MUFG Market Services’ proposed Enterprise Agreement has been voted up by a majority of employees, with 86% voting yes.
We know this isn’t the result many of you hoped for. This outcome was by no means a strong endorsement of MUFG’s proposal and in many ways reflects a broader cultural issue across the organisation where we aren’t valued and our feedback is dismissed.
However, we have much to be proud of in this agreement. Voting no to management’s first offer resulted in improved parental leave entitlements, as well as improved wording in the workplace change clause. We are proud of the hard work FSU members have put in to achieving this result.
MUFG will now prepare an application for the proposed Agreement to be approved by the Fair Work Commission. Our union will prepare a submission to ensure all regulatory requirements are met.
We will continue to work hard to ensure MUFG employees are recognised for the critical role we play.
If you have any questions about the new EA, you can contact me at [email protected] or on 0434 321 782.
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