MUFG RSS has come back with a revised pay offer, but it’s still far below what we deserve and members have said a resounding ‘No’ to this. Despite clear feedback rejecting their initial offer, management’s response shows they’re not taking our concerns seriously.
This offer doesn’t reflect the rising cost of living, the value we bring, or the need for fair recognition of our hard work.
Here’s how the revised offer stacks up against what we’re fighting for:
| MUFG RSS’ initial offer | MUFG RSS’ revised offer | FSU member position | |
|---|---|---|---|
| 1 October 2025 | 3% | 4.5% | 6% |
| 1 January 2027* | 4.5% | 4.5% | 5.5% |
| 1 January 2028 | 2.8% | 2.8% | 5% |
| Total: | 10.3% over four years | 11.8% over four years | 16.5% over four years |
Note: Due to changes in their pay calendar, management want to combine the 2026/2027 pay offer, stretching this into a four year deal.
Things are moving quickly, and it’s vital that we stay informed about what management is offering and where we go next. To ensure our collective success, we need to reach all our colleagues at MUFG RSS.
Will you help by becoming a campaign contact?
As a campaign contact, you’ll:
We’ll provide you with a further briefing and all the details you’ll need to be successful as a campaign contact.
Not yet an FSU member? Join today and stand with your colleagues to win a better MUFG RSS Enterprise Agreement.
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