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Manager Latest News
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Date: 23rd Nov 2009
Members will recall that in a previous Newsletter we said we had begun negotiations on a new set of terms and conditions, covering reward, employment policies, pensions and performance management, for all staff in the Lloyds Banking Group.
Unlike other Unions, LTU is not prepared to sell out its members for the sake of some shabby agreement or enter into a game of charades whereby the proposals are put out to consultation and the Bank follow that consultation with some prearranged changes, which are then heralded by a Union as a major victory. The issues would then be put to bed and the Bank and the Union then do a Morecambe and Wise style dance off into the sunset their hands held high whilst staff pay and conditions are torn to shreds. That may be the way things were done in HBOS but LTU will never enter into those kinds of games.
The Bank has refused to publish its proposals. LTU has not been in a position to publish the proposals yet because of our agreement with the Bank on confidentiality, which requires both parties to agree to publication while negotiations continued. We have told members that whatever proposals emerge from our negotiations will be put to members in a formal ballot.
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