Only executives and senior management will be exempt from the payment being offered to staff in August by Lloyds Banking Group.
Lloyds Banking Group has offered tens of thousands of staff a one-off payment of £1,000 to help with the rising cost of living.
The country's largest domestic lender said the money would be made available in August, according to a memo seen by Sky News.Lloyds had come under pressure to help its lowest-paid workers cope with rocketing inflation, with Unite demonstrating outside its annual general meeting in Edinburgh in May. The union said then that Lloyds rewarded shareholders through dividend payments on the back of record profits but had ignored the needs of bank branch and call centre staff.It hit out at its 2022 pay awards after a survey it carried out found some workers complain they would not be able to sufficiently heat their homes following unprecedented hikes to energy bills.
Others, Unite said, were sacrificing their future retirement plans by stopping pension contributions in the face of mounting inflation - currently at a 40-year high.
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