#BUSINESS - Water systems firm Whale has featured in The Sunday Times' Best Small Companies to Work For list for the third year running.

The 2012 edition of the list sees the Bangor-based company - and the only Northern Irish representative - rise 19 places to number 77.

Whale was particularly commended for looking after the wellbeing of its staff, its overall ranking of eighth place reflecting the faith in managing director Patrick Hurst and the employees trust in the “sound capabilities” of the leadership.

Patrick Hurst commented: “To be listed again in 2012 is just fantastic for all the team at Whale. Our employees and their attitude and loyalty is what defines the business and is core to its continued commercial success.

"The Whale team in the are a credit to the company and themselves. They have all worked hard together to continually maintain the quality and introduce innovative, market leading products."

Whale (Munster Simms Engineering Limited) is a key player in the leisure marine, recreational vehicle, shower drainage and industrial markets. The company specialises in the design and manufacture of water, waste and heating products including manual and electric freshwater, bilge and waste pumps, Quick Connect plumbing systems, faucets, showers, space and water heaters, and accessories.

#SAILING CLUBS - Sailing enthusiasts on AIB's staff have taken a blow to the wallet as the bank is to stop paying club membership fees for employees, the Irish Independent reports.

In an e-mail seen by the paper, AIB head of human resources John Conway said the cuts - which came into effect on 1 January - were the result of a review of benefit structures within the bank, which is dealing with "ongoing problems".

The change brings to an end two benefits-in-kind that had been considered significant attractions for new employees, the other being special lending rates for staff members.

Up till the end of 2011, AIB covered 50% of club membership fees up to €1,250 for rank and file employees, and 100% of fees up to €2,500 for management. Bank of Ireland staff continue to receive similar perks.

The moves comes not long after the Irish Sailing Association's announcement of proposals to revise its sailing club membership fee structure.

As previously reported on Afloat.ie, the ISA will convene an EGM next month to discuss changes to the 'joint membership scheme' in favour of a "single fee formula that is proportionate to a club's membership subscription income".

The Irish Independent has more on the story HERE.