THE Ulster Bank has agreed to a 2.75 per cent pay rise for staff working in the Republic.
Ulster Bank management agreed to pay the third phase of the PCW - the pay agreement between the Government and the social partners - to workers in the Republic following a recommendation by the Chairman of Conciliation in Northern Ireland.
Mr Ciaran Ryan, a spokesman for the Irish Banking Officials' Association (IBOA), welcomed the move but said the IBOA would soon be negotiating a new salary structure for Ulster Bank workers.
