Workplace Report (June 2021)

Bargaining news

Early money at Tesco Bank

Staff at Tesco Bank/Tesco Personal Finance, including 1,500 based in Scotland, have had an early pay rise. A paybill increase of 2% was distributed among staff from 1 May 2021, four weeks early. That helpful tweak represents an additional 0.15% increase for 2021. Elsewhere in the finance sector, staff at the Yorkshire Building Society Group saw a 2.1% increase in their pay pot.

This information is copyright to the Labour Research Department (LRD) and may not be reproduced without the permission of the LRD.