IBOA seeks meaningful engagement in AIB

Issued : 25 January 2012

Finance union, IBOA, has urged AIB and the Department of Finance to facilitate meaningful engagement with the Union on the restructuring of the Bank and a number of outstanding issues affecting various grades - including staff working in the Bank's call centres.

"In view of today's welcome development in AIB's subsidiary, EBS, where management has been permitted to engage with the employees' union, Unite, under the auspices of the Labour Relations Commission, we believe that senior management at Group level should also undertake meaningful dialogue with IBOA," said Union General Secretary, Larry Broderick.

"Even though AIB Executive Chairman, David Hodgkinson, announced over 2,000 job losses at the Bank nine months ago, we are still awaiting details on the areas, grades and locations which have been identified for cutbacks by management. We have made a number of attempts to engage with the Bank - including an intervention by the Labour Relations Commission which had to be abandoned in the absence of any firm proposals from the Bank. But so far the talks have hardly got out of the starting blocks.

"With a new Chief Executive installed at the Bank just before Christmas, we hope that meaningful talks can now get under way. Staff in AIB have been living in the shadow of redundancy for a long time now. They deserve clarity about their future," he said.

"On an issue broadly similar to that affecting EBS employees, staff in AIB's call centres who are on extremely modest rates of pay have been denied an even more modest performance payment - even though it is expressly specified in their contracts. These members feel particularly aggrieved that they have been denied these payments when many millions of euros have been spent on fees for a small army of consultants, lawyers and advisers being commissioned to support senior management in AIB and other State-run institutions."