AIB approaches government about bonus plan - report

AIB has approached the government about setting up an incentive plan to retain top executives before the government starts selling the lender, according to a report this morning.

28th January, 2014
Salaries were capped and bonuses banned at AIB after its €21 billion taxpayer bailout.

AIB has approached the government about setting up an incentive plan to retain top executives before the government starts selling the lender, according to a report this morning.

The bank’s chairman David Hodgkinson has led exploratory talks with Department of Finance officials on reintroducing long-term awards for senior staff at the bank when it returns to profit, according to the Bloomberg News report, which cited three anonymous sources.

Salaries were capped and bonuses...

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