Last week we met with BOQ Group management to continue negotiating your new BOQ Group Enterprise Agreement. But instead of negotiating, management came to us with their ‘final offer’ on pay.
It’s still a real pay cut
BOQ have made two small changes to their offer – proposing a 4% increase for employees earning between $90k and $120k in Year 1, and to backdate this year’s pay increases to 1 September – even though we’ve been bargaining for months!
Even worse, BOQ Group are trying to buy your support by offering employees a $1000 one-off cash payment to those earning under $90k.
Under $90k | $90 – $120k | Over $120k | |
Year 1 | 4% (+ $1000 cash bonus) | 4% (was 3%) |
No guaranteed pay rise. |
Year 2 | 3.5% | 2.75% | |
Year 3 | 3% | 2.5% |
Bizarrely, BOQ representatives couldn’t even provide a clear justification as to how this addresses the increasing cost of living pressures as the offer still remains below inflation.
Find out exactly how much your salary will go backwards under BOQ’s offer – click here
STOP THE CUTS Zoom meeting – Wednesday 12 October
Come to a FSU STOP THE CUTS Zoom meeting this Wednesday 12 October to find out BOQ Group’s plan to push through their real wage cuts and how we can stop them.
Register: STOP THE CUTS FSU Zoom – Wed 12 October 12pm AEDT
Register: STOP THE CUTS FSU Zoom – Wed 12 October 7pm AEDT
Let’s push BOQ Group to do better.
Not an FSU member yet? Join with your colleagues today.
Your FSU Team