This site is intended for Healthcare Professionals only.

PDA to reach out to LloydsPharmacy for better pay hike as pharmacists reject ‘unacceptable’ offer

Date:

Share post:

The Pharmacists’ Defence Association (PDA) Union says it will be reaching out to LloydsPharmacy soon over a better deal on salary increase after the majority of its members rejected a three per cent offer made by the company recently.

Paul Day, director, PDA Union told Pharmacy Business: “The PDA Union will communicate the response of employed pharmacists to the company and seek further discussion to try and find an offer that will be acceptable to union members.

“Both management and union representatives have a vested interest in working to find such a solution and that is the outcome we hope to achieve.”

After months of negotiation by the PDA Union, the company offered a three per cent increase in salaries from the 1.8 per cent in the earlier offer made by the company.

“Through negotiation over last few months that was increased to 3.0 per cent, plus a long term incentive plan (LTIP).  Though the LTIP potentially offers large bonuses, it isn’t guaranteed. Therefore what we put to members was the confirmed offer of three per cent  increase in salaries,” said Paul.

However, the majority of the members voted to reject the offer.

Paul added: “We are going back to the company to see if a better deal can be reached.”

Since February, the Union is in talks with the company to secure an offer that is acceptable to its member. Lloyds Pharmacists had made offers to increase pay by 1.8 per cent and 2.3 per cent, the latter coupled with a Long Term Incentive Plan (LTIP) that will deliver further increases in income, but not for two years. But both the offers were earlier rejected by the members.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Current Issue March 2024

Related articles

Superdrug to open 25 new high street stores this year

The opening of new Superdrug stores is anticipated to generate over 500 jobs nationwide Superdrug is bolstering its physical...

New Hospital Scheme delays drain millions monthly from ‘scarce’ NHS funds, trust leaders warn

Trust leaders are calling on the next government to commit to constructing 40 new hospitals in England by...

NHS virtual wards set to slash waiting times, prevent 178k admissions in next 2 years

Under the new NHS virtual wards scheme, hospitals to be incentivised for prompt care, with 12-hour A&E target In...

Pharmacist Support: Trainee pharmacists get set to ACTNow for mental health awareness ahead of GPhC assessment

Pharmacist Support's annual mental health awareness campaign offers vital support ahead of GPhC assessment and registration transition Trainee pharmacists...