Oireachtas Joint and Select Committees

Thursday, 11 April 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Matters Relating to the Banking Sector: Allied Irish Banks

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

What is Dr. Hunt's assessment of what a percentage bonus on a base salary should be? We have heard figures from London and various places where people were on €200,000 or €300,000 and were getting bonuses of double that. What is Dr. Hunt's assessment? Clearly, in the bad times people made decisions they should not have made. They loaned money they should not have loaned because they were getting paid for lending it rather than when it came back in and performed. What is a reasonable bonus level and, equally, what is an unreasonable bonus level as a percentage of base salary?

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