Proposals to allow banks pay bonuses of up to €20,000

It is understood that the proposals include allowing banks to pay bonuses of up to €20,000 to their staff.

If approved the plans would also see the current salary cap of €500,000 removed from Bank of Ireland, which is no longer partially State owned. Remuneration restrictions were put in place on the banks in the wake of the financial crash over ten years ago, as a result of what subsequently emerged about the actions and practices of senior bankers across the industry.

Unions had also joined the call, as they claimed ordinary frontline staff were also suffering as a result of the restrictions on variable pay and other benefits.

Absolute slimeball

Do we not learn our lessons

Everyone getting a rise banker now rte ..class country full of cowards Niall_Boylan

Disgraceful

Should he not be asking the public for permission considering it was FF and the banks that robbed our younger generation of a future? Who pays for destruction?

Another big two fingers to the Irish pubic . Vermin

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