That pay rise was agreed under the "Towards 2016" agreements, signed off by employers and unions.
Do you think the agreement should be broken?
Of course they are connected. If the ESB didn’t over-pay their employees by such a vast amount then they would have more money left to spend on other things.You are implying they are connected.
The unions are on the board of the company. The lunatics run the asylum. For the last 10 years the unions got everything they asked for and more. You write as if none of these factors entered into the equation and the “management” as it is so laughably called was acting in the best interest of the company and trying to keep costs down.That pay rise was agreed under the "Towards 2016" agreements, signed off by employers and unions.
The ESB is obliged to make a profit so, being a monopoly, it can just keep increasing its prices ‘till it does so. Oh, and please don’t anyone start talking any rubbish about competition in the market; the ESB still owns the network so just because it can increase what it charges other providers for access.The ESB is profitable and returns hundreds of millions to the exchequer, they can't claim inability to pay.
Or at least most people thought they were.The pay rise was agreed to a number of years ago, times were better back then.
Yes, of course it should as should all other national pay agreements.Do you think the agreement should be broken?
Apparently its not a price hike on electricity. Its an increase in the POS Levy
Four or five per cent increase to look forward to in October..and the workers got a three per cent increase earlier on this year..
In the interest of competition, and allowing others to gain market share, the ESB is not being allowed to drop its prices for residential electricity.
http://www.rte.ie/business/2010/0421/esb.html
Bring on Nuclear. Cheaper power and will create thoasands of jobs.
Ireland can not afford nuclear. What will we do with the waste?
Maybe if we cover the whole country in turbines!Bring on more wind turbines, and start exporting power!