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COMPARISON OF HOURLY COSTS OF FINANCIAL SECTOR AND WESTERN

KINGSTON INCURSION COMMISSIONS OF INQUIRY (US$)

POSITIONS

FINANCIAL SECTOR

INQUIRY

WESTERN KINGSTON INQUIRY

CHAIRMAN

300

370

COMMISSIONER

150

300

COMMISSIONER

150

300

SENIOR LAWYER

300

300

SECOND LAWYER

250

250

SECRETARY TO COMMISSIONER 150

150

SUB TOTAL

US$1,300

US$1,670

SECRETARIAT

ADMINISTRATIVE ASSISTANT

14

(8,000/MTH/160 HRS) 50

CLERK

8

(10,000/MTH/160 HRS) 62.50

4 STENO WRITERS

25

(18,000/MTH/160 HRS) 112.50

JDF LAWYER

250.00

JDF LAWYER

250.00

JDF LAWYER

250.00

JCF LAWYER

250.00

JCF LAWYER

250.00

JCF LAWYER

250.00

TOTAL

US$1,347

US$3,395.00

The West Kingston Commissioners are paid a maximum of 540 hours to

write the report. The Financial Sector Commissioners did not get this

compensation.

The items listed as professional support in the Financial Sector Inquiry

was not put in the hourly costs as they were a one-off cost for 5 days.

From the table above, it is clear that the West Kingston Commission has

an hourly cost of more than twice the cost of the Financial Sector

Inquiry.