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...

Pay & Grading In 2020

Unless the new grading and reward structure to be announced later this year deals with the issue of progression, staff will continue to be undervalued relative to the market place. And the issue of progression will become more important with the contraction of grades...

The PPI Scandal And Sales Culture In Lloyds Banking Group

Please click here to see a PDF version.  Latest News Pay & Grading In 2020 8th January 2020 The PPI Scandal And Sales Culture In Lloyds Banking Group 8th January 2020 Bah Humbug – Lessons From The Christmas Party 11th December 2019 Pay 2020 – Another Missed...

Bah Humbug – Lessons From The Christmas Party

You probably won’t be surprised to hear that every January, we receive calls from members being investigated for their alleged misconduct (or gross misconduct – that is misconduct justifying dismissal) at their office Christmas parties. Allegations have...

Pay 2020 – Another Missed Opportunity

The 2020 pay pot is 2.4% compared to 2.6% last year. However, the Office for Budget Responsibility, which provides independent and authoritative analysis of the UK Public finances, is predicting that when pay becomes effective in April 2020, retail price index (RPI)...

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