UK - The Royal Bank of Scotland is improving pension benefits for its part-timer workers.
The move will bring them into line with staff at NatWest which RBS took over in 2000.
It follows a deal in August when the bank became one of the first firms to reach a settlement with part-timers by agreeing to pay compensation to more than 1500 workers, including part-time staff at NatWest.
Under the deal, any overtime which part-timers worked above their contracted hours would be pensionable.
Nevertheless, this meant that terms for NatWest part-timers were better than those for their counterparts at RBS.
Trade union Unifi says terms have now been renegotiated to bring RBS workers into line with those at NatWest.
Unifi negotiating officer Linda Gregory said the bank was finalising the details of the settlement and that an announcement would be made before Christmas.
The settlement at RBS comes in contrast to delays in finding a settlement for part-timers at Lloyds TSB.
Three months ago, Unifi said talks with the bank had reached the “endgame”, but it has yet to hear from the bank.
A sticking point in previous negotiations with Lloyds TSB had been the status of people who had opted out of joining the scheme – when they had the opportunity – and whether or not their rights should be backdated.
However, Gregory said the issue had been resolved at a national employment tribunal in August.
She said: “Lloyds TSB are still flapping about. All that’s been clarified in our favour, so somebody has got to pick this up and run with it.
“Lloyds TSB will be the next big one.”
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