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Are you under pressure to meet sales targets? Have your say

The Australian finance sector successfully weathered the impact of the GFC, with most insurers, banks, credit unions and finance companies remaining strong, and our four biggest banks posting record profit each year since the financial tsunami of 2008. Shareholders have continued to reap the benefit of their investment, finance executives have continued to receive excessive remuneration, and finance sector workers have continued to be pressured to sell products to customers.

The pressure on finance workers to meet sales targets is unrelenting, unhealthy and unsustainable.

Where workers have joined together to campaign against unfair targets, at Commonwealth Bank, Westpac and St George Bank (link to relevant articles on website), adjustments have been made so that the pressure is slightly relieved. But where there is no campaign and no one speaking out or speaking up against these practices, workers are still under enormous pressure to deliver more sales. And if they don’t deliver, these workers are often “performance managed” out of their jobs.

Are you under pressure to meet sales targets? Are you being “performance managed” out of your job?

It’s not always easy to speak up, but as the old saying goes, nothing changes if good people say nothing. Have your say today. (Post your comment below)

If you need support, advice or assistance, contact the FSU Member Rights Centre on 1300 366 378.

Contact Details
FSU Member Rights Centre
Ph: 1300 366 378
fsuinfo@fsunion.org.au

Authorised By: Leon Carter, National Secretary

Your comments

A couple of weeks ago we were told that if we did not perform and get our targets that when she came down again in 3 months we would be sacked.
We were told there are plenty of other people that they could get in to the job as ANZ were laying off staff. She also said they had looked intoit (us been sacked) andthat they would be able to sack us.She also said that all the Branches that were't performing were been told the same thing


Posted by 2835307 at 2/02/2012 9:26:58 AM
Sorry I forgot to say I was from the BOQ member no. 2835307
This was regarding the sacking for not reaching targets


Posted by 2835307 at 2/02/2012 9:40:57 AM
I just had an email about international telegraphic transfers. Believe it or not we have a leaderboard!! Who can convince a customer to send money overseas and why would they if they have no need for it??
It's just target madness!


Posted by 1085877 at 8/03/2012 10:34:53 AM

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