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BANK OFFICIALS’ UNION the IBOA has raised concerns about possible outsourcing at AIB. It’s after staff and union officials based at a number of the bank’s offices were briefed on the proposals.
A union spokesperson described proposals to outsource a number if IT operations as “potentially short-sighted” for the business, saying the area was now so integral to banking systems it didn’t make sense to consider moving jobs out of the direct management of the institution.
According to the IBOA: “While we understand that in some areas the process has advanced to the stage of inviting interested parties to submit tenders, no final decisions have been made to proceed other than in the outsourcing of one work area to HCL earlier in the year”.
The union says that, following recommendations from the Labour Court and Labour Relations Commission over the summer, any firm proposals for outsourcing are to be subject to full consultation and negotiation with the IBOA.
“In the event that a proposal for outsourcing is to proceed, the agreement provides that workers in these areas will have the final say on whether they wish to transfer with the outsourced work, seek redeployment within AIB or take voluntary severance.”
While the agreement provides immediate protection, the unions says it remains concerned about “the wider consequences of outsourcing for the economy as a whole,” especially if it leads to “the export of skilled work at a time when the country in general – and the banking sector in particular – is in the middle of a major jobs crisis with Government struggling to meet its job creation targets”.
A spokesperson for the bank said “AIB has previously indicated that as part of its restructuring plan to reduce costs and increase efficiencies, outsourcing of certain functions would be considered in consultation with the IBOA and affected staff”.
The bank has said there will be no compulsory redundancies as part of the move.
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People wanted the banks to pay for the crash and they wanted the banks to cut costs,
Well this is the reality of the situation, jobs will be lost.
Yes Martin unfortunately this is the way of it but as always happens it’s the guys at the very bottom that pay for the huge mistakes made by those at the top. It’s as sickening as it is predictable.
True Ted,
however even if the top people take pay cuts it doesn’t solve the problem and cut enough costs.
They’d have to shed staff and cut costs to properly do it, its the reality and I agree it does suck for the little guy
Yet the banks didnt pay for the crash , the state did
Jobs have being lost in all sectors , banks should and are no different
Hmm, a bank outsourcing IT Services… Didn’t something similar occur with Ulster Bank/RBS a while back? It didn’t turn out great, according to my memory.
AIB was just as bad as Anglo
This is a cost saving exercise, where another company can do a more efficient job
I didnt hear the bank union complaining when the tax payer , filled the €1billion deficit in the employee pension scheme
The bank employees need to get real
They have never released the write down on the transfer – probably 100% – but the lack on information considering it was borrowed money from taxpayers shows the attiitude. Whilst Vita Corlex fought for statutory redundancy – AIB had an early retirement program. Not too unlike Kildare Street and Minister Noonan allowed this to happen – 50 something wandering the streets funded by taxpayer. It was clear at this stage that the DoF weren’t in control despite owning 99.8%.
We’ll have more vol redundancies and a bigger pension deficit no doubt – funded by you know who.
IBOA aren’t a union by the way – they would be the IBOU – which would be more apt given their members input & financial pickings in the fraud of Irish banks.
Funny. Never heard anything from the bankers union in the Celtic Tiger years or when we were bailing them out to the cost of billions
Like you I have little sympathy for them….my vote goes to nurses,teachers, guards, etc.
Ya I blame the people working in the banks IT dept for our downfall. Off with their heads!!
Its geting worse for the workes of Ireland while the TDs Senators collect fat wages and expenses.
Do you just copy and paste the same comment for EVERY article?
And does nearly every one of your posrs begin with “ya” ?
Niall H.Why must you act the smart arse I bet Denise works hard so you can sit on your fat behind every day.
I just opened a bank account and I find the staff very helpfull even when I can’t undestand something they help with a smile.So please I hope no one of them lose the job.
Did you get your transfer?
Huh???? Helpful???? Would you name this bank as it must be unique. I was in a queue (one teller open) lately when an old woman came in to customer services in our local bank. Nobody on counter but two women sitting in room with glass wall talking (both bank staff), One turned and looked at old lady but made no further effort to engage. The lady waited and waited – and waited and then left. Get rid of a lot of the staff in branches.
Really I go into a bank and there is one/two employees working at the counter, while a queue of between 8-10 people wait patiently
Banks have to have some of the worst customer service
Don’t paint a majority of bank staff with the same brush. You’ll come across rude staff everywhere.
The front line staff are paying for the mistakes of the fat-cats, and they’re paying big. They didn’t make the mistakes, but they are paying for them with their jobs. It sucks.
So front line staff weren’t on commission or taking bonuses ? I do agree with you that they were only implementing company policy etc but AIB are insolvent and are on life support at everyone else’s expense. So banks staff on the payroll should suffer first. The big loans were taken by Nama leaving the bank to bully the little guy (whilst having no structure to retrieve mistakes). Other private companies didn’t have that option. When they had to let people go, it was early retirement first option.
Anyway its not front line on the blocks here? Its the IT people!
Whatever I feel about Banksters I am sorry that front line staff are about to lose their jobs— people who had no say in the shennanigans of their financial bosses or political masters. But I am even angrier at the fact that they are going to outsource these jobs to another country and provide employment there while they continue to cause unemployment here.. We are paying dearly for the failings of this particular bank and they are now kicking us in the teeth again.
Why do peoole still have AIB accounts at all?!?
AIB has to do what it has to do, good luck to them.
Tough
The Recruitment Companies will be under cutting each for these jobs…which they will then give (at severely reduced wages)…what a great society!
One joke on the Irish people after the other……..
Ultimately this is the result of the crash. In order for the banks to get out from being further financed by the state at the taxpayers expense they have to return to profitability. That means job losses and charges.
People forget that before banks started to make millions in profits in all these strange derivative tools which ultimately caused their collapse they made their money by charging people on their accounts. However because they were making those profits we all got free banking and we got used to it. Now that this is no longer an option we are returning to the original model.
We can’t have it both ways much as many people in Ireland like to. It’s either job losses and charges or funding from the taxpayer. Decide which you want?
have your say