Business Irish

Wednesday 23 August 2017

Fears of industrial action as Permanent TSB staff 'overwhelmingly' reject pay deal

Unite said today that it will seek “meaningful engagement” with PTSB management after the ballo Photo: Steve Humphreys
Unite said today that it will seek “meaningful engagement” with PTSB management after the ballo Photo: Steve Humphreys
Donal O'Donovan

Donal O'Donovan

Workers at Permanent TSB have rejected a Labour Court recommended pay deal, potentially paving the way for industrial action.

Around 1,000 members of Unite, the main trade union at the State owned bank, voted “overwhelmingly” to reject the deal which included a 2.2pc pay increase for some grades of staff as well as a 4pc lump sum payment.

Unite said today that it will seek “meaningful engagement” with PTSB management after the ballot.

Management at the bank had accepted the recommendation . The union did not issue a recommendation prior to the ballot.

“I have advised the company of the outcome of the ballot, and Unite will be seeking meaningful engagement with PTSB management in respect of our members’ claims,” Unite Regional Coordinating Officer Richie Browne said.

Unite had been seeking a pay increase of up to 12pc as well as the restoration of salary increments.

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