Staff at Bank of Ireland to vote on 4% pay increase

Deal agreed between bank and the Financial Services Union

Bank of Ireland staff will vote on a proposed 4% pay increase linked to their performance under a deal agreed with the Financial Services Union.

Thousands of workers at Bank of Ireland will vote on a proposed 4% pay increase linked to their performance under a deal agreed with the Financial Services Union.

The proposed pay deal affects around 8,000 of the bank's 10,000 employees and is subject to acceptance through staff ballot. The deal also proposes enhanced benefits including extending parents' leave in Ireland to nine weeks’ paid and introducing five days’ paid care leave.