Bank of Ireland agrees 4% pay hike for staff

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Bank of Ireland agrees 4% pay hike for staff
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Staff to be updated on discretionary bonuses later this month

Bank of Ireland has agreed a 4 per cent increase for staff for 2025 with the Financial Services Union , matching a deal struck in November by its main rival, AIB.

Bank of Ireland has also increased entry-level salaries in the Republic to €29,000 from €28,000 under the new accord, which remains subject to a staff ballot.Storm Eowyn set to cost insurers €200m“The agreement follows intense local engagement over the last number of months including positive engagement from the Workplace Relations Commission,” said Shaeleen Martin, industrial relations organiser with the FSU.

“As a leading employer in Ireland with a strong international presence, we are committed to providing competitive rewards and benefits, as well as positive career development opportunities for all our colleagues throughout the group,” he said.

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