G&C Mutual Bank Limited have revised their annual pay offer under the proposed new enterprise agreement, from basing it only on the consumer price index (CPI) to a set quantum of 1.5% or CPI, whichever is greater.
The FSU’s claim stands at a 2.5% annual pay rise.
We would like to hear from you before our next bargaining meeting on Thursday 20 May on – how do you rate the bank’s latest offer?
A quick enterprise agreement comparison on annual pay increases shows the following:
| Enterprise | 2019 | 2020 | 2021 |
| Unity Bank | 2.4% | ||
| Police Bank | 2.75% | 2.75% | 2.75% |
| Hume Bank | 2.5% | 2.5% | 2.75% |
| Teachers Mutual Bank | 3% | 3% | |
| Service One Mutual | 3.5% | 3.5% | 3.5% |
You can provide your feedback here.
Here’s the outcome of our bargaining so far:
- Improvement to Domestic and Family Violence Leave provision
- Superannuation to be applied on government paid parental leave scheme (up to a maximum of 18 weeks)
- 7 weeks paid parental leave for both primary and secondary caregivers
- 10% increase to uniform allowance
In Unity,
FSU