Financial Services Union members in Bank of Ireland vote to accept pay deal

Agreement includes 4% pay increase, enhanced family friendly policies and an increase in the starting salary in the Republic of Ireland

The Financial Services Union (FSU) have confirmed FSU members in Bank of Ireland have voted to accept a pay deal in Bank of Ireland which will result in a pay increase of 4%.

Commenting on the result of the ballot Shaeleen Martin, Industrial Relations Organiser with the FSU said:

“There has being intense local engagement between the FSU and BOI over the last few months. With the help of positive engagement from the Workplace Relations Commission (WRC) a deal was finally agreed that the union could recommend to its members.

The ballot closed yesterday, Wednesday 26^th February and a majority of FSU members voted to accept the deal.

The deal will result in a 4% pay increase which will be backdated to January 1^st.

It also includes five days of paid carers leave, an enhancement and extension of parents’ leave and an increase in entry level salary in the Republic of Ireland.

The FSU welcome the result of the ballot and thank all our members for their participation.“

ENDS