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DAA Pays Dublin And Cork Airport Staff 2019 Profit Share And Bonuses

Published on Apr 7 2020 10:14 AM in General Industry tagged: Trending Posts / Dublin Airport / Cork Airport / DAA

DAA Pays Dublin And Cork Airport Staff 2019 Profit Share And Bonuses

Staff at Dublin and Cork airports were paid a profit share and other bonuses due for 2019 by the airports' operating company, DAA, last week, the company has revealed.

According to The Irish Times, DAA confirmed that staff have received "profit share, gainshare and performance-related" payments that were due for 2019.

A DAA spokesman stated, "These payments were triggered after a range of specific financial targets were met for last year.

"In several years in the past, the payments for the previous year would have already been made by early April."

No 2020 Bonuses

The spokesman added that DAA has informed staff that there will be no profit share payment or other bonuses for 2020 as well as saying, "There will be no pay increases this year and all recruitment has also been frozen."

CEO Does Not Qualify

The spokesman also said that under the terms of his contract, DAA CEO Dalton Philips does not qualify for any performance-related pay, profit share or gainshare payments.

Voucher

While DAA did not reveal the total figure that was paid to Dublin and Cork airports' staff for last year, the company did say that almost all staff members received a €500 voucher along with their payment.

DAA employs over 3,300 people in the Republic of Ireland.

Full Salary

The number of airlines that have suspended services to and from Dublin Airport due to the COVID-19 crisis has increased in recent days, and Cork Airport announced at the end of March that it was scaling back its operations as a result of the pandemic. However, DAA said in mid-March that it will continue to pay staff their full salaries for the next month, but that staff members would be required to take seven leave days during the period.

© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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