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Banking Sector Staff Issues

Dáil Éireann Debate, Tuesday - 6 November 2012

Tuesday, 6 November 2012

Questions (258, 259)

Pearse Doherty

Question:

258. Deputy Pearse Doherty asked the Minister for Finance in respect of Irish bank Resolution Corporation, the number of employees and total remuneration including benefits for the six months ending 30 June 2012 and for the 12 months ending 2011. [48607/12]

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Pearse Doherty

Question:

259. Deputy Pearse Doherty asked the Minister for Finance in respect of Anglo Irish bank and Irish nationwide, the number of employees and total remuneration including benefits for the 12 months ending 2009 and 12 months ending 2010 and in the annual accounts for the previous two years. [48608/12]

View answer

Written answers

I propose to take Questions Nos. 258 and 259 together.

I have been advised by the bank of the following information regarding the number of employees and remuneration for Anglo Irish Bank, Irish Nationwide and IBRC.

-

12 mths

12 mths

15 Mths

12 mths

12 mths

6 mths

-

Sep-07

Sep-08

Dec-09

Dec-10

Dec-11

Jun-12

Anglo / IBRC Staff Costs

€'m

€'m

€'m

€'m

€'m

€'m

- Salaries & Benefits

169

143

114

97

90

41

- Share based incentives

24

21

31

0

0

0

- Pension scheme payments

15

16

21

13

0

6

- Social Welfare

21

18

14

10

9

4

- Other staff costs

6

8

6

10

8

3

INBS Staff Costs

20.2

22.3

16.4

21.9

8.8*

n/a

TOTAL

255.20

228.30

202.40

151.90

107.00

54.00

Anglo/IBRC Headcount (average)

1714

1864

1681

1332

1186

1132**

INBS Headcount (average)

400

385

399

464

n/a

n/a

TOTAL

2114

2249

2080

1796

1186

1132

Note: INBS 2008 numbers are as at December

Note: *INBS 2011 staff costs are for H1 2011 only

Note: ** This number reflects average headcount for H1 2012. Actual headcount at 30 June 2012 was 1,031.

All figures reported are as per published IBRC, Anglo and INBS Annual Report & Accounts.

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