The Labour Court recommended a one-off payment equal to one increment for staff in twinned Permanent TSB branches, alongside changes to sales targets and bonus arrangements. The recommendation was signed on 10 November 2005. The dispute involved Permanent TSB, the Amalgamated Transport and General Workers’ Union, the Services Industrial Professional Technical Union, Mandate and Amicus. The unions sought separate consideration of branch twinning and opposed proposals to replace salary levels with bonuses for some sales roles. The Court also recommended reviewing the effect of aggregated sales targets after 12 months and setting the clerical and sales support multiplier at 1.2% of the standard bonus for 12 months. It rejected a proposed lower maximum salary scale for new Sales Executives and Senior Sales Executives, while endorsing a change of title. The amended proposals and agreed areas were to be put to a ballot as a package; the payment would be made if accepted.
Labour Court recommends one-increment payment in Permanent TSB branch changes
Historic decision · Decision date:
Place: no local area assigned from the source.