Permanent TSB has announced that all staff will see a pay increase in the next two years along with a number of other improved benefits.
The bank has been in talks with unions in recent months and has agreed upon a "progressive two year pay for performance deal" of 6.5 per cent, with a 3.5 per cent increase in the first year followed by a 3 per cent increase in the second year.
As a part of the plan, the minimum starting salary for all entry-level or graduate staff will also increase from €25,000 to €27,500.
