In one of our previous Newsletters we said: “We have been arguing for a long time that TSB, like Lloyds, should get rid of all performance ratings and instead focus on regular discussions and development. In our recent sales survey, 69% of staff said that the bank...

Following the announcement of branch closures last year, staff in those branches that were due to close had the option to ask to be redeployed into another branch, subject to a role being available. Some Local Banker As and Cs also had the option to register for...

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To put TSB’s 2020 pay proposals into perspective, members should read the next sentence carefully. Compensation for key management personnel in TSB, which is the Board and Executive Committee, increased by 3,149.2% between 2018 and 2019. No, we haven’t got that figure...

The bank will shortly announce its pay proposals. Given that TSB staff have seen their pay decline relative to other financial services organisations over the last few years and the lack of progression for staff, we are demanding an inflation busting pay...

Well, it was a non-denial, denial.According to press reports at the weekend, TSB said that: “It had no plans to close either Keypoint or Barnwood”. Members will appreciate that’s very different from saying: “TSB will not be closing either Keypoint or Barnwood”. TSB...

TSB begins 2020 as it left 2019, in a desperate scramble to cut its bloated cost base.Insiders have told the union that TSB will announce a further wave of reorganisations and job cuts in April – centred on head office roles - and at the same time it will announce the...

Is it any wonder that 66% of TSB staff don’t believe that they are paid fairly for the work they do when over the last 2 years they have been on the receiving end of the worst pay deals in the finance sector. And, according to the latest engagement survey results,...