Yesterday hundreds of NAB colleagues met to discuss and provide feedback on management’s latest proposal on our pay.
If you were unable to attend yesterday’s sessions, it is not too late to go through the proposal and provide your feedback.
Fill out this form to request a phone call from one of our team
Your FSU Bargaining team will be presenting feedback on behalf of colleagues at the next bargaining session on Thursday 27 April, so please share this update with your team.
What has NAB proposed?
All colleagues
- Introducing salary ranges instead of groupings in determining annual increases.
- Fixed annual increases of between 1.5% – 4% dependent on salary up to 2026 for colleagues under $178,820.
Group 1 and 2 colleagues
- Split annual increases into a fixed and variable (“pool”) combination.
Group 3 – 6 colleagues (Below $178.820)
- Colleagues who earn up to $140,000 TEC to be covered by Enterprise Agreement’s Pay clause.
- Colleagues earning over $140,000 TEC continue to have their pay set by policy.
- Split annual increases into a fixed and variable (“pool”) combination.
Group 3 – 6 colleagues (Above $178.820)
- Colleagues earning over $178,820 TEC continue to have their pay set by policy.
- Variable (“pool”) only arrangement.
Questions and feedback
This proposal is subject to ongoing negotiation but your feedback is essential.
To discuss how this proposal would affect you fill out this form and one of our team will be in touch.
Get your colleagues involved
NAB has heard and acknowledged our concerns on their previous proposals because thousands of NAB colleagues voiced their opinions. This is our chance to continue to make improvements on what has been proposed here.
Every single person who joins the union increases the chances of a better deal for everyone.
Forward this email to your colleagues and let them know what NAB is proposing.
Your FSU Bargaining Team
