Santander Pay Award 2022 – Final Offer – Issue No. 01/2022
Issue No. 01/2022 | 06 January 2022
TO ALL BRANCHES WITH SANTANDER MEMBERS
Dear Colleague
Santander Pay Award 2022 – Final Offer
Following intense negotiations with the Bank on the 2022 Pay Review the CWU National Team are now in a position to strongly recommend to the membership the final offer which is detailed below and is effective from 01 March 2022.
Background & CWU Objectives
Against a backdrop of the Bank achieving strong quarter three 2021 financial results, tempered with a number of financial and commercial challenges to deliver transformation and remain competitive, it has been the objective of the CWU to negotiate a flat rate increase that rewards all colleagues in Bands S1–S5 and equivalent grades (including colleagues in Santander Technology).
It has also been the objective of the Union to negotiate a recognition payment that recognises the contribution that our members have made over the last 12 months.
Main Elements of Offer
- All eligible colleagues to receive a flat rate award of £1000 consolidated for those within pay range and non-consolidated for those above their pay range. For those colleagues in Santander technology the £1000 payments will be consolidated into their salaries.
- Where the £1000 increase in part takes a colleague over the maximum of their pay range, the award will be split into consolidated and non-consolidated as appropriate.
- The increase will be pro-rated (consolidated and non-consolidated) for part-timers. Colleagues eligible for pay progression will receive the £1,000 award if higher.
- Any pay-related allowances, such as overtime, will be recalculated in line with any increase in salary.
- Whilst performance is not a determining factor this offer excludes colleagues with a 2021 performance rating of ‘Not Achieved’. However, those that subsequently complete a documented coaching plan by 01 August 2022 will receive a pro-rated pay increase effective from September 2022 pay.
- Colleagues must have been employed on or before 01 November 2021 and still be employed on 01 March 2022 to be eligible for the Pay Review.
- In recognition of the outstanding contribution of colleagues during 2021 a one-off non-consolidated cash (gross) payment of £250 for all colleagues payable to those employed on 31 December 2021 and who are still employed at the point of payment in February 2022.
- Those employed on 31 December 2021 and who subsequently leave by reason of redundancy or retirement before the payment dates will also be eligible for the one-off non-consolidated cash (gross) payment of £250.
Pay Ranges
- An Increase to S1/G1 and S2/G2 salary ranges and midpoints of 2%.
- A commitment secured by the CWU for a joint review of the S1 and S2 pay ranges during 2022, ahead of the 2023 pay negotiations.
Increases to the Minimum Salary
- The minimum full-time entry salaries for S1 P1 will increase from 01 March 2022 from £17,370 per annum to £18,520 per annum.
Non-Pay Related Allowances
- An increase of 2% to the ALCB Shift allowances (Shift Types 1,2, 3 and 4). All other remaining allowances remain unchanged.
Family Leave
- An increase of paid maternity leave from 20 weeks to 23 weeks
- This increase will also apply to Adoption Leave and Shared Parental Leave.
- An increase to Paternity leave to extend the fully paid period from 4 weeks to 5 weeks.
These arrangements will apply to colleagues with an Expected Week of Childbirth (EWC) – or The Matching Week – in the case of adoption – on or after 26 February 2022.
Conclusion and Consultation
Recommendation – Vote Yes!
It is the view of the CWU National Team that this is the best deal that can currently be negotiated and we will be strongly recommending the final offer to the membership via an electronic ballot. The timetable and dates of member briefing meetings to be circulated shortly.
Any queries should be addressed to your CWU representative; contact details can be found below.
| Algus National Branch | 0116 200 3620 | info@cwualgus.org.uk |
| Bootle Financial Services | 0151 966 2420 | 4north@cwubootlefs.com |
Yours sincerely
Sally Bridge
National Officer
Gordon Johnston
CWU Telecoms & Financial Services Executive