Latest News
New Performance Rating Definitions
Date: 8th Feb 2006
Members will know from LTU Newsletters that Balanced Scorecard has not always lived up to its promise and that the Union has been critical that it has become much more a stick with which to beat staff than a motivational carrot. More Info >>
Scotland New Year Opening - LTU Survey
Date: 10th Jan 2006
LTU is aware that many members remain dissatisfied with the Bank’s policy on New Year Opening in Scotland but one of the problems in campaigning on the issue is that there is no clear, coherent membership view on the subject. More Info >>
Balanced Scorecard Reviews - LTU Advice
Date: 4th Jan 2006
In November LTU reported that the Bank was to bring forward the timescales for completing end of year reviews. More Info >>
Putting The Balance Into Scorecard - UKRB Makes A Start With Bonuses
Date: 7th Dec 2005
In September LTU reported that it was discussing with the Bank the introduction of new bonus and incentive arrangements for Managers and Staff in the Branch Network, which it hoped could address some of the motivational failings of Balanced Scorecard. More Info >>
LTU and OB Agree Additional Salary Increase for Staff
Date: 25th Nov 2005
LTU and Offshore Banking agreed to jointly carry out an individual salary review of all staff in Bands 8 - 2 whose salaries were below the mid-point of the 'market' zone. More Info >>
Mortgage Arrangers' Review
Date: 25th Nov 2005
Senior Management has announced a Mortgage Review that will lead to the integration of C&G and Lloyds TSB Mortgage Arrangers within a single management structure. More Info >>
Balanced Scorecard - Performance Management Improvements Agreed
Date: 11th Nov 2005
When Balanced Scorecard was introduced throughout the Bank it was seen by many people as a new way of operating that would go a long way to restoring Lloyds TSB’s pre-eminence. More Info >>
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