NAB ignores fulltime Group 3 and 4 underpayments – Urgent meeting called

Today NAB ignored the opportunity to do the right thing by all Group 3 and 4 colleagues. Instead the bank opted to only address some of the underpayments concerns the FSU has been raising of behalf of our members.

NAB’s position will be deeply frustrating to fulltime Group 3 and 4 employees who have consistently and systematically worked upwards of 40 hours a week for years.

The FSU put NAB on notice that these issues are alive and is fully committed to ensuring that fulltime Group 3 and 4 underpayment issues are addressed, we are now seeking further advice on how we progress this issue further with NAB.

We are calling an urgent zoom meeting on Monday 29th March at 2pm (AEDT) with fulltime Group 3 and 4 employees to discuss NAB’s position and where to from here.

Register your attendance here:

If you aren’t able to attend this session or have a question email and one of our team will be in touch.

Group 3/4 Part-timers Win $40Mil

While NAB have ignored the concerns of Full Time staff, they have acknowledged the concerns of Group 3/4 part time members.

The Bank announced the remediation of 40 million in unpaid wages to approx. 3000 current and former colleagues dating back to 2012 and a permanent uplift in salary to impacted current colleagues of approx. 5.26% in late April 2021.

The underpayments are a result of NAB incorrectly using a 40 hour week to prorata the salary of part time colleagues.

Currently employed colleagues who are impacted will receive a letter on Friday 26th March and payment will be made on Wednesday 31st March.

NAB will begin the process of getting in touch with former colleagues from Monday 29th March. If you are a former colleague who has already registered with the FSU we are ensuring that you are prioritised to receive your owed wages.

If you are or know a former colleague who hasn’t already registered ask them to register here: so their payments are expedited.

Authorised by Julia Angrisano, National Secretary