Accord Ask For Help With Ballot

You simply couldn’t make this stuff up! Accord’s General Secretary went cap in hand to Lloyds asking for its help in getting his members to vote in its pay ballot. How low could Accord sink? Members will recall when Accord’s General Secretary took to the stand to...

Another Rotten 2-Year Pay Deal

Given the economic uncertainty why would you agree to another 2-year pay deal for staff in grades A-C when the Bank is only proposing a one-year pay deal for staff in grades D-G? That’s what the Bank-approved staff unions have agreed, again. Equally, staff won’t be...

The Good, The Bad & The Ugly

The idea of rewarding staff based on their skills whilst encouraging them to develop their abilities and expertise sounds appealing in theory, but it’s bound to fail. Why? Quite simply: cost. Lloyds is not going to allow all staff to progress to the higher skill...

Is Greed Good?

It seems that the person with the largest basic pay increase in Lloyds this year will be Mr. Charlie Nunn. No, not the Charlie Nunn who works at the Lloyds branch in Bedale, North Yorkshire. but the tie-less hipster who works in Gresham Street. Mr Nunn’s basic salary...

Accord’s Pay Squeeze…..Again.

Accord and Unite made much of their 2 year pay deal when it was announced back in 2023. That deal was worth 4% for grades A-E and 3.5% for grades F and G for 2024 and 2025. Accord recently said it had: “Secured pay increases for 2025 at more than twice the current...

It’s Gone From A One Year To A Two Year Pay Squeeze

Members won’t be be fooled by the headline figures produced by Lloyds and their in-house staff unions. They’ve seen it all before. It was a pay squeeze last year and that’s set to continue for the next two years for many Lloyds staff. The bank’s two-year pay deal...

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