Bank of Ireland Group announces new pay deal

18 February 2026: Bank of Ireland has reached a proposed pay deal with all its unions (FSU, UNITE and SIPTU) which recommends salary increases for colleagues covered under collective pay agreements of 4% linked to performance. The deal is subject to acceptance through staff ballot.

Bank of Ireland is also increasing entry level salaries in ROI from €29k to €30k.

Matt Elliott, Chief People Officer, Bank of Ireland said: “After constructive discussions with all three unions, we are pleased to offer our colleagues clarity on proposed 2026 pay arrangements, which will now proceed to a ballot. As a leading employer we are committed to offering competitive reward and benefits, along with progressive career development, for colleagues across our Group.”