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17 December 2020

LBG publish 2021 pay proposals

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Pay 2021 proposals published

Lloyds Banking Group has published its pay proposals for April 2021 following negotiations with Accord and Unite.

No agreement has been reached at this stage.

The main points of the offer, which was reached after extensive joint discussions, are:

If agreed by Accord members, the pay proposals will deliver increases of 1% or more for approximately 80% of the Group’s staff.

Next steps

Accord members will have the chance to have their say in an independent and confidential ballot. Details of how to take part will be announced in the New Year.

Any comments or queries should be sent to: [email protected]

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