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Banks bosses’ pay rises simply beyond board’s control

The remuneration committee could do nothing for them – beyond their control

Letters to the Editor. Illustration: Paul Scott
The Irish Times - Letters to the Editor.
Sat Mar 07 2026 - 06:00 • 1 MIN READ

Sir, – On consecutive days, the chief executives of two Irish banks were asked on radio interviews about their new double digit salary increases – bringing them to over €600,000.

It’s the remuneration committee of their boards who set these increases – completely beyond their control – what were they to do?

They in turn, however, decided that the staff who have more than helped in delivering spectacular results were worth only 4 per cent. The remuneration committee could do nothing for them – beyond their control. – Yours, etc,

RORY E MACFLYNN,

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