Click here to read the latest Unite in AXA newsletter on AXA’s 2017 pay offer.

Please leave your feedback below or talk to your local union rep.

This statement sets out details of the overall pay budget (how much the company has available to spend overall) and framework (how AXA will spend that money) for 2017. These are negotiated between AXA and Unite for AXA Insurance (Levels 9-6) and Corporate Centre (Levels 9-6), and consulted with Vox for AXA PPP and AXA Global Protect (all levels).

Overall budget

This year’s pay budget talks have concluded with an overall pay offer of 2.7% for employees (Levels 9-3). Any pay increases will take effect from 1 April 2017.

Levels 9-6 Pay Framework

This year the way the pay budget will be delivered is changing slightly. For levels 6-9, similar to previous years, pay increases will be determined based on your performance rating and position in the pay range. This year there will be more consistency with a fixed matrix used to set pay increases.

The overall budget will be split as follows:

• A fixed pay matrix that will spend 2.5% of the overall budget (as shown below), plus
• An additional 0.2%; the allocation of this will be determined by each OpCo.

*For AXA Insurance and Corporate Center it has been agreed that the 0.2% additional spend will be used to enhance the above pay matrix. AXA PPP will use their additional budget alongside their matrix.

 Levels 5-3 Pay Approach

This year managers will have more discretion to set pay increases for levels 5-3, enabling more individual focus. Your performance and current salary against the pay ranges will still be part of the decision making.

Each pool head will be given a budget to distribute. All pay increases will need to be within the agreed overall pay budget.

Other adjustments

AXA’s minimum salary level will be increased; however the remainder of the pay ranges will be unchanged.

Other pay arrangements such as the Insurance Claims Development Framework and PPP Job Families are managed outside of this process.

Please see the My Reward pages on ONE for more information on the annual pay review process.

 Next steps

Unite will ballot their members, with the ballot taking place from Wednesday 25 January.

Please speak to your Line Manager or Unite Representative if you have any questions.

Lucinda Charles Jones                                                Dominic Hook

HR Director UK/I and                                                 National Officer – Unite

Global Life, Savings & Health

Addendum:

The additional 0.2% for AXA Insurance and Corporate Centre will be used to enhance the above pay matrix as follows,

Click here to read the latest Unite in AXA newsletter on our 2017 pay claim  Please leave your feedback below or talk to your local union rep.

Based on a 69% return of ballot papers issued, the result of the 2016 2nd pay ballot is as follows:

For: 48%
Against: 52%
Spoilt: 0%

We have communicated this to the company and have entered further talks…

Thank you to everyone who voted and the local workplace reps for the hard work they put in running the ballot.

Click here to read the latest Unite in AXA newsletter on the changes to the 2016 pay offer.

Please leave your feedback below or talk to your local union rep.

Based on a 67% return of ballot papers issued, the result of the 2016 pay ballot is as follows:

For: 23%
Against: 77%
Spoilt: 0%

In view of the overwhelming rejection of the company pay offer we have formally asked AXA to reopen the pay negotiations to try and achieve an acceptable negotiated settlement.

Thank you to everyone who voted and the local workplace reps for the hard work they put in running the ballot.

Click here to read the latest Unite in AXA newsletter on the 2016 pay offer.

Please leave your feedback below or talk to your local union rep.

Pay negotiations between AXA UK and Unite have concluded with the following pay offer for employees in Unite’s bargaining group in levels 9-6a. Employees in levels 9–3 who are not collectively bargained for will also receive this pay offer. Pay arrangements for the Insurance Claims Development Framework are managed outside this process.

A headline pay offer of 2.5% delivered as follows:

• A pay increase based on a 2% pay matrix. Any increase will be based on your performance and position against the pay ranges using the matrix shown below:

* For employees “Above” the pay range (i.e. where their FTE Salary is over the maximum of the pay range) the amount payable will be based on the percentage from the “High/Above” category in the pay matrix and the maximum salary for the applicable range.

• A 0.5% targeted spend budget to focus on specific key areas determined by each OpCo. Unite will be kept informed of the company’s decisions in respect of its bargained for group. Allocation of the targeted spend budget will be concluded by the end of September 2016.Minimum salary levels in each of the pay ranges will be increased, the remainder of the pay ranges will be unchanged.

Please see the My Reward pages on ONE for more information on the annual pay review process.

Unite will ballot their members, with the ballot taking place from Monday 25 ^th January to Friday 5^th February.

 Please speak to your Line Manager or Unite Representative if you have any questions.

Lucinda Charles Jones                  Dominic Hook

Group HR Director                       National Officer Finance & Legal, Unite

Click here to read the latest Unite in AXA newsletter on our 2016 pay claim

Please leave your feedback below or talk to your local union rep.

Click here to read the latest Unite in AXA newsletter on performance management and the incorrect use of forced distribution by some managers.

Please leave your feedback below or talk to your local union rep.