Pay Update - Bank of Ireland Group - BOI 02/26

BOI 02/26

Our latest round of pay negotiations took place this week, with mediator Aoibheann Ní Shúilleabháin continuing to facilitate the process and apply pressure to both sides.

At this stage, the bank’s position still falls far short of what we consider fair or justified. Nothing they have presented would be worthy of serious consideration, given the bank’s strong financial position and the general economic outlook. While profits and income per employee have surged over the past four years, payroll cost as a percent of income has fallen. Clearly, workers are not sharing proportionately in the record profits you are generating, and the gap between our union’s expectations on pay and the bank’s stance remains very significant.

Negotiations will resume on Wednesday, 28^th January. Your feedback—through our survey, conversations, and engagement with Sector Committee representatives—continues to guide our position at every stage.

We will keep you updated as talks progress. In the meantime, one of the most effective ways to increase our influence at the bargaining table is by growing our collective strength. Please encourage colleagues who are not yet members to join our union at www.fsunion.org/fsu/join. A stronger union means a stronger voice.

Caitleen Desetti

Industrial Relations Organiser

BOI Sector Committee: