AIB is expected to offer its employees a redundancy package in line with the five weeks pay per year of service that HSE workers received in their last round of lay-offs, sources have indicated.
The bank is believed to be close to getting sign-off from finance minister Michael Noonan on the deal, after which both parties will have to consult the Irish Bank Officials Association (IBOA).
The terms would set a new low bar for...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team