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Sunday 28 May 2023 Dublin: 13°C

# bonuses

Last year
2022
# banking review
Bankers 'rewarded' with bonuses and a pay boost despite tracker mortgage scandal, says McDonald
AIB and Permanent TSB will follow suit as the State sells off more of its stake in those banks.
All time
# Hedging
'The more money going into the game, the more bonuses go up'
The big unions hedge their risks when it comes to World Cup bonus pay-outs.
Voices
Paschal Donohoe: 'Our stance on bankers' pay has remained unchanged. This is the right thing to do'
I have initiated a review of bank remuneration policy, writes Paschal Donohoe.
# Charity
HSE says St John of God is breaching pay rules with CEO's €182,000 salary
St John of God considers John Pepper to be paid by private sources, so not subject to pay rules.
# No-nuses
The Central Bank has paid out €230,000 in order to keep key staff, but says they're not bonuses
They say they’re designed to keep key staff.
# Not Fair
Irish Water staff in talks over getting their bonuses back
Staff were told last November they wouldn’t be getting performance-related pay.
# mad as hell
Pat Rabbitte is VERY angry about RTÉ's water charges coverage
The former minister has previously described the broadcaster as a “recruiting sergeant” for the far left and Sinn Féin.
# Labour Relations Commission
Irish Water workers set to keep fighting for bonuses
A spokesperson for SIPTU confirmed on RTÉ today that the workers would be going to the Labour Relations Commission over unpaid bonuses.
# financial difficulties
Italy's World Cup squad has gone on strike over tournament bonuses
Training did not take place this morning in Villabassa after the disagreement.
# No way
'I think it's an appalling idea': Joan Burton won't be happy if NAMA pays bonuses to developers
“I find it totally inappropriate.”
# Not Fair
Irish Water workers want their bonuses back
Staff at the semi-state body were told this afternoon that the bonus system is being scrapped for this year.
# the usual suspects
'Things change': Labour TD defends her party's U-turn on water charges
Joanna Tuffy has criticised people who recently shared a statement she made against water charges in 2009.
# Irish Water
No extra 4% bonus for 'exceptional' Irish Water workers
Irish Water workers can still get a bonus of 2.75% to 15% of their salary.
# leaky pipes
Water bills could be delayed as energy regulator looks at deadline
The Commission for Energy Regulation also stressed that call-out charges have not yet been finalised.
# drip drip drip
Richard Bruton says the government doesn't control Irish Water's bonus structure
Meanwhile, the company’s insisting that bonuses of up to 19 per cent of an employee’s pay are only given “in exceptional cases”.
# Water Charges
Irish Water: 'It's simply not a bonus culture'
Performance-related awards are not bonuses, an Irish Water spokesperson has said.
# Remuneration
Banks 'fail' to identify risk of awarding bonuses for higher sales
The Central Bank has asked all firms to review their guidelines by the start of next year.
# Cha-ching!
Some top Irish executives get bonuses of 100% (with no pay cap)
A new salary guide published by professional recruitment agency Morgan McKinley also found that Dublin professionals get paid more that those in other parts.
# Unlucky Lads
'Sorry guys' - no bonuses for top bankers says Noonan
AIB have reportedly asked. And Michael Noonan has given an answer.
# Irish Water
Howlin says he has 'no role' over paying bonuses at semi-state companies
The government has no role in relation to bonus payments to staff at semi-states below CEO level, Brendan Howlin told the Dáil this morning, saying government expects boards to act responsibly.
# Leaders' Questions
'The bonus culture is back': Taoiseach faces more questions over Irish Water bonuses
Fianna Fáil leader Micheál Martin raised the controversy at the new State utility in the Dáil this afternoon.
# Leaders' Questions
'No decision yet' on extra water charges for families
Speaking during Leaders’ Questions this afternoon, the Tánaiste stated that charges will apply above the free allowance, but their nature has not yet been decided.
# Bank Bonuses
Bankers bonuses set to be capped after European approval for limits
MEPs support a move that would limit bonuses to 100 per cent of salary from January of next year.
# Banking
Bankers to see their bonuses capped
Finance Minister Michael Noonan called the European decision a ‘hard won breakthrough’.
# Bank Bonuses
'Culture of bonus as an entitlement' behind push for banker bonus legislation, says O'Dea
Former FF minister says proposals target higher-ranking bankers and their work performance.
# bonuses
Barclays boss has bonus cut - but still takes £6.3m package
Chief executive Bob Diamond was paid £6.3m (€7.5m) for 2011 – but had been originally meant to take a total of £9m (€10.7m).
# Lloyds
Lloyds Bank to strip bankers of £1m in bonuses
The bank is to strip several existing and former senior bankers of more than $1 million in bonuses over their roles in mis-selling payment protection insurance.
# Bankers
Public outcry over banker's €1 million bonus
The head of Royal Bank of Scotland is on a salary of £1.2 million (€1.4 million) and last year received a bonus worth around £2 million (€2.38 million).
# Scruples
British bankers may sue over bonuses - if they're 'too small'
British legal experts warn that bankers may not be willing to settle for low bonuses, despite the massive public backlash.
# Daily Fix
The Daily Fix: Saturday
Catch up on the day’s news – as well as the bits and pieces in between you may have missed…
# Cha-ching!
What does winning a Major championship mean for Clarke?
If golf wasn’t such a wildly profitable way to spend one’s time, Padraig Harrington would still be an accountant and Darren Clarke a roguish international playboy. Wait a second…
# Public Pay
Senior NTMA and NAMA staff waived €850k bonuses for 2010
While some staff at the National Treasury Management Agency received bonuses, three major CEOs declined theirs.
# bonuses
Ministers seek to crackdown on bonuses to semi-state chiefs - report
The Sunday Business Post reports that government ministers have or intend to make their views known to commercial state companies regarding bonus payments.
Voices
Column: Nick Leeson on why bankers' bonuses are a red herring
In his latest weekly column for TheJournal.ie, Nick Leeson writes that bankers’ bonuses awarded during the economic crisis are not contractual should be refunded – but warns against believing bonus culture itself is the whole problem.
# Bankers
Bankers may be 'in breach of contracts': Shatter
The Justice Minister has described the multimillion euro retirement package given to former AIB MD Colm Doherty as “grossly immoral” – and said that bankers who run their institutions poorly should be considered to be “in breach of contract”.
LIVE
White-collar crime 'stretches gardaí to the limit'
Statement was made at the annual conference for the association representing garda sergeants and inspectors, the AGSI, in Limerick yesterday afternoon.
# Bank Bonuses
Bank of Ireland paid staff €66m in bonuses since bank guarantee: Report
A damning report commissioned by the Department of Finance has unveiled a “catalogue of errors” by the bank – and reveals that a further €21m is marked for bonus-type this year.
# Week in Photos
The week in photos
Some of the week’s biggest stories – in pictures.