Threat of strike action looms at BoI

Workers at Bank of Ireland have been advised today that a share allocation bonus, agreed as part of a cost management programme which was delivered one year ahead of schedule, has been halved with no notice and an apparent disregard for agreed procedures.

Members of the Unite trade union who mounted the first picket at Bank of Ireland headquarters for ten years in November 2006 are considering a new ballot for industrial action up to and including withdrawal of labour in defence of their claim which was agreed as part of the banks ‘Strategic Transformation Programme’ three years ago.