I want to focus my update this month on the recent Joint Consultation and Negotiation Committee (JCNC) meeting provided a valuable opportunity for open and constructive dialogue between AU and senior leadership and took place this week. For those new reps this is the most senior forum Advance meet with the bank, which takes twice per year with the CEO and other Senior ExCo members along with myself and my Deputy Keith Hoyland and I’m happy to share some high level content with you in confidence.
The CEO used the session to update us on the progress the bank has made over the past year. He highlighted key achievements and challenges as the bank grapples with implementing the strategic blueprint. However, he also acknowledged the headwinds ahead—including economic uncertainty, regulatory pressures, and the ongoing need to adapt to a rapidly evolving financial landscape.
From the union’s side, we raised several key themes that have been consistently brought to us by members:
- High Performance Culture: We shared concerns about how this is being interpreted on the ground. While striving for excellence is important, members have reported feeling undue pressure, with some experiencing unrealistic expectations or a lack of support or resources.
- Impact of the Change Programme: We discussed the cumulative effect of ongoing change initiatives, particularly on morale and workload. Members are adapting, but the pace and scale of change continue to be a challenge and anxiety.
- TSB Acquisition: We welcomed the added security and strategic value that the purchase of TSB brings. However, we also raised real concerns about the potential for further de-duplication of roles and the risk of job losses. We stressed the importance of early engagement and transparency as integration plans develop with a focus on security of employment.
These discussions were frank and respectful, and we will continue to press for clarity, fairness, and support for our members as the bank moves forward.
In different news we have now formally signed a new facilities agreement with Santander and are now working with Industrial Relations and Seniors leaders in your business areas to support agree facilities time. This will provide a great opportunity not only for our representative base but fundamentally how we all can support our members and grow our union.
As a quick reminder “Starter for 10” was officially launched on 1 November where all members including representatives can earn a £10 love to shop gift voucher for every new member that joins AU. Of course its important to join a union because you want to be part of the collective voice and the AU community, but it will enable everyone to be recognised when growing our family. If you have any questions, please do contact us.
Thank you, as always, for your continued commitment and for ensuring that member voices are heard and represented
