Bloomberg News

Irish EBS Staff Vote for Christmas Strike Action Over Payment

December 13, 2011

Dec. 13 (Bloomberg) -- EBS Ltd. staff that are members of the Unite labor union voted “overwhelmingly” in favor of strike action during Christmas week because of the Dublin-based lender’s decision to withhold a Christmas payment to workers, Unite said in a statement.

“This payment has been made in each of the last 45 years to all staff, but this year it has only been paid to managerial staff who had the option to change the structure of their pay package some years ago,” Unite said in an e-mailed statement.

EBS, which was taken over by Allied Irish Banks Plc in July, said Dec. 7 it was not making what it called a “Christmas bonus” payment to staff. Unite said the same day that the money was a 13th month payment and “was never” a bonus. More than 300 Unite members will now strike, the statement said.

To contact the reporter on this story: Joe Brennan in Dublin at jbrennan29@bloomberg.net

To contact the editor responsible for this story: Finbarr Flynn at fflynn3@bloomberg.net


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