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Alliance & Leicester: basic increase worth 3%


KEY DETAILS

  • Pay award: 3% basic pay increase plus performance-related lump sum
  • Employees covered: clerical, supervisory, technical and managerial staff (5,400)
  • Effective date: 1 July 2006

The Alliance & Leicester bank has awarded the majority of its 5,400 clerical, supervisory, technical and managerial staff a basic pay increase worth 3%, effective from 1 July 2006. The settlement was negotiated with the Alliance & Leicester Group Union of Staff (Algus).