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.