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8th January 2010 - Your Future, Your Choice: Terms & Conditions Integration

Update 8th January 2010

Accord’s Principal Executive Council (PEC) has approved the arrangements for the ballot on the terms and conditions proposals.

  • The Union is conscious that all members may not yet have all of the information they need to make an informed choice. However, we have had further talks with the Bank about band sub-levels, market data, pay ranges and the proposed distribution of the 2010 pay pot. It has committed to publish all of this information by the end of January. 
  • On 22nd January the independent scrutineer that the PEC has appointed to supervise the ballot, Electoral Reform Services, will send a letter to each member at their home address giving a unique two part code which will be needed to take part in the secure on-line ballot. 
  • It will be a secret ballot and the independent scrutineer will not tell the Union how you vote. There is a guarantee of confidentiality from Electoral Reform Services. 
  • There will be a briefing document from the Union which will be accessible from the voting site. The document will give detail on each of the proposed changes, the rationale for the proposal and an independent Accord commentary. 
  • Members will be able to opt to accept or reject the proposals overall. Those wishing to reject the proposals will be able to specify which aspects they believe must be changed to make the overall proposals acceptable. Alternatively, if members are wholly opposed to the proposals, they will have an opportunity to call for a further ballot on industrial action to take place to seek to stop the Bank implementing the proposals. 
  • The initial ballot will close at noon on Friday, 5th February. 
  • The initial results will be communicated as soon as possible after the ballot closes – we will try to do this within two working days. 
  • The Union will have a meeting with the Lloyds Banking Group on or around 10th February to have an initial discussion about the outputs from the ballot and the key issues that emerge from it. 
  • The independent scrutineer will meet with the Union’s PEC on 17th February to go through a detailed analysis of the ballot results. This will identify which issues are most problematic for which groups of staff, the key messages to be drawn from members’ free format comments and the segmentation of the results by (amongst other things): 

    • Business Division
    • Levels and sub-levels
    • Pension Scheme Membership
    • Length of Service
    • Gender and whether full or part-time 
  • The PEC will then decide what further steps should be taken and will both inform members of its proposals and seek their support for these steps.  

It is hugely important that all members vote in the ballot. 

We re-iterate again that Accord will not commit to any Agreement with the Bank which would implement the proposed changes unless we have a clear mandate to do so.  

Any comments or queries should be referred to info@AccordHQ.org

To download this message in printable format (PDF), please click here.

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