Over the last few months, your FSU representatives have been negotiating your new Enterprise Agreement (EA) at Bendigo and Adelaide Bank. We now have a pay offer from Bendigo Bank:
- December 2023 – 5%
- December 2024* – 3.5%
- December 2025* – 3.5%
Plus, an additional one off $500 payment plus superannuation upon approval of the Agreement. This is not pro-rated for part timers or adjusted based on income.
*From December 2024, pay rises for employees are conditional upon:
- All mandatory learning within the required time frame and meeting the compliance gateway at the end of year review for the preceding performance year; and
- Not subjected to Performance Improvement Plan (PIP) at the date of the pay increase. If an employee is subject to a PIP as at the date of the pay increase, the increase will apply from the date they successfully complete the PIP. This increase will not be backdated.
Bendigo’s pay position also comes in the context of other EA entitlements which will need to be considered as part of an overall package.
So we can discuss the bank’s conditional pay offer, FSU will be holding information sessions via MS Teams on Thursday 29 June at the following times. To register for a session, click on the time that best suits you below:
29 June, 12:30pm AEST (MS Teams)
29 June, 6:00pm AEST (MS Teams)
In the meantime, we welcome any feedback or comments you have on Bendigo’s pay position:
We’re Stronger Together – Ask your colleagues to join the FSU
Having a stronger collective voice will put us in the best possible position to win real improvements to pay and conditions at Bendigo – our campaign is only as strong as our members so ask your colleagues to stand together with thousands of others in the finance industry and join the FSU.
Your FSU Team