This week, IAG has shared with FSU their FINAL EA offer.
The only change is that they have decided that they will continue to include STI references in the agreement. While the FSU welcomes this change we feel that it falls short with respect to:
- The term of the agreement – IAG proposed the EA includes the 2023 pay cycle. FSU thinks the agreement should expire early 2023 so we can negotiate the 2023 increase in 2023, not in the midst of a global pandemic.
- The quantum of remuneration increases – 1% salary pool in 2021, 1% salary pool in 2022 and 1.5% salary pool in 2023.
- The pay system – all of the remuneration increases proposed will be subject to performance outcomes and no one is guaranteed a salary increase.
What does this mean?
FSU is holding an open Zoom meeting for IAG employees to hear your views on the final offer and give FSU feedback on the next steps.
Come along to have your say – register here.
FSU meeting details
Thursday 17 September
7pm AEST, (6.30pm NT, SA; 5pm WA)
Not a member? Join here.
PS. Bringing a friend? Send them the registration link.