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Fiduciary Services - New Pay Zones Agreed
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Date: 16th Mar 2005
Following LTU’s successful campaign to get a new deal for PBE’s (now PBM’s) we said it was only the start and that Tax, Trusts and Estates staff all needed their packages reviewed so as to reflect the external market for their jobs more adequately and we can report that new specialist pay markets for Fiduciary Services have now been agreed. The new ranges will apply to all staff in Bands 4 - 7 and will be effective for this years pay review. Band 8 staff will continue to be managed within the Financial Services Non-Branch Zones.
The new ranges are between 9% and 35% higher than the Financial Services Pay Market that has previously been used and an additional £200k has been agreed to help move staff to the new zones. All staff will be brought within at least the Primary Zone.
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