Members of the Financial Services Union (FSU) in Bank of Ireland have voted to accept a pay deal which will result in a pay increase of 4%.
The agreement also included five days paid carers leave, an extension to paid parents leave and an increase in entry level salaries from €28,000 to €29,000.
The FSU recommended acceptance of the pay deal. A ballot of members closed yesterday and a majority voted to accept the agreement.
The union said there has being intense local engagement between the FSU and the bank over the last few months.
“With the help of positive engagement from the Workplace Relations Commission (WRC) a deal was finally agreed that the union could recommend to its members,” said Shaeleen Martin, Industrial Relations Organiser with the FSU.
“The deal will result in a 4% pay increase which will be backdated to January 1,” she said.
“It also includes five days of paid carers leave, an enhancement and extension of parents’ leave and an increase in entry level salary in the Republic of Ireland,” Ms Martin said.
