Permanent TSB, one of the largest players in retail banking in Ireland, is offering staff a paid career break in an effort to cut costs.
The initiative is being taken as the bank expects less business volumes in the months and years ahead arising from the recession in the Irish economy.
Permanent TSB has confirmed it is offering to pay employees up to €20,000 euro to take a two year career break (€10,000 per year) or €35,000 for a three year break.
Unite, the trade union which r... read more »
