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Tuesday 26 September 2023 Dublin: 15°C
Sam Boal/Rollingnews The Central Bank of Ireland (File Photo)
# Your Say
Poll: Does the €500,000 salary cap for bankers at State-owned institutions need to be reviewed?
It’s worried that staff at Irish banks could be attracted by more lucrative job offers.

Minister for Finance Paschal Donohoe says a wage cap on those who work in State-owned financial institutions could be leading to problems with staff retention.

Currently, those who work in top jobs in AIB and PTSB can’t be paid more than €500,000 a year.

With a large number of international banks now located in Ireland, it’s worried that staff at Irish-owned banks could be attracted by more lucrative job offers.

The Department of Finance is therefore looking to review how much bankers are paid, but we’re wondering: Does the €500,000 salary cap for bankers need to be reconsidered?

Poll Results:

Yes, they should be paid less (5381)
No (3350)
Yes, they should be paid more (1712)
I'm not sure (421)

Your Voice
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