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BOQ’s response to our job security concerns

We know job security is a crucial issue for BOQ employees as we head into negotiations for our new Enterprise Agreement (EA).

Here’s some of what you told us in our recent EA survey:

  • Only 22% feel secure in their employment at BOQ.
  • 70% believe they will be impacted by organisational change in the next 12 months.
  • 70% of employees have increased job security concerns either due to CapGemini offshoring, or due to changes in the retail branch network.

That’s why we asked the BOQ board directly about the bank’s commitment to our job security at the recent Annual General Meeting.

BOQ Chairman Andrew Fraser’s response was mixed:

“Change and transformation is difficult and it’s challenging […] We are living in a time of change. That change is not about to abate […] It is likely that the pace of change will continue to increase as we think about the future.”

Mr Fraser went on to say:

“When change is employed for our people, we look to reskill, redeploy to support them […] We maintain a commitment to do that, and for everyone who works at BOQ, our commitment here is to provide a sustainable future for the bank.”

While we welcome this verbal commitment to reskill and redeploy to support employees affected by changes at BOQ, words are empty unless BOQ is prepared to back them up with tangible protections in our new EA.

Remember, offshoring jobs is not about adapting and keeping up with change. It’s about boosting profits.

Watch Mr Fraser’s full response to our questions at the AGM here.

Union meetings next week

If we are to secure a good EA, we all need to get involved. That starts with registering for one of our union meetings (rescheduled to Tuesday next week), where we’ll discuss our upcoming EA negotiations and what we all need to do to ensure our next EA address our job security concerns, among other things.

Tuesday 16 December, 12pm (Qld) / 1pm (Vic)

Tuesday 16 December, 5pm (Qld) / 6pm (Vic)

Please also forward this update to your colleagues and ask them to attend a meeting. See you online tomorrow!

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