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04 March 2024

TSB pay review 2024

Survey results & next steps
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TSB members' survey on Pay 2024: Results and next steps

On 15th February I wrote asking you for a response to a survey on TSB’s pay proposal for 2024.

Around 40% of members completed the survey by the closing date of 23rd February. Of those, 92% said the offer isn’t good enough.

The survey results with an analysis by grade and business area is available here.

The main reasons given for rejecting the proposals were that they do not properly reflect the impact of inflation last year nor TSB’s profits.

Whilst the level of members’ participation in the survey could have been better, the outcome is absolutely clear.

We’re asking TSB to respond positively to this unprecedented feedback from its colleagues and will report back after talks have taken place.

Your support will be essential as we work on this important issue.

Thanks for being a member of Accord. We’re going to need all the support we can get on this so feel free to share this email with your colleagues who may not be members of Accord and ask them to join us. They can do so using this link.

Review survey results

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