Unite reaction to Lloyds Banking Group bonuses
15th February 2009
Wendy Dunsmore, Unite national officer, said: “Staff at the new
Lloyds Banking Group must not be made scapegoats in the public
debate around pay and bonuses in the financial services sector. The
front-line workforce, many of whom earn as little as £17,000 per
year, are in no way responsible for the financial difficulties
which the bank now finds itself in. Unite will not accept a
situation where staff are made to suffer financially for the
mistakes or greed of the top executives who ran the bank.
“The employees of Lloyds Banking Group have worked hard and must
be rewarded fairly for their efforts. These low paid employees have
clear performance targets and future bonus payments are measured in
relation to work done throughout the pervious year. It is only
right and proper that the company ensures that their loyal and hard
working employees get the appropriate recognition for their
work.”
ENDS
For more information contact: Saba Mozakka on 07768 693 953.
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