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Latest News
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Date: 14th Jan 2011
In September, when the Bank announced that they were inviting heritage Lloyds TSB employees to accept their new contracts of employment individually, because they had reached agreement with Unite but not LTU, Angie Risley, Group HR Director, said that “Although you will entitled to a pay review, which will be carried out following appropriate consultation with the relevant unions, it is unlikely that you will receive a pay increase”. More Info >>
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Date: 16th Dec 2010
To say that the Group’s new approach to the management of pay is intellectually bankrupt would give it a level of sophistication it doesn’t deserve. More Info >>
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Date: 15th Dec 2010
LTU has been concerned for a long time that the Bank’s remuneration practices are discriminatory and that it is in breach of equal pay legislation, both in terms of basic pay and the payment of bonuses. More Info >>
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Date: 29th Nov 2010
Staff who chose not to sign the new contracts of employment will continue to be governed by their existing heritage employment policies in respect of areas such as sick pay, mobility and holidays. More Info >>
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Date: 8th Nov 2010
One of the new features of the Bank’s Performance Management System, in addition to the new rating definitions which are set out on page 4 of this Newsletter, is the self-input commentary on the Your Performance (YP) Scorecard. More Info >>
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Date: 8th Nov 2010
One of the new features of the Bank’s Performance Management System, in addition to the new rating definitions which are set out on page 4 of this Newsletter, is the self-input commentary on the Your Performance (YP) Scorecard. More Info >>
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Date: 5th Nov 2010
Since April this year staff receiving promotional salary increases have been told that those are being offered on the understanding that the increases are subject to the 2% pension cap. More Info >>
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