Now, we’re seeking genuine improvements to our job security, pay, and working conditions through our next Enterprise Agreement.
As Australia’s largest bank, CBA sets the standard for working conditions across the banking and finance sector. With record profits, there’s no excuse why CEO Matt Comyn can’t lead the way and provide employees with the security, pay and conditions we deserve.
Annual wage increases of 5% per year (or CPI if greater) for all employees, regardless of employment arrangement or
salary tier/band.
A simplified pay structure for both packaged and unpackaged employees that is indexed over the life of the
Agreement.
Transparent and market-leading pay bands that are included in the Agreement.
Performance objectives/KPIs to be set by agreement only after consultation with employees.
A fair and transparent bonus system.
The right for employees to request a review of their pay, performance objectives and bonus outcomes.
Increases to allowances aligned with pay increases.
Removal of the restriction for those earning above $119,400 and $170,000 so that all employees receive the same
entitlements regardless of their salary, including allowances, span of hours, weekend loadings, breaks between days,
overtime and time off in lieu, and shift loadings.
A commitment to eliminate the 27.6% gender pay gap.
No further offshoring of roles performed by employees covered by the CBA Enterprise Agreement.
All new jobs to be advertised in Australia, with preference given to onshore candidates.
Commitment to upskill and train Australian-based workers to perform in-demand jobs.
Expand and extend the moratorium on regional branch closures for the life of the Agreement and to include
metropolitan branches.
No forced redundancies as a result of the introduction of artificial intelligence (AI) or other similar technologies.
Provide employees with early access to information about strategy and the impact of potential changes so they can
plan for the future.
Consult with employees at an earlier stage so they are part of the conversation, providing them with a voice prior to
any definite decision being made.
Detailed information about the change, including the justification and rationale.
Consultation about a definite decision to include all employees of the team or area so broader impacts such as
increased workloads can be addressed.
A genuine feedback mechanism that considers, addresses and responds to employee feedback.
Proactive measures to avoid forced redundancies of permanent employees by prioritising attrition and ceasing
contractor and casual engagement.
Seeking expressions of interest for voluntary redundancies and interest in alternative roles within the organisation
where redundancies are required.
Extending redeployment periods to six months for remaining redundant employees to be trained/reskilled into
alternative roles.
Workers in redeployment get priority for redeployment into vacant positions.
A comparable role for redeployment purposes can only be to one that is above or at the same grade as their current
grade (not the grade lower).
Mandatory psychosocial hazards risk assessment to be undertaken for every change, including consultation with
workers.

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If AMP isn’t going to come to the table to negotiate our conditions with us, then we’ll need to force them. And we will do that by securing a majority support determination (MSD). That sounds complicated, but all it means is that a majority of people working at AMP (or in a particular business area of AMP) vote to say they want to bargain – then AMP is legally obligated to negotiate. Of course, there are some legal hoops we need to jump through, but right now the most important thing you can do is click here to join us. Now is the time to get as many of our colleagues involved and engaged in our campaign as possible. |