Thursday, August 15 16:45:30
A majority of members of IBOA in AIB Group in Ireland and Great Britain have voted to accept the recently issued recommendations from the Labour Court and the independent mediator, Kevin Foley.
These cover a wide range of issues including changes to pension arrangements, extended working hours, contractual pay, redeployment, transfers, outsourcing and future engagement.
IBOA General Secretary, Larry Broderick, said that: "our members in AIB have accepted these recommendations on the basis that the commitments contained in the proposals are honoured by both AIB management and the Government".
"Even though our members in AIB have already made considerable sacrifices in recent years, the recommendations from the Labour Court and the independent mediator make even more significant demands on our members. Nevertheless they have signalled in this ballot vote that they are prepared to rise to the challenge in order to assist in AIB's recovery - in the interests of the customers, the shareholder, the economy and of the staff themselves," said the IBOA leader.
"The recommendations recognise the contribution of these workers and confirm that they deserve to be consulted on future developments within AIB in the form of a structured engagement between their trade union representatives and AIB management. In light of the recent comments by AIB Chief Executive, David Duffy, that the total package of measures provided for in these recommendations will satisfy the requirements of the Minister for Finance for overall payroll reductions following the Mercer Report, I trust now that the Government will desist from any further opportunistic attacks on bank workers."
"I also hope that the continuing sacrifices being made by ordinary bank workers in order to address the consequences of the reckless behaviour of those senior executives who precipitated the crisis in Irish banking will be reflected in their treatment by the general public and by the media," he added.