We’ve got some important updates on various issues happening at NAB. Please read the below information carefully, and if you have any questions or concerns, please email [email protected].
Following our union’s recent meeting with NAB CEO Andrew Irvine, during which we presented our WFH letter signed by thousands of NAB employees, NAB has confirmed it will not go ahead with increasing its in-office mandate this year. Instead, the issue will be revisited next year.
This is a significant development, and is thanks to your feedback provided to Mr Irvine via our letter. It demonstrated that NAB employees overwhelmingly reject any decrease in WFH.
Now we have a chance to improve our current WFH arrangements – and lock it in.
Next year, we will commence negotiations for our new and improved wages and working conditions via our next Enterprise Agreement (EA). Importantly, this is our golden opportunity to lock in our WFH arrangements and genuine rights around flexible work.
It will take all of us getting involved to convince NAB to include WFH in our EA, but we can do it if we all work together. Stay tuned.
We also know NAB has started talking about the changing nature of work at the bank, including a strategy to engage offshore labour and digitise work through AI. We’ve seen other banks begin to do the same thing.
Promisingly, however, NAB has committed to consult with staff ahead of making any final decisions on this strategy.
As we know, it is beneficial to both employees and employers if workers have a genuine say on matters that affect us. The FSU and NAB will reconvene later this month to progress these discussions.
Our union is always calling for workers to have a strong voice at all stages of proposed changes (not just at the implementation phase), so we welcome NAB’s commitment to properly consult on these important issues. We will be ensuring they do.
If you are interested in getting involved in these discussions, reply to this email and let us know.
Lastly, our union is continuing to pursue NAB regarding the $130 million in underpayments the bank revealed last week.
It is simply unacceptable that one of Australia’s biggest banks has once again failed to pay its workers correctly. The scale of this underpayment is nothing short of systemic wage theft.
This money must be returned to workers’ pockets, and our union will do everything possible to ensure NAB is held to account.
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