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Unite calls on Barclays to do more to tackle low pay

Unite calls on Barclays to do more to tackle low pay

12 February 2013

Unite, Britain's biggest union, has urged Barclays to do more to close the pay gap between the highest and lowest paid staff at the bank.

The union's demand comes as Barclays profits rose 26 per cent £7.05 billion on an underlying basis. 

Unite national officer, Dominic Hook said:

"The CEO's promise of a culture shift at the bank is to be welcomed but we need to see more progress to address the gap between the highest paid and the lowest paid staff at Barclays, which is huge.

 "It's shocking but true that the starting salary at Barclays is just £13,500 a year, making some workers at the bank eligible to claim tax credits.

"With pay negotiations due to start soon, Unite will be expecting the bank to reward its staff fairly for their contribution to the success of the bank."

ENDS

Contact: Ciaran Naidoo on 07768 931 315

Notes to editors: Unite is Britain and Ireland’s largest trade union with 1.5 million members working across all sectors of the economy. The general secretary is Len McCluskey.