Skip to main content
Normal View

Banking Sector Remuneration

Dáil Éireann Debate, Thursday - 23 April 2015

Thursday, 23 April 2015

Questions (73, 74, 75)

Michael McGrath

Question:

73. Deputy Michael McGrath asked the Minister for Finance the number of employees of Allied Irish Banks who were on salaries of between €100,000 and €200,000; €200,001 and €300,000; €300,001 and €400,000; and €400,001 and €500,000; and of over €500,000, at the end of December 2012; and if he will make a statement on the matter. [16132/15]

View answer

Michael McGrath

Question:

74. Deputy Michael McGrath asked the Minister for Finance the number of employees of Bank of Ireland who were on salaries of between €100,000 and €200,000; €200,001 and €300,000; €300,001 and €400,000; and €400,001 and €500,000; and of over €500,000, at the end of December 2012; and if he will make a statement on the matter. [16133/15]

View answer

Michael McGrath

Question:

75. Deputy Michael McGrath asked the Minister for Finance the number of employees of Permanent TSB who were on salaries of between €100,000 and €200,000; €200,001 and €300,000; €300,001 and €400,000; and €400,001 and €500,000; and of over €500,000, at the end of December 2012; and if he will make a statement on the matter. [16134/15]

View answer

Written answers

I propose to take Questions Nos. 73 to 75, inclusive, together.

As the Deputy will be aware the Review of Remuneration Practices & Frameworks at the Covered Institutions (the "Mercer Report") was published by my Department on 12th March 2013. The following breakdown of total salary and remuneration appears on page 43 of that review.

 -

AIB

AIB

BOI

BOI

Number of staff

Salary

Remuneration

Salary

Remuneration

€300,000 - €399,999

7

11

20

34

€400,000 - €499,999

3

11

12

15

€500,000 or over

0

0

6

11

Note 1: There are differences in data methodology, timing and exchange rates which account for differences in the data presented here and that shown in responses to parliamentary questions. Data for PTSB and IBRC is not shown  for reasons of data protection.  There is a whole host of additional disclosures in the report that give further detailed breakdowns of pay across the banks, in particular the chart on page 42 and the table on page 46 which shows a breakdown by institution by grade of the number of staff, their salary and total remuneration as follows:

 

 

AIB

BoI(2),

IBRC

PTSB

Chief Executive

Number of employees

1

1

1

1(4)

Salary

€425,000

€623,000(3)

€500,000

€400,000

Total Remuneration

€488,800

€776,400

€683,600

€460,000

Senior Executives (1)

Number of employees

8

8

7

9

Salary

€327,200

€408,300

€365,100

€209,300

Total Remuneration

€434,200

€517,400

€535,700

€269,600

Executives

Number of employees

118

103

46

20

 

Salary

€174,800

€198,700

€184,100

€173,900

 

Total Remuneration

€230,100

€251,800

€253,900

€220,100

Senior Manager / Manager

Number of employees

2,199

3,326

291

271

 

Salary

€87,100

€76,800

€87,200

€83,000

 

Total Remuneration

€108,300

€96,600

€115,600

€109,200

Assistant Manager / Senior Specialist

Number of employees

3,508

2,405

219

554

 

Salary

€51,500

€49,800

€55,100

€52,700

 

Total Remuneration

€62,300

€61,200

€61,900

€65,200

Senior Clerical / Specialist

Number of employees

1,584

3,617

237

518

 

Salary

€44,100

€41,800

€40,400

€43,800

 

Total Remuneration

€54,600

€49,900

€45,100

€54,900

Clerical

Number of employees

7,034

4,789

200

982

 

Salary

€32,600

€29,600

€31,300

€30,000

 

Total Remuneration

€37,300

€35,800

€34,500

€34,400

Notes:

1 The Leadership Team in AIB.

2 US employees are not included in the corporate grading structure and are therefore not included in this analysis.

3 Salary figures are net of a voluntary waiver where applicable.

4 2012 Chief Executive data extracted from responses to Parliamentary Questions.

Top
Share