Newsletters From BTU
COVID-19 (Coronavirus): Advice For Members
We’re receiving numerous calls from members concerned about COVID-19 and its potential implications for work. Below you’ll find answers to the key questions.Remember, you can call the union’s Advice Team 24 hours a day on 01234 262868 if you have any further...
30% Reduction In Bonuses
The Group Performance Scheme (GPS) pool was reduced from £464.5 million in 2018 to £310.1 million in 2019, a 33% reduction. The main reason for the reduction was PPI claims but other significant conduct risk issues, including the Cranston Review and the ongoing sore...
More Job Cuts For Lloyds Staff
In his speech last year at SIBOS 2019 – ‘Transforming Through People’, Mr Antonio Horta-Osorio, Group Chief Executive said: “The first two strategic cycles were difficult for our colleagues. It was a period of huge change, regular restructuring and frequent...
‘On-Target’ GPS Awards
The bank’s pre-tax profits are expected to plummet when it announces its results on Thursday. At the same time, it’s expected to take a further full-year hit of £2.5 billion for the PPI mis-selling scandal. Hopefully that will be the last of the PPI provisions which...
Letter To MPs Regarding PPI Mis-selling: Is History Rhyming?
Letter To Rt Hon Mel Stride MP Regarding HBOS Reading
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Tippin’s Law – Lowest Paid Must Wait Years For Market Rate
We calculate that only 6.5% of Lloyds Banking Group staff voted in ballots to accept the bank’s pay proposals this year but they are still being implemented on 1st April 2020.According to a survey it had conducted last year, one of the HR approved staff unions...
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...
Letter To Dame Linda Dobbs DBE Regarding HBOS Reading
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BTU Newsletters
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