Bargaining Update #5 - Finance Sector Union

Dear Colleagues,

It appears that NAB are again shying away from talking about the thing which everyone’s waiting to hear about – fair pay. Yesterday was the last bargaining meeting of this year and NAB employees are still no clearer on the Bank’s position.

NAB continues to argue that the pay model is working. That’s despite more than one in three Group 3 and 4 employees missing out on an annual increase, and over three quarters being paid in the bottom quartile of your salary range.

This isn’t good enough!

We’re committed to finding the solutions you say matter most; this means pay that keeps up with the cost of living, compensates you fairly for work intensification and all the extra hours you do, and addresses the gender pay gap.

We will also be seeking back pay for any delays to Group 1 and 2 salary increases to make sure no one is worse off.

If you would like to help ensure we win a fair agreement as soon as possible, we encourage you to help get our message out with your colleagues.