AIB: pay cap puts us on Brexit back foot
Bank claims it will be unable to compete for top executives
AIB has warned that its ability to retain key executives is in jeopardy if an influx of bankers due to Brexit places upward pressure on pay rates.
AIB is restricted in the compensation it can award senior staff because of the state’s cap on salaries and bonuses.
In a regulatory filing last week, AIB said its ability to attract and keep its staff was a risk for the bank’s long-term sustainable growth....
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures