Hundreds of NAB employees likely to be affected

Dear Colleagues,

You and hundreds of others may be entitled to backpay.

For a long time now, our union has been pressuring NAB to get its house in order regarding a number of payment issues. Late last year an underpayment issue was detected that NAB thought affected around 700 staff, when in fact, the final figure exposed was close to 1,500 staff.

In February, we pressed upon NAB to investigate the long-ongoing issue of 40-hour contracts for Group 3 and 4 staff. We sought legal advice that justifies our stance that these contracts should be 38-hours. As a result of our unrelenting collective pressure, NAB has now opened an investigation into its entire payroll system.

NAB has notified the Fair Work Ombudsman that they have underpaid some employees, and may have miscalculated entitlements including overtime, annual leave, leave loading, and superannuation. Part-time employees who change contracted hours or change from full-time to part-time may be affected by incorrect calculations. NAB have hired multinationals Price Waterhouse Coopers and King & Wood Mallesons law firm to conduct a comprehensive audit of the entire payroll system over the next six months.

Our union is making sure NAB is held to account. We have a commitment from NAB that ‘no stone will be left unturned’. Any underpayment query will be entertained. Any underpayments will be reimbursed as well as interest to both current and former staff.

If you believe you might have been underpaid, please register your information here. Union members will receive support and be kept informed at every stage of the investigation. If you’re not a member, join us now.

Please forward this email to all colleagues so they don’t miss out.

In Unity,
Your Elected Union National Executive Council Representatives for NAB
Rosemary Amadio (SA/NT), Myrna Ellery (NSW/ACT), Paul Ferrari (VIC/TAS),
Tania McDougall (QLD), and Mary Resnik (WA)

Authorised by Julia Angrisano, National Secretary