Permanent TSB top-up payments to 100 staff 'very hard to stomach', says Unite

Permanent TSB has confirmed that it has topped up a number of staff members’ salaries in a bid to retain their services but denied that the increases constitute employee bonuses.

The bank has increased the pay of approximately 100 staff in what it refers to as “very limited circumstances” where the employee had indicated that they were planning to leave the bank.

In these cases, the staff members were being paid salaries below the market level and received increases in the order of 10% to bring their salaries in line with those on offer elsewhere.