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Royal Bank of Scotland: 3.75% paybill increase

Key details

  • Pay award: 3.75% paybill increase

  • Employees covered (nos.): all (79,000)

  • Effective date: 1 April 2004

    The Royal Bank of Scotland Group (RBS) has awarded 79,000 employees all-merit pay rises from a 3.75% paybill increase, effective 1 April 2004. This year's award is the fourth combined review covering all RBS and NatWest staff.