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The Finance Sector Union is questioning the wisdom of Westpac’s decision to outsource and offshore technology jobs, calling it a short-term cost-cutting measure that won’t add up in the long run.
“We’ve been here before,...
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News that the CBA has shifted performance measures for executives while denying hundreds of employees the same consideration has angered the Finance Sector Union.
“The double standard here is plain for all to see, and is monstrously...
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Suncorp employees in Queensland, New South Wales and Victoria face a bleak Christmas, learning yesterday that their jobs will head offshore in December, said the Finance Sector Union today.
“This is just the beginning of large scale...
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Workers who helped deliver Westpac’s biggest ever profit should not be the next victims of the cost cutting machine, the Finance Sector Union said today.
Acting FSU National Secretary Chris Gambian said Westpac’s full year net...
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Shareholders should vote down Directors’ pay rises unless the company commits to keeping insurance jobs in Australia at today’s Suncorp Annual General Meeting, says the Finance Sector Union.
“Suncorp made a healthy profit...
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The FSU is marking Safe Work Australia Week by urging finance workers to dob in bullying by calling a new hotline.
“Workplace bullying is a blight on our industry, and has no place in modern finance workplaces. It is a relic of the past...
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Reports that the Suncorp Group are now denying the company plans to send Australian insurance jobs offshore would carry more weight if the company confirmed employees’ jobs are not at risk said the Finance Sector Union today.
The union...
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At the same time as the Queensland Floods Commission of Inquiry is quizzing insurance bosses about claims processing and complaints handling, Suncorp is preparing to shift Australian insurance jobs offshore in search of higher profits.
Big...
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Thousands of Suncorp employees face a nervous wait as the Queensland based company undertakes a study to determine whether insurance jobs are to be sent offshore.
Indian based outsourcing companies World Network Services and Genpact are in...
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CBA has today announced its second consecutive record profit, $6.4 billion which represents a 13% increase on last year's figure of $5.6 billion, at a time of continued uncertainty around the globe. CBA remains one of the world's strongest and...
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