PTSB agrees 4% performance-related pay deal for workers

Agreement with unions includes a new general increase and a performance incentive

PTSB and unions have agreed a 4% performance-related pay increase for workers which will be backdated to the start of the year.  

PTSB and unions have agreed a 4% performance-related pay increase for workers which will be backdated to the start of the year. 

The bank reached agreement with its group of unions - the Financial Services Union, Mandate, and Unite - following months of negotiations. The proposals were put to members last Friday and accepted.