Our Postcard Campaign – Send your message to the FCA – Rethink staff pay 2023
We warmly invite you to participate in our collective action calling for the FCA and PSR to rethink staff pay 2023.
Our voice is stronger when we act together, and by adding your message to our postcard campaign, we’re making our ask louder, clearer and unavoidable.
What’s the Postcard Campaign?
This is an opportunity for you to send your message to FCA and PSR leadership on staff pay 2023. Everyone’s message will be printed on their own postcard and Unite will send these together around the 2nd March. We’re stronger and safer taking action together, that’s why we’ll only send our postcards when over 200 staff have taken part.
This campaign is a creative way to take collective action short of industrial action. The more of us participating the bigger the impact of our collective voice. Once you’ve joined hundreds of your colleagues taking part in this campaign, consider sharing this with your FCA and PSR networks.
Why should we take part?
Hearing from hundreds of staff through Town Halls, our Unite Pay Survey, and Branch Meetings it’s clear that staff are being significantly affected by the cost of living crisis.
Of those taking our 2023 Pay Survey 97% of respondents said they are affected by the rising costs of living – 50% significantly so. A 0.5% adjustment isn’t going to make the difference needed when inflation is 11-14% and represents the poorest cost-of-living adjustment of any regulator or financial firm we know.
The FCA can afford to make significant investments in its staff without breaking the bank and FCA staff need to know they can afford to stay in their jobs. Despite promising greater transparency and enhanced staff representation, the FCA chose not to consult staff on this years pay decision. This is wrong and needs to be fixed.
If the FCA won’t ask staff about their pay, Unite will help staff make their say loud and clear.
That’s why staff are asking the FCA need to rethink staff pay 2023.
What are we trying to achieve:
- A pay adjustment bigger than 0.5% for the cost of living regardless of performance grade.
- For the FCA to consult staff on their pay and how they are being affected by the cost of living crisis.
- For improved working conditions and benefits to make the difference between inflation and the pay adjustment (as many other financial firms and regulators have done).
- Greater equity for Edinburgh and Leeds staff paid less than their London colleagues for the same work.
The FCA’s 2023 pay offer doesn’t come in to effect until April-June 2023. This gives the FCA time to talk to staff, reconsider, and improve their offer. Our staff-led ‘Unite the FCA’ Action Plan outlines how the FCA could do this.
Already Unite have sent Nikhil Rathi a ‘Dear CEO’ letter on behalf of FCA staff. Your case is stronger and clearer however when decision-makers hear directly from you, FCA and PSR staff, as part of collective action. That’s why we warmly invite all FCA and PSR to take part in our Postcard campaign.
Who can take part?
This campaign is for current FCA and PSR staff. It doesn’t matter if you’re a Unite member or not, which office you work from, or how long you’ve worked at the FCA – this campaign is inclusive of everyone.
Should you take part, we’ll ask you for information to verify you’re a current staff member – this information will not be shared with your employer. All that will be shared with your employer on these postcards are your first name (second name optional) and the text message you wish to add (up to a max of 50 words).
We’ll close this campaign for submissions on Wednesday 1st March 2023.
Take part
