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Labour Court recommends phased pay rises for Credit Finance Bank staff

By Fionn Kelly

Historic decision · Decision date:

Place: no local area assigned from the source.

The Labour Court recommended phased pay increases for 29 staff at Credit Finance Bank after a claim by the Irish Bank Officials' Association. Its recommendation was signed on 15 November 1988. The Court recommended a 4% increase from 1 April 1988 for six months, followed by a 3% increase on the first £120 of basic weekly pay and 2% on any amount above that for 12 months. It also recommended payment of outstanding annual increments and talks on pay anomalies by 31 December 1988.

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