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Sign up to The Irish Times Archive (1859 - 2008)My Account »

Wed 07 Jul 2008Irish firms make profit of €45,800 per worker, report says

IRISH COMPANIES make an average of €45,800 profit per employee or about twice the figure for British firms, a report produced by the country's second largest trade union, Unite, has claimed.

In an analysis of profits in Ireland, the union said there were no grounds for believing that these were too low or being squeezed by high wages. It said various methodologies all told the same story - that Ireland was a high-profit economy.

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