 ½ to 1 ¼ times salary