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Management Statement & Financial Memorandum (MSFM) (October 2019)
Key Governance Documents
This Management Statement and Financial Memorandum (MSFM) has been drawn up by the Department for the Economy, sponsor Department, in consultation with the Labour Relations Agency. The document is based on a model prepared by the Department of Finance (‘DoF').
Piece worker
Piece workers are paid for the work that they produce rather than the number of hours worked.
Gender pay gap
The gender pay gap measures the difference between average (median) hourly earnings of men and women, usually shown by the percentage men earn more than women.