AMB Proposes Changes to Redundancy Entitlements – Tell Us What You Think

As negotiations for a new enterprise agreement between the FSU and AMB head into the final stages, AMB have proposed to make changes to the redundancy severance payment entitlements.

The Proposal…

Employer initiated:

Voluntary Redundancy

AMB’s proposal will significantly improve the severance payment entitlements for the workers at Sydney Mutual Bank however it will also mean a significant reduction in the current entitlement for Endeavor Mutual Bank employees.

If you fall under Endeavor Mutual Bank, we would like to hear from you as soon as possible. To provide your feedback simply email

Authorised by Julia Angrisano, National Secretary