6,400 staff at bailed out banks earn over €100,000

There were 6,406 staff in the covered banks earning average salaries of €100,000 and over at the end of December last year.

According to a Mercer report into pay at Irish banks, at State-owned AIB, there are 2,199 staff at senior management level on total average remuneration packages of €108,000.

There were 3,326 staff at Bank of Ireland at the same grade on an average of €96,600, and 271 staff at Permanent TSB on an average of €109,000. IBRC has been liquidated since the report was completed.