Pay 2026 Proposal - BOI 09/26 - BOI Group

18 February 2026


BOI 09/26

 

Following difficult and drawn-out pay negotiations over the past three months, the mediator has now intervened to put forward a proposal. Our union has agreed to ballot the mediator’s proposal with our members.

 

Summary of the mediator’s proposal:

  • 4% pay increase for Bands 1-3, split 2.25% as fixed and 1.75% as performance
  • ROI Band 1 min pay increased from €29,000 to €30,000
  • NI & GB Band 1 min pay increased from £23,000 to £25,000
  • All Bands 2 & 3 min pay increased by 2.25%
  • All Bands 1-3 max pay increased by 2.25%

 

 

Inconsistent

Strong

Exceptional

Salary review

2.25%

2.25%

2.25%

Performance rating

0%

1.75%

2%

Total increase

2.25%

4%

4.25%

 

The new pay ranges, with effect from 1 January 2026, would be:

Republic of Ireland

Minimum

Maximum

Band 1

€30,000

€52,495

Band 2

€41,923

€73,808

Band 3

€52,150

€96,151

Northern Ireland

 

 

Band 1

£25,000

£34,367

Band 2

£30,135

£49,591

Band 3

£33,282

£60,328

Great Britain

 

 

Band 1

£25,000

£41,172

Band 2

£30,135

£60,434

Band 3

£33,282

£78,261

 

The new minimum pay rates for APA and QFA qualifications in the Republic of Ireland & Northern Ireland would be:

 

APA minimum salary

QFA minimum salary

ROI

€32,000 (increase of €1,000)

€35,550 (increase of €1,000)

Northern Ireland

£26,000 (increase of £2,000)

£28,250 (increase of £2,000)

 

All increases are effective from 1 January 2026.

 

Click HERE to read the mediator’s report.

 

Members’ meetings

FSU members can register below for any of the three union meetings:

  1. Thursday 19 February at 1pm: Click here to register
  2. Thursday 19 February at 5:30pm: Click here to register
  3. Monday 23 February at 1pm: Click here to register

 

Ballot arrangements

The decision to accept or reject the mediator’s proposal is in your hands.

 

The ballot will be conducted by our third-party balloting partner, Mi-Voice. All ballots are anonymous.

 

Your ballot will be emailed to you by Mi-Voice on Monday 23 February. The ballot will remain open for two weeks, closing at 4pm on Monday 9 March. If you don’t receive a ballot by email, please check your spam/junk folders before contacting FSU.

 

Only FSU members can vote in this ballot, so please encourage all your colleagues to join so that we have a clear mandate and outcome.

 

Caitleen Desetti

Industrial Relations Organiser

 

BOI Sector Committee: 

Area

Name

Phone

Email

Bank of Ireland

Sector Officer and Rep for Leinster

Tom Ruttledge

+353 87 228 3038

tom.ruttledge@fsunion.org

FSU Vice President of Governance and BOI Rep for Connacht
and Donegal

Olivia Henry

+353 87 639 2386

olivia.henry@fsunion.org

Leinster, Cavan, and Monaghan

Robert Byrne

+353 87 334 1880

robert.byrne@fsunion.org

Christian Hanna

 

+353 87 224 9115

christian.hanna@fsunion.org

Dermot Murtagh

+353 86 858 6883

dermot.murtagh@fsunion.org

Munster

Zoe O’Neill

+353 86 857 8842

zoe.oneill@fsunion.org

NI & GB

Conor Morgan

+44 773 604 1188

conor.morgan@fsunion.org