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Important update regarding bank rates

December 18, 2024

As you will be aware, the Trust, and the wider NHS, is currently facing significant financial pressures, with a £44m financial improvement target.

As a result of this, we have made the difficult decision to lower the rates of pay for all bank shifts. From Monday 6 January 2025, shifts will be paid at mid-point and from Tuesday 1 April 2025, they will move to the bottom of the scale.

This isn’t a decision that has been made lightly, as we know that bank staff and indeed substantive colleagues picking up bank shifts, are vitally important to the successful running of our services, however it is a necessary step as we continue to try and improve our financial situation, and the commitment of the Black Country Provider Collaborative to move to consistent bank pay rates across the provider Trusts.

We will be reducing the rate of pay for all bank shifts to midpoint from Monday 6 January 2025 and to the bottom of the scale from Tuesday 1 April 2025. These pay points for levels 2-7 can be seen below. We have briefed staff side and trade union colleagues of these changes and the rationale.

Current rates:

Bank Level Basic hour rate Saturday/Night Sunday/Bank Holiday
Level 2/3 £12.45 £15.56 £18.67
Level 4 £14.11 £17.64 £21.17
Level 5 £17.69 £22.11 £26.53
Level 6 £21.80 £27.25 £32.70
Level 7 £25.60 £32.00 £38.40

From Monday 6 January 2025:

Bank Level Basic hour rate Saturday/Night Sunday/Bank Holiday
Level 2/3 £12.08 £15.10 £18.12
Level 4 £14.89 £18.61 £22.33
Level 5 £16.53 £20.66 £24.80
Level 6 £20.15 £25.19 £30.23
Level 7 £24.82 £31.02 £37.23

From Tuesday 1 April 2025:

Bank Level Basic hour rate Saturday/Night Sunday/Bank Holiday
Level 2 £12.08 £15.10 £18.12
Level 3 £12.31 £15.39 £18.47
Level 4 £13.57 £16.96 £20.35
Level 5 £15.33 £19.16 £22.99
Level 6 £19.10 £23.87 £28.64
Level 7 £23.60 £29.50 £35.40