Category Pay 2018

As with all pay offers, Unite members had the final say. The results show that there was widespread dissatisfaction with the bank’s final offer with over a third of voters rejecting the offer. This newsletter was first published in February…

The Pay 2018 negotiations concluded with an offer being put to members. While there were some high numbers in the matrices, the bank’s performance related pay approach utilised a bell curve which ensured that only very few workers received the…

As negotiations towards a solution for Pay 2018 progressed, the Unite team shared an update with members. You’ll notice that the figures in the Unite pay claim are extremely modest. This is an indicator of how low pay was in…

Following the 2008 financial crash, NatWest Group (then known as RBS Group) pursued a programme of savage cuts and cost-saving exercises. Many long-standing terms and conditions were removed. By 2017, Clerical staff (now known as A grade) had had their…

NatWest Group, then known as RBS Group, was severely impacted by the 2008 global financial crisis. Between 2008 and 2016, the bank reported substantial losses including a high of £24.1 billion in 2008. As a direct result of this, pay…