'Do they get a bonus for sitting in their chairs?’

By Elias Hazou Published on February 23, 2010

DEPUTIES were stumped yesterday after hearing a list of perks given to employees of the Cyprus Telecommunications Authority (CyTA).

Among other things, CyTA’s staff get bonuses for “initiative/responsibility”, driving a vehicle and motorcycle, dinners and transfers.

These came to dominate discussion at the House Finance Committee, whose item was CyTA’s budget for 2010 providing for expenditures of €425 million and revenues of €488 million.

Stathis Kittis, CyTA’s chairman of the board of directors, acknowledged that the benefits sounded excessive, but defended the practice saying that employees are not offered stock options as are their counterparts in private telecom companies.

Under parliamentary scrutiny, Kittis admitted also that the salaries offered in the semi-governmental organisation were three times higher than in the private sector, and pledged that CyTA’s leadership would take a second look at the benefits.

“What else are we going to be told…that they get bonuses for sitting on a chair or for coming to work?” mused European Party deputy Demetris Syllouris.

The perks heard yesterday were not that dissimilar to those in Greece, where it recently emerged that employees in certain governmental departments are entitled to a bonus for carrying files and a bonus for coming to work on time.

Speaking to newsmen later, AKEL MP Stavros Evagorou said the committee “appealed” to CyTA’s board of directors to examine ways of cutting back on redundant expenditures.

“We are truly astonished by the benefits which have been in place all these years,” he said.

The House Finance Committee noted also that many of the benefits at CyTA are tax-deductible. DISY deputy Christos Stylianides proposed that from now on all the benefits are spelled out in the employment contracts so that none slip under the radar.

CyTA also took heat for moving forward with plans to bid for one of two platforms for public digital television, against the advice of technocrats.

Deputies were unconvinced that the investment for the infrastructure, worth several millions of euros, would be profitable, especially given its poor financial track record with its existing CyTAvision platform.

In addition, CyTA’s entry into the digital television could serve to create an oligopoly given its dominant position in the telecoms market.

Tue, February 23rd 2010 at 21:03

Demetris from Larnaca comments:

It's gimmics like these that pushed Greece over the cliff. The question is now that the deputies know about it what are they going to do? Their parties' unions will not let them do a single thing about it.

Tue, February 23rd 2010 at 20:27

John comments:

Only in Cyprus! Roll on the coming of PrimeTel.

Tue, February 23rd 2010 at 18:46

Costas Apacket from RoC comments:

It would appear that employees of the Civil Service and the Semi Governmental Organisations are so sh*t scared of losing their privileged standard of living that they just stick their heads in the sand and hope that the gravy train will not run out of steam. (or should that be gravy?)

They do not appear to want any changes to this unaffordable milking of the state coffers if this means any sort of committment or contribution from them to share the burden.

When the coffers are milked dry I'm not sure what will happen.

For a nation who keep goats you'd have expected a bit more sense.

Tue, February 23rd 2010 at 16:43

bill from paphos comments:

Do not worry Prime-Tel are coming and then there will be competition which will put a cat among the pigeons as people leave
Cyta

Tue, February 23rd 2010 at 15:53

Resident from It used to be Heaven comments:

Follow Greece down the road to bankruptcy.

Charge the customers more to make the money to pay for these selfish and stupid benefits the same as CTYA have always done for mismanagement and over staffing.

Don't hold your breath though as Costas Apacket says, This is Cyprus.

Do you really expect anything sensible or nearly normal?

Tue, February 23rd 2010 at 14:28

Costas Apacket from RoC comments:

Unbelievable!

Here's a plan.

1. New employees are employed on salaries equivalent to those in the private sector +10% instead of 3 times more as at present.

2. New employees only get bonuses based on achievement of key perfomance indicators (KPI's) which are measurable and are of benefit to CyTa Customers or produce ongoing reductions in departmental budget costs.

3. Existing employees salaries are frozen until those in the private sector catch up and are equivalent to 90% of existing CyTa salaries.

4. Bonuses for existing employees to be amended as for new employees.

Do you want me to do it for you?

Who am I kidding - this is Cyprus, the land where crazy is normal.

Tue, February 23rd 2010 at 13:52

Richard James comments:

Is this serious comment Mr Hazou or has April Fools Day arrived early?!

If it is serious I weep to see the imminent & certain exit from the EU of the PIGS & Cyprus to boot.

Tue, February 23rd 2010 at 13:29

Elaine from Limassol comments:

Great comment by Demetris Syllouris!