Santander UK Pay 2011
The CWU has announced that the National Negotiating Team is recommending a pay deal in Santander UK in a consultative ballot.
Under the terms of the proposed agreement most members would receive 3.1% or more with pay increases of between 0% and 5% dependent on performance and position in the pay ranges while national pay scales and allowances will rise 2.5%. Due to the structure of the deal the lower paid will receive higher increases and pay rises will be underpinned by increases of between £200 and £400.
The comprehensive offer includes the introduction a new minimum salary of £12,250; the extension of a minimum hourly rate of £7.41 after 12 months in post across the whole bank; consolidated rises for those with protected contractual rights; commitments to further talks on improving pay progression arrangements; and a review of the performance management system.
The CWU ballot closes on 2nd March 2011.
Below are copies of the CWU newsletter, Company letter and new pay scales. Please note that you will need to login as a CWU member to access this information.
Santander UK Pay 2011: Final Offer
Santander UK Pay 2011: CWU Salary Ranges
Santander UK Pay 2011: Recommended Postal Ballot
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