€500k salary cap for bankers to be reviewed
The industry has complained that the cap is preventing the banks from hiring skilled staff
The government’s new banking review is going to examine the controversial €500,000 salary cap for bankers in bailed out banks.
The terms of reference of the review state that it will be able to look at “operational issues arising from the difficulties with staff recruitment and retention”.
The Banking and Payments Federation Ireland has complained that the cap is preventing the banks from hiring skilled staff, particularly those in the...
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