EA Update: Beware all the strings attached to Bankwest’s pay offer

At our last bargaining meeting with Bankwest they provided a revised pay offer of 0.2% in 2022 and 0.2% in 2023 however they have tied this paltry increase to even greater concessions.

Management are seeking changes to overtime calculations, removal of the Promotions clause and maintaining their position on allowing redeployment to roles within CBA during major change.

These changes would result in the removal of long held protections in your agreement.

The most insulting part – their pay offer isn’t even industry leading. Other major financial institutions are paying between 3.25% to 3.5%. This included CBA who secured 3.25% in the first year of their EA.

Management have said they wanted to “harmonise” conditions with CBA. Instead, they’ve been shown up as “harmonisation hypocrites”.

This is not acceptable from the largest and most profitable Bank in Australia, who in the last financial year earned a profit of $8.65 billon from your hard work.

Sign our letter to Jason Chan – Executive General Manager, Bankwest

If you agree that Bankwest can and should deliver an industry leading pay increase that reflects and respects your hard work – sign our letter to Jason Chan today.

We are strongest when we act together – ask your team to add their voice to our call for real and respectful pay. Share this update with them too.

If you’re not already an FSU member you can join here.

Your FSU Team.

Authorised by Julia Angrisano, National Secretary