Job Families & The Merging Of ‘Uppers’ and ‘Lowers’

Members are going to hear a lot about ‘job families’ when the bank announces its new approach to career progression. The easiest way to explain this is as a group of related jobs organised in terms of grade. So, there might be an HR, Finance, Audit, Digital or...

Schroders Bonuses

Much of Lloyds Banking Group’s profits for 2019 are going to be wiped out by PPI compensation payments. Staff in LBG have been told to expect significantly lower bonus payments in February, with some suggestions that bonuses could be reduced by 25%.How does that...

Pay & Grading In 2020

Unless the new grading and reward structure to be announced later this year deals with the issue of progression, staff will continue to be undervalued relative to the market place. And the issue of progression will become more important with the contraction of grades...

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