Feb 6, 2024 | All Members, Pay, Redundancies
Whilst TSB has tried to put the cat back in the bag, the truth of what’s going to happen over the next 12 months was revealed by Sabadell last week. Mr. Cesar Gonzalez-Bueno, the Sabadell Chief Executive Officer, said when the results were announced last week that a...
Oct 18, 2023 | All Members, Pay
TSB should use some of its increased profits from higher interest rates to give all staff an additional cost of living payment of £1000 before Christmas. Lloyds has just announced that it is giving staff and extra £500 in December. It should be a lot more given the...
Jan 27, 2023 | All Members, Pay
At the same time as reporting record profits and a £50 million windfall dividend for its parent company, TSB is proposing to give its staff a miserly 6.5% pay increase. And that at a time when inflation is running at 13.4%. To put it simply, every member of staff in...
Jan 4, 2023 | All Members, Pay
Lloyds staff received another £500 cost of living payment in December. That’s on top of the £1,000 they have already received. TSB staff have got just £500 so far and have to wait until next February to get the next £500 payment. TSB should increase that payment...
Dec 6, 2022 | All Members, Pay
Those TSB staff who receive Universal Credit never got the full amount of the last cost of living payment in October because of the way the benefit works. If nothing changes, those same staff won’t get the full benefit of the cost of living payment in February 2023....
Jul 29, 2022 | All Members, Holiday Pay, Pay
Tens of thousands of employees on term-time contracts or on similar contractual arrangements could be entitled to back pay after a ruling by the UK Supreme Court. This decision will have wide-reaching implications for any organisations that engage zero-hours,...
