Under an EU Directive, regulators in each member state are required to collect information about the number of individuals per institution paid more than €1m in a given year.
The highest earner, who is not identified, received total remuneration of €6.63m, made up of €2.2m in fixed remuneration and €4.4m in variable pay.Eight people were paid packages in the range of €2m to €3m, while 33 were recipients of salaries, bonuses and other payments totalling between €1m and €2m.
Of the almost €86m that they collectively earned, more than €35m was fixed remuneration and over €50m was variable remuneration.On average, the total remuneration per individual was €1.79m.Aside from the well-known retail banks used by the general public, Ireland is also home to a large number of international investment banks and wealth management firms, many of whose staff are highly paid and are the focus of the data.
1,957 individuals received remuneration of over €1m, up 41.5% on 2020 - the highest level since the authority began collecting the data in 2010.