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Insignia: FSU members reject management’s position – commit to vote NO

Yesterday, hundreds of colleagues met to discuss the most recent round of Enterprise Agreement (EA) negotiations where Insignia tabled their ‘best and final’ position on redundancy, pay and working from home.   

Importantly, members rejected management’s position and committed to voting No should management take their current proposal to ballot. 

We call on Insignia to improve their offer when we reconvene on Wednesday 28 August and avoid a No vote outcome. 

Show your support for an improved position. 

Commit to vote NO

Our concerns over managements latest proposal includes: 

Redundancy 

  • 12 months’ grandfathering redundancy disregards our years of service, resulting in hundreds of colleagues being worse off by tens of thousands of dollars if they are made redundant. 
  • A cap of 52 weeks remains well behind many of our industry peers and the support required to transition between jobs in today’s economy. 

Pay 

  • All colleagues earning over 130K total fixed remuneration (TFR) are being left out of guaranteed pay increases. 
  • No improvements on the thresholds or proposed increases. 

RDOs 

  • Removal of RDOs reduces a long-standing wellbeing and flexibility benefit from the EA. 
  • Substituting individual flexibility arrangements (IFAs) for RDOs reduces certainty as IFAs are at the approval of, and can be revoked by, Insignia. 

Annual leave loading 

  • Removal of annual leave loading reduces the financial benefits of the EA. 

Working from home 

  • Working from home exceptions and minimum office attendance requirements contained within policy (only referenced in the EA). 
  • 40% minimum office attendance is subject to change at management’s discretion with notice (six months) but without consultation of employees. 
  • All other policy details, including exemptions process, are subject to change without notice or consultations. 
  • Existing exemption categories (ie, medical and caring exemptions) to be administered in line with the current approach. 
  • New exemption categories (ie, pets and transport) are conditional on meeting eligibility requirements such as minimum periods (ie, two weeks). 
  • Executive sign-off required for exemptions not specified in the policy. 

These positions fail to adequately recognise the concerns FSU members have raised over the need for certainty, financial security and flexibility and until they do, we cannot support them.   

If management takes these proposals to a ballot, together we can vote No and achieve a better deal.   

Show your support for a better deal and commit to voting No here

 

Next steps

If hundreds of colleagues commit to voting no, then management must act on our concerns. 

The union and management are reconvening on Wednesday 28 August and Thursday 29 August so ask your colleagues to commit to VOTE NO as well. 

Together, we can send a clear message to management that we deserve security and recognition, and we won’t accept anything less. 

 

Questions and feedback

Email us at [email protected] or contact the FSU Member Rights Centre on 1300 366 378.

 

Not yet a member? 

You can join the team that’s working for you today and ask your colleagues to join with you.

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Authorised by Julia Angrisano, Finance Sector Union of Australia, Level 13, 380 La Trobe Street, Melbourne, VIC 3000.
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