Financial Services Union members in Danske Bank vote to accept pay deal

Over 5% Increase for Majority of Staff and Improved Salary Ranges

The Financial Services Union (FSU) and Danske Bank have agreed a pay increase for 2026 of 5.2% for staff in Danske Bank. This deal has been accepted in a ballot of FSU members working in Danske Bank.

The agreement includes :

• An overall pay pot of 5.2%.
• All eligible Grade 2 to Grade 8 employees will receive a performance pay matrix percentage increase between 4% & 7% or £1,500 pay increase (whichever is greater)
• All salary pay ranges will move by 3%.
• The new minimum starting salary has been increased from £23,500 to £25,000

Commenting on the ballot results. Mandy LaCombre, Senior Industrial Relations Officer with the FSU said:

“This is a positive outcome for our members in Danske Bank. The agreed pay increase is above the sector average and takes account of economic and labour market data, and the Bank’s performance and profitability.

It was important to the FSU that the pay increase recognised the professional work done by our members.

The talks were constructive in nature and the FSU negotiating team felt the Bank listened to the member feedback from our recent ‘Your Say for Better Pay’ member survey. A pay increase of 5.2% is welcome reward for the professionalism and dedication of the staff in Danske Bank who deserve to share in the value they create.

The salary increases, and range increases will commence from 1 April 2026.“

ENDS