Written answers
Thursday, 23 April 2015
Department of Finance
Banking Sector Remuneration
Michael McGrath (Cork South Central, Fianna Fail)
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70. To ask 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, €400,001 and €500,000, and more than €500,000 at the end of December 2014; and if he will make a statement on the matter. [16129/15]
Michael McGrath (Cork South Central, Fianna Fail)
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71. To ask 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, €400,001 and €500,000, and more than €500,000 at the end of December 2014; and if he will make a statement on the matter. [16130/15]
Michael McGrath (Cork South Central, Fianna Fail)
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72. To ask 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, €400,001 and €500,000, and more than €500,000 at the end of December 2014; and if he will make a statement on the matter. [16131/15]
Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 70 to 72, inclusive, together.
The relevant institutions referred to in your questions have provided me with the following information:
AIB
AIB Group Salary & Remuneration Data as at 31 December 2014 is available on the AIB Group website at:
Bank of Ireland
Bank of Ireland have informed me that the publicly available information in relation to remuneration is contained within the Bank of Ireland annual report for the year ended 31 December 2014.
The link to the annual report is:
Permanent TSB
Permanent TSB Salary & Remuneration Data as at 31st December 2014 is available on the Permanent TSB Group website at:
.
Michael McGrath (Cork South Central, Fianna Fail)
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73. To ask 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]
Michael McGrath (Cork South Central, Fianna Fail)
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74. To ask 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]
Michael McGrath (Cork South Central, Fianna Fail)
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75. To ask 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]
Michael Noonan (Limerick City, Fine Gael)
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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 12thMarch 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 |
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.
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