Banking

Staff ‘underwhelmed’ after AIB announces bonuses of up to €12,700

After posting record profits for 2023, the bank announced it will reintroduce bonus pay for staff for the first time since before the financial crash

Lender confirmed a bonus award scheme of 4.4 per cent of base salary (up to a maximum of €/£/$12,700) for eligible employees. Picture: RollingNews.ie

AIB has reintroduced staff bonuses for the first time since the financial crash, confirming on Wednesday that eligible employees will receive a bonus this year.

After posting record profits of more than €2.7 billion for 2023, AIB informed staff that bonuses up to 4.4 per cent, or a maximum of €12,700, will be paid to certain staff later this year. It’s understood that staff can claim this bonus as a cash lump sum or through ...