Major pay rises for AIB staff

THE country’s main employer body, IBEC, says it has no difficulties with the substantial pay hikes secured by AIB staff under a new agreement.

The pay rises range from 2.5% to 15% and will be on top of whatever deal is struck under the national pay talks.

The terms were thrashed out over two years between the Irish Bank Officials Association and the bank group. Staff will be paid 2.5% across the board on pensionable salaries while junior staff will see a 15% pay hike.