NEARLY 1,000 STAFF at Irish Life are about to get a pay rise and a lump sum of €1,500.
It comes after member of Trade Union Unite voted to accept a Labour Court recommendation which will see their pay increase by 2-7%.
The 7% increase will be for lower-paid clerical staff.
The once off lump sum is compensation for the abolition of a long-standing profit-sharing scheme.
The agreement followed extensive engagement at the LRC and Labour Court.
Unite Regional Officer, Colm Quinlan, said:
This deal means that €5 million will flow into the pockets of Irish Life workers in the current year – and that, in turn, represents a significant injection of cash into the economy.
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