Ireland - 4% pay deal at Bank of Ireland - February 28, 2026

Bank of Ireland has agreed a proposed pay agreement with the Financial Services Union (FSU), Unite and SIPTU, which recommends salary increases for staff covered under collective agreements of 4% linked to performance. The agreement is subject to acceptance through staff ballots. Bank of Ireland said it is also increasing entry-level salaries from € 29,000 to € 30,000. For workers, the inclusion of a tax-free € 1,000 voucher alongside percentage rises is a practical answer to immediate price pressures.

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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu. You may find further information on the ETUI at www.etui.org.