Universities say they face shortage of funds to pay existing staff this year

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€92m hole in college finances due to unfunded pay awards for thousands of staff agreed by Government, says association

Universities say they are facing a shortage of funds to pay for existing staff this year due to a gap in Government funding to cover the cost of public sector pay increases. Photograph: iStock

“It is critical that the necessary investment is made to enable universities to pay for the staff required to maintain a quality higher education for their students and to deliver the necessary support services. Under-pinning the quality and resilience of higher education is mission-critical to Ireland’s competitiveness,” he said.

It has previously said it has allocated additional core funding of more than €100 million over the last two budgets leading to increased staffing levels and enhanced support services for students. “While government provided some measure of relief on escalating energy costs over the last two years, the funding provided for nationally negotiated and agreed pay awards has fallen well short of the actual pay bill cost,” it states, in its pre-budget submission.

In terms of core funding next year, the IUA said it is imperative now that the government provides not less than €120m in Budget 2025 to honour its “Funding the Future” commitment.

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