So IRBC (formerly Anglo Irish Bank and Irish Nationwide) and AIB the poster boys of Irish banking have about 1000 employees earning more than 100k a year. Given that the state is picking up the tab, is this a joke?

And here was me thinking the headline meant it was Bank Managers Europe-Wide, shocking stuff, I have 83 cent in my pocket since yesterday.

Rewarded for driving the country into the ground!

As was pointed out by Shane Ross a lot of the boys who drove us off the cliff are still feasting off the carcass now this government has failed in holding anyone accountable how can anything change the political system is simply a glorified mafia game for those in power

Outrageous

This will probably get me loads of verbal attacks from people on here but we do need to apply a little balance to this article. The reason it was posted was to inflame your ire and make you react.

Not everyone who works in banks or in the public service is to blame for this mess. This is something I have learned to appreciate from reading some of the comments from others on here regarding financial services and the public service.

There are key decisions makers in every organisation that have the strategic sanction to change policy, make investments, approve property purchases and lend funds that have over extended these organisations to the point of collapse. Its like saying that every German person was responsible for the genocide of six million jews or that every Japanese person is responsible for the bombing of Pearl Harbour.

Just because they have a large salary does not mean they were responsible for the collapse. They might well have an infrastructure job or an IT job that had little or nothing to do with policy decisions regarding funds, lending, property or borrowing.

There are contractual laws surrounding salary entitlements and you can’t just slash everyones salary just because they earn a certain amount. Balance and perspective has to be brought into this.

I agree that there are probably quite a few in the banks that should not be earning ridiculous amounts and there should be a cap on salaries and bonus to discourage incentive driven decision making as it never encourages the right behaviours. If people are to be incentivised then it has to drive the right behaviour surrounding better judgement, quality of compliance and what is right for the customer…as well as the shareholders (us) and the balance sheet.

There is a voice inside me that feels outrage when I read about some of the decisions taken by a very small group of people but painting “everyone” with the same brush will not achieve anything other than to direct hatred and bile towards those who had little or no knowledge of what would transpire. I am sure there are plenty of people in the banks who are just as disgusted as everyone else about how this has turned out.

Particularly the thousands being made redundant.

And this is without their bonsues, a figure that more often than not dwarfs their original salary. Bunch of shysters.

You pay peanuts you get monkeys. You pay 100,000 you get monkeys. No, wait….???!!!!

important to note: this is basic pay – this doesn’t include car allowance, expenses, pension, gym membership – if you include all of that, the numbers would be different

A alcoholic homeless person couldn’t have done a worse job than Irish bankers. They only need a few cans not 100k

Seriously it’s a joke what they’re being paid!!

Is it just me or are all the figures in the article wrong? lol it’s €100,000 not €100,00 lol

Shower of uncaring bastards

I’d suggest that most people posting comments here haven’t the slightest idea how banks actually work, nor on the level of qualifications and expertise required to run them day to day. I am not for one moment attempting to deny that banks were behind the troubles now faced by Ireland, but let’s be a bit sensible and not label all ‘bankers’ (economists, actuaries, legal counsel, IT staff, traders etc) as bastards etc.

The bankers pay should be cut down substantially and so should their pensions as the country is meant to be broke. That goes for the politicians too.

How can these people still be getting paid these amounts? how can they still be in a job? any other country with some backbone would of sorted this out years ago!!

sick stomach churning information, and the low earners of this country have to pay off wanky bankers fu_ck ups from thier greed during the tiger years, i believe these greedy bankes should be taxed to the point that turn thier large salaries into what the unemploied have to survive on, and then they might feel the guilt and understand the mess that they have left 10′s of thousands of unemploied and low earners in

Those poor hard pressed bankers! How can they live in such a paltry income?

This is outrageous . A Joke, a laugh? These people who get paid astronomical salaries plus expenses no doubt to do WHAT ? Destroy our economy , drive people ,no not people, families into poverty. It is disgraceful .

Politician’s and banker’s…NO difference, rotten b*****ds!

Ah ya left out the earn “just” 100 grand per year

It’s the word “earn” that really stings!

only one comment needed here—– Vomiting (known medically as emesis and informally as throwing up and by a number of other terms) is the forceful expulsion of the contents of one’s stomach through the mouth and sometimes the nose…….

Ladies and Gentlemen, I agree with Grant, not all financial advisers assisted with inflating the balloon! there were a number of contributors, The Regulator should have been reading the writing on the wall, and not the reports he was getting from the banks. The Europen lenders who swelled the banks with short term cheap money because they could not or were reluctant to lend it to their own! and the top bankers who were so intoxicated with their own self interest ( Bonuses) and lastly Customers, who wanted to be millionaires, and gambaled away tomorrows income on sch a short term gamble!

vote yes for more banking jobs!!
pass the treaty and the workforce at the ECB thru the ESM will swell!!!

They’d make you sick! The amount they get is disgusting and wrong!!!! Useless shower of b****rds!!!!!

So let me get this right. These people have a shooting fish in a barrel business model, as they create the money they lend out of nothing (Google Fractional Reserve System if you don’t believe me), yet they still fail to make this scam work, so come with their begging bowls to the state, who in turn foist their gambling debts on the taxpayer. And, to boot, they get paid handsomely for it. They would do well to remember what befell greedy bankers during the French Revolution, after all, it was the greed of bankers that brought France to the point where the revolution was inevitable.

I’m not going against the grain just for the sake of it but it really isn’t that simple. Bankers is too broad a term for these employees earning in excess of €100k. When you take into account Currency Traders, Branch Managers, Dept Heads, Economists, Senior Accountants etc. The salaries don’t seem that huge compared to other International banking institutions. To attract the best international talent the salaries need to be competitive…

I have to agree with @Sasha Musgrave. In a decent society, with integrity and fairness, anyone who neglects their duties should be let go. For them to be earning any more than an middle-upper public sector wage is unjust. Having a job, considering the scale of their errors, is unjust. It is outrageous that they earn six figure basic salaries. However, we all know this. We also know that the government don’t care that they unjustly earn so much, otherwise they would have enforced cuts. The question is: Can we do anything about it?

Bankers hand on Ireland’s testicles, pls cough.

Take that Eire, they destroyed our economy and haven’t been affected one bit. Good ol Ireland.

”Hey guys I know I am going to get a lot of red thumbs for this”
”But I thought I would bring a bit of balance to the debate”

Now let us
IMMEDIATELY JAIL EVERY LAST ONE OF THE B##TARDS FOR LIFE!!

TAKE EVERY THING OF THEM AND THEIR FAMILIES!!

BECAUSE THAT IS WHAT THEY WOULD TO DO TO US!!

Sometimes things that ”we can’t do without” are really not that necessary.
Maybe we just don’t need bankers anymore?