Removal of upper & lowers in Grades D & E
Lloyds Banking Group has announced that it will remove the upper and lower levels from grades D and E from 1st August 2021 which means there’ll be a single grade D and a single grade E.
In the joint discussions we proposed and agreed an approach to the pay range for the new grades which means:
- The current ‘lower’ minimum becomes the minimum for the new combined range
- The current ‘upper’ maximum becomes the maximum for the new combined range
- The current ‘upper’ mid-point becomes the mid-point of the new broad band
- No colleague’s current personal salary will be above or below the new range
- No colleague will see a reduction in their mid-point. This means there is no negative impact from a pay perspective
More information is being provided by the Group in briefings to staff in grades D & E.
This change is part of a cultural change programme to simplify the grading structure. The programme will also result in the simplification of grades H and above.
We know that grade means more than pay to some members and there may be questions about the impact of this change on the 2022 Pay Review. These issues will be worked through in the joint talks later in the year.
So, it’s a great time to share your thoughts with us and help shape the next stage of the joint discussions. Please email [email protected]
It's time to join Accord
Before we go, we’ve got one ask of you. Please share this newsflash with your grade D & E colleagues and encourage them to join you in Accord. We represent more staff in grades D & E than any other union.
They can join us online and we’ll give them the first 3 months for free - all they need to do us use the promo code DE3FREE when signing up. In addition, we’ll donate £10 to the Trussell Trust for every new member who joins us before the end of July to support foodbanks throughout the UK.
Thanks for being an Accord member.
We look forward to receiving your feedback. Any comments or queries should be sent to [email protected].