Work Voice Pay
Finance & Legal Sector Issue: 4 – May 2018 “Welcome to Work Voice Pay Monthly, as a part of Unite's industrial strategy, each month we will be bringing you the very latest Work Voice Pay bargaining data and news in your sector”. Sharon Graham, Executive Officer – Work Voice Pay
How much do they earn? How does your pay measure up to others in your sector and your region? WVP Monthly has the data. Earnings for full time employees in the UK are recorded by the Annual Survey of Hours and Earnings (ASHE). The best figure to look for is the median rate (the mid-point where half employees are above and half are below). You can see the median weekly pay for occupations in your sector in the table below.
ASHE Median Rates 2017: Finance & Legal Sector
Workplace Wins - Overtime
Geoff Hayward, Allianz Engineering convenor, got in touch with WVP Monthly to tell us that following a ballot, there was a win for an increase in overtime payments of 5.5%. If you have good news stories to share with others in your sector, then please contact
[email protected]
www.unitetheunion.org/workvoicepay
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Work Voice Pay MONTHLY
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How much do they earn – Regions? You can see also the median weekly pay for all sectors by UK government region in the following table. So, if you are getting less than the median it might be time to let your employer know you’re due a pay rise. If you’re already getting more, keep going in the right direction by keeping the union strong in your workplace.
ASHE Median Rates 2017: All Sectors by UK Government Regions
Raking it in WVP Monthly has always got its eye on the money. Here is money that the 5 biggest employers of Unite members in the Sector managed to rake in during the last financial year.
Finance & Legal Sector
URNOVER TOP 5 UNITE EMPLOYERS BY TU Employer
Turnover £
Lloyds Banking Group PLC
38.7 Billion
Barclays Bank PLC
26.8 Billion
HSBC Bank PLC
19.7 Billion
RBS (Royal Bank of Scotland Group)
15.6 Billion
Legal & General Group PLC
6.0 Billion
What are you thoughts? WVP Monthly is still being developed and we would like to know if there is something you want to see in the section on your sector. If so, please contact Unite Executive Officer Sharon Graham with your suggestions:
[email protected]
www.unitetheunion.org/workvoicepay
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