This whole thing is driving my crazy.
It seems that the chief justice gets €295k and a district court judge gets €147k. By way of comparison a salaried (ie non equity) partner in a big firm gets paid up to €200k, equity partners get a multiple of that (at least in good years), and who knows what the best barristers earn!!
Any sensible person would say that €200k is a hell of a lot of money. I can't even imagine earning that much. And maybe we can't afford to pay it anymore. However the deductions will reportedly save our economy about €250k per annum or in other words, half the current "cap" on one senior banker's salary. We hear constant whinging about how banks can't attract staff of sufficient caliber to run our zombie banks at the massive salary of €500k (which cap seems to be bypassed fairly regularly by the way!) but no-body is surprised that Peter Kelly, for example, is paid about €240k or less than half a senior banker's salary.
This banker's cap business infuriates me. The best legal minds in our country are paid €240k per annum and their job is to clear up the mess created by greedy bankers, but we can't get bankers to work for twice that salary?!!
I think most judges do the job because they want to do the job and do the job well. They don't do it for the money, because the vast majority of them were earning more in private practice. So where are the honest bankers? Where are the people who want to do a difficult job for the excellent salary of €240k?? What are we doing when we choose to pay €500k + who care more about their next bonus than anything else?
It seems that the chief justice gets €295k and a district court judge gets €147k. By way of comparison a salaried (ie non equity) partner in a big firm gets paid up to €200k, equity partners get a multiple of that (at least in good years), and who knows what the best barristers earn!!
Any sensible person would say that €200k is a hell of a lot of money. I can't even imagine earning that much. And maybe we can't afford to pay it anymore. However the deductions will reportedly save our economy about €250k per annum or in other words, half the current "cap" on one senior banker's salary. We hear constant whinging about how banks can't attract staff of sufficient caliber to run our zombie banks at the massive salary of €500k (which cap seems to be bypassed fairly regularly by the way!) but no-body is surprised that Peter Kelly, for example, is paid about €240k or less than half a senior banker's salary.
This banker's cap business infuriates me. The best legal minds in our country are paid €240k per annum and their job is to clear up the mess created by greedy bankers, but we can't get bankers to work for twice that salary?!!
I think most judges do the job because they want to do the job and do the job well. They don't do it for the money, because the vast majority of them were earning more in private practice. So where are the honest bankers? Where are the people who want to do a difficult job for the excellent salary of €240k?? What are we doing when we choose to pay €500k + who care more about their next bonus than anything else?