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€17 million on Shannon Airport pay

STAFF costs at Shannon Airport in 2013 came to €17.17 million last year according to the accounts, with an average cost per employee of slightly over €65,000.

Wages and salaries came to €14,312,000, social welfare costs were €1,469,000, pension costs were €1,076,000 and other staff costs came to €315,000.

The average number of weekly employees during the year was 263, 200 working in operations and administration and 63 on commercial.

In the section on director’s remuneration it states that €87,685 was paid in fees to them. Shannon Airport Chair Rose Hynes received the largest amount, which was €20,688. Under the same heading it states that the amount paid for other emoluments came to €236,458.

With regard to payment of Shannon Airport Authority Chief Executive Neil Pakey, the accounts state that his basic salary for a single year is €175,000. “Total remuneration in respect of the Chief Executive Officer from the date he commenced employment with the Company, being June 10, 2013 to December 31, 2013, amounted to €122,881 (full year annual basic salary €175,000). Total business expenses amounted to €10,924, which are not included in the amounts disclosed above. An amount of the Chief Executive Officer’s basic salary of €40,116 was recharged to SFADco for services provided to that company. The amounts disclosed above are gross of any recharges. No performance related pay was paid to the Chief Executive Officer in respect of the year ended December 31, 2013.

 

Owen Ryan

Owen Ryan has been a journalist with the Clare Champion since 2007, having previously worked for a number of other regional titles in Limerick, Galway and Cork.

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