FSU to ballot union members in AIB on pay deal

Agreement includes a minimum €2,000 payment, a €1,500 voucher, an extra day’s paid leave and an increase in entry pay levels.

The Financial Services Union (FSU) have concluded negotiations with AIB management on a pay deal for 2025.

The deal includes a projected payments ranging from 4% to 7% depending on an individual’s grade with a minimum €2,000 payment. Also included is a €1,500 voucher and an extra day’s paid leave for all staff.

Commenting Billy Barrett, Senior Industrial Relations Officer with the FSU said:

“The negotiations were concluded earlier this week and a ballot of union members in AIB will commence next Monday, 2^nd December. The ballot will take place over a two-week period closing on the 16^th December.

The agreement if accepted by our members will deliver a minimum €2,000 payment for staff, a €1,500 voucher, and an extra day’s holidays for all staff.

Entry level pay would increase by 7% to €30,000 and there are a number of family friendly initiatives including the introduction of a new policy on foster care leave to include up to 10 days paid leave, an agreement to develop an employee handbook on menstrual health in consultation with the Union and a review of the compassionate leave policy.

We will be holding a number of members’ meetings, visiting branches and other workplaces, and hosting a special Advice Centre to explain the agreement and listen to members’ views over the coming week.

The FSU are recommending the agreement as it meets the criteria, we set at the start of negotiations for an inflation busting pay award and a pay award that helps our members with cost-of-living pressures.”

ENDS