Written answers
Thursday, 21 February 2013
Department of Finance
Banking Sector Remuneration
Tommy Broughan (Dublin North East, Labour)
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To ask the Minister for Finance the number of staff earning more than €100,000 but under €150,000, between €150,000 and €200,000, between €200,000 and €250,000 and more than €250,000 per year in Allied Irish bank, Bank of Ireland and Permanent TSB; and if he will make a statement on the matter. [9298/13]
Michael Noonan (Limerick City, Fine Gael)
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I refer the Deputy to PQs 49499/12, 50511/12 and 50513/12 which were answered in November 2012 and which provide information on the basic salaries in Permanent TSB, Allied Irish Bank and Bank of Ireland respectively. Also PQ 51096/12 giving total remuneration package information for staff in the covered institutions. As the Deputy will be aware, officials in my Department and Mercer have been working on a remuneration review of the Covered Banks. I have committed to publishing the details underpinning the review in view of the public interest in the matter. The report will provide a comprehensive and professional analysis of remuneration structures and levels across the Covered Banks both now and before the onset of the banking crisis.
The report is expected shortly.
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