Pay increases and backpay coming: major win for FSU members

Thanks to the hundreds of workplace reps who recently attended consultation teleconferences regarding the new Enterprise Agreement.

As you are fully aware, NAB decided not to proceed to ballot for the new Agreement, but instead honour everything that had been agreed at the negotiating table between NAB and FSU. Next week Group 1 and 2 employees will receive a 3% salary increase as well as backpay to the first full pay period in January 2020. This outcome has come through the strong campaign work of FSU members over many months.

While reps were disappointed that NAB has made the decision not to proceed to ballot, the outcome from broader member consultation was that given the current COVID-19 circumstances this was not the appropriate time to campaign heavily to try to force NAB to carry out a ballot.

However, at every meeting it was resoundingly agreed that if at any time over the coming year NAB fail to deliver on any of their commitments, then our reps and members remain ready to campaign immediately.

A list of the commitments from NAB are:

  • 3% pay increase for Group 1 and 2 employees effective first full pay period in January 2020 and 2021.
  • 3% increase in floor rates for Groups 1, 2 and 3 in 2020 and 2021.
  • Pay for all Group 1, 2 and 3 employees will move to at least the minimum relevant TEC low (not only on appointment or promotion) starting from 2021.
  • Immediate removal of the 12 month qualifying period for parental leave for primary and secondary carers.
  • Any employee who is entitled to a retrenchment will be paid at the increased rate of pay and not the rates of pay in the current 2016 Agreement.
  • All Group 3 employees will receive in writing the results of the annual performance review and subsequent remuneration review including reasons for the decision.
  • Annual leave requirement to avail of five consecutive days in most business units instead of ten.

Your FSU National Enterprise Council delegates have passed a resolution to not proceed to campaign on this issue, but remain vigilant for any failure of NAB to comply with their promises.

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Authorised by Julia Angrisano, National Secretary