RBA asked for three weeks to consider our proposed changes to an improved Enterprise Agreement (EA) after staff rejected the Bank’s inferior proposal at the ballot.
We’ve now received their response and counter offer, and it’s incredibly insulting and disappointing.
RBA have proposed a measly increase of 0.5% to our pay.
This counter offer does not even match what’s been offered to our colleagues in the Australian Public Service, which they’ve already said is unacceptable to them. Further, the RBA’s counter offer now rejects previously agreed to back pay arrangements. This would cost all of us.
Urgent FSU meetings
Join one of our urgent FSU meetings on Thursday 12 October, 3pm AEDT (Sydney/Melbourne time) OR Friday 13 October, 12pm AEDT (Sydney/Melbourne time) to hear the latest details and what we need to do to win what we deserve.
The meeting is now passed
We’ve made it very clear where pay, flexible working and progressive leave options need to be in our Enterprise Agreement.
In addition to pay, RBA’s counter offer on working from home arrangements and progressive leave entitlements show they are not genuinely listening to what staff have been saying. They had the opportunity to do the right thing by staff upon our return to the bargaining table, and they haven’t.
Make sure you’re aware of the details and informed of next steps by registering for one of our urgent FSU Zoom meetings this Thursday or Friday.
The next phase of this bargaining process will be critical and we’ll need to keep standing strong to achieve a better outcome. If you aren’t already a member, join today.
Your FSU Team
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