BoI to phase out commissions on life insurance
Bank of Ireland is phasing out commission payments for staff who work in part of its life insurance and pensions division.
Bank of Ireland is looking to place the staff on a more structured salary scale and the move will affect about 100 employees, The Sunday Business Post has learned.
The salaries of the workers will be boosted to the tune of 60 per cent of the commission they earned on average over the last three...
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