Acenda has announced former MLC Life employees will receive a 2.5% administrative pay increase from the first full pay period after 1 January 2026.
Not only is this pay rise well below inflation, it would only apply to employees who are in Groups 1 and 2 roles, as set out in the expired MLC Life Enterprise Agreement. All other former MLC Life employees would continue under existing salary arrangements.
What’s more, the offer also does not extend to former Resolution Life employees, who usually receive their pay rise in March each year. While no pay rise has been announced for these employees, this 2.5% increase sets the standard for everyone.
We believe Acenda can do better than 2.5%, but we are keen to hear your thoughts. Please take a few minutes to provide your feedback.
This unsatisfactory pay rise highlights why we need a new Enterprise Agreement that covers all Acenda employees. We’re still waiting for Acenda to announce their preferred timelines for this process. When negotiations kick off, we all need to get involved to ensure we secure an Agreement that’s fair and improves our overall pay and working conditions.
The first step is telling us what you think of this pay offer. Then forward this update to your colleagues and ask them to do the same.
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