Newsletters From BTU
Why Mandatory Testing Now?
Lloyds will announce shortly that everyone in the engineering job family will be required to undertake mandatory job testing. That testing will be undertaken over the next few weeks. Staff will be required to rate themselves against the competencies for the...
‘Spit Kits’?
You know things must be bad when the supermarket giant Tesco arms its delivery drivers with DNA tests, or ‘spit kits’, to combat a shocking 50% increase in violent attacks on retail workers. If a customer becomes aggressive or violent and spits, the member of staff...
700 Branches?
On almost the very day that Lloyds Banking Group and the other ‘Big Four’ banks were due to meet Tulip Siddiq, Economic Secretary to the Treasury, to discuss how they can create more banking hubs, Lloyds launches a pre-emptive strike by announcing a further 55 branch...
Letter To MPs – Offshoring IT Jobs Is Bad for Growth
Caring Is Not Sharing
When Lloyds Banking Group starts asking questions about the caring responsibilities of its employees it’s a fair bet that something is about to happen. In a recent message on updating personal data, Lloyds said that it was asking staff questions about their...
Filling Your Boots?
We understand that the Board of Lloyds Banking Group is considering following the lead of Barclays Bank which recently became the first British bank to announce that it was scrapping the cap on executive bonuses. Barclays’ new bonus policy means that the top 1500...
Counting The Pennies
You know things are not going to plan when someone starts checking the taxi receipts. Lloyds is two years into a £4bn strategic plan to diversify income streams away from those, like mortgages, that are dependent on interest rates. It’s not quite going according to...
What’s It Hiding?
Lloyds has announced that it is reducing the number of Mortgage & Protection Advisors by 130 with effect from 1st October 2024. The number of Mortgage Managers is also being reduced. All told, 182 mortgage jobs will be redundant. All Mortgage & Protection...
Management By Dashboard
The new sales dashboards for individual members of staff are just a few weeks old but what’s crystal clear is that staff are now being manged exclusively according to their sales data. Unfortunately, it’s only going to get worse for members. We said that the...
‘Yielding Place To New’
Having asked members of the pension scheme what they thought about the service being provided by Willis Towers Watson (WTW), who get paid millions for administering the Lloyds pension schemes, the Trustee has decided not to give members the results! That’s not what...
BTU Newsletters
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