Bank of Ireland and AIB employees will receive a one off €1,000 payment from the FSU to assist them through the cost of living crisis.
Staff will receive the money in the form of a tax free voucher. The move follows extensive campaigning from the FSU for workers to receive financial assistance as costs continue to rise.
The FSU began campaigning in September for an increase on the small benefit extension for workers to be increased from €500 to €1,000. John O’ Connell, General Secretary of the FSU, welcomed the news and said he would encourage other employers to follow suit.