Ireland - 4% pay rise for bank staff - August 31, 2025

More than 3,000 staff at PTSB bank will see pay rise by up to 4% following what was described as “extensive work” in negotiations between the bank and a group of unions. Members of the Financial Services Union, Mandate, and Unite The Union voted to accept the agreement. The unions and the bank reached agreement on the 4% offer which they said was divided evenly across two pots, a 2% general increase and a 2% increase through a performance payment model. The increases are set to be backdated to the start of the year.

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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.

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