EXCLUSIVE: DONEGAL BANK STAFF POCKET HUGE BONUSES

first_imgAT LEAST A dozen Bank of Ireland staff in Donegal have pocketed whopping bonuses, donegaldaily.com can reveal.Bank of Ireland has many generous perks for its senior executives.And despite the taxpayers’ bail-out the bank has continued to pay handsome wads of cash to senior staff. And today a Donegal Bank of Ireland insider told donegaldaily.com: “There’s a lot of media attention surrounding Dublin executives but at least a dozen here in Donegal have banked big bonuses.“The coverage of the situation in Dublin is a smokescreen. Senior executives across the country get annual bonuses and a few in here have landed some too.“I personally don’t think any bonuses should be paid after the collapse of the banks. If I was given one, I’d hand it back. It belongs to the country now.”Asked how much was paid out, our source replied: “You are looking at between €10k and €50k.” The chief executive of the Bank of Ireland gets an annual cash allowance of €34,000 for his car on top of his basic salary of €690,000.Head of retail Des Crowley receives an annual car cash allowance of €27,500 along with €20,000 for entrance fees to clubs, and €7,000 for annual membership fees. Both also receive free tax advice.The bank refuses to discuss bonuses, claiming commercial confidentiality.EXCLUSIVE: DONEGAL BANK STAFF POCKET HUGE BONUSES was last modified: December 18th, 2010 by gregShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img

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