The FSU will attend the Suncorp Annual General Meeting this Thursday 27 October 2011 and will ask shareholders to support the FSU campaign to Keep Suncorp Jobs in Australia. The union will urge shareholders to take a stand against any Suncorp Board moves to offshore local jobs as the profitability of the company hinges on its reputation and customer satisfaction.

Suncorp made a healthy profit this year and the Suncorp Board of Directors has acknowledged this by seeking healthy pay rises for themselves as a result.

Suncorp staff worked hard this year to help local customers through natural disasters including floods and cyclones. These loyal back office employees enabled Suncorp to make a $453 million profit in the face of rising claims.

Suncorp received much praise and customer and community goodwill because of the way local staff supported the community through the natural disasters and Suncorp is now looking to reward these staff by replacing them with offshore workers.

Suncorp has engaged Indian specialist offshoring firms Genpact and World Network Services to assess whether Suncorp claims and finance roles can be moved offshore. The Australian Financial Review reported that over 2000 Australian Suncorp jobs may be lost.

More than 1000 people have supported the FSU online campaign to keep Suncorp Jobs in Australia, and Qld Premier Anna Bligh, Qld Treasurer Andrew Fraser and Senator Claire Moore have called on Suncorp to halt offshoring plans.

Read Qld Treasurer Andrew Fraser’s letter to Suncorp here.

Read Senator Claire Moore’s letter to Suncorp here.

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