Reward those people who deliver for society

Yesterday’s Irish Examiner carried an article on the report into salary levels in Irish banks.

Taxpayers, through the finance minister, are the owners of two banks and part owners of a third.

According to the Mercer report, there are 2,199 senior management members in AIB on salaries in excess of €100,000, eight on an average €434,000. In Bank of Ireland, there are 103 executives on salaries of €250,000 and eight on €517,000. In PTSB, there are 20 on €220,000 and nine on €269,000. The packages for the CEOs are AIB, €468,000, Bank of Ireland, €776,000 and, PTSB, €460,000.