Higher staff costs push Trinity College Dublin into annual loss

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Higher staff costs helped to push Trinity College Dublin (TCD) into a loss last year, despite income at the university rising as Covid restrictions eased

Numbers employed totalled 4,734, including 490 staff members earning more than €100,000 compared to 440 in that earning bracket in 2021.Six of the 490 earned more than €300,000; 28 received €200,000-€300,000; while 456 earned €100,000-€200,000. The top earners are teaching medical consultants.

Compared to 2021 figures, academic fee income increased by €20.9 million to €185.8 million, with this attributable to growth in both undergraduate and postgraduate student registrations in the year. The university’s earnings before interest, tax, depreciation and amortisation amounted to €13.5 million in 2021/22, which represented a 6.3 per cent annual increase.

 

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