Within the last three weeks, over 1200 Insignia colleagues signed our open letter to CEO Scott Hartley calling on management to revise their initial offer in negotiations.
As a result of your substantial feedback, management have now revised their position on:
• Guaranteed annual pay increases including:
| Total fixed remuneration (TFR) threshold | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| <115k TFR | Discretionary only | 4% | 3% | 2.5% |
| >115k TFR | Discretionary only | Discretionary only | Discretionary only | Discretionary only |
• Superannuation including:
| 1 July 2024 | 1 July 2025 | 1 July 2026 | 1 July 2027 | |
|---|---|---|---|---|
| All employees | 11.5% | 12% | 12.5% | 13% |
*These are legislated increases to the super guarantee charge (SGC)
There has also been further discussion on discretionary pay and carer’s leave. Further, management has provided additional clarity on their position of minimum office attendance mandates.
Your FSU team and management will be reconvening this Thursday 23 May to discuss job security including consultation and redundancy.
Importantly, these revised positions are not finalised and are subject to further negotiations and improvements, but we want to hear from you.
Following discussions on job security, we will be holding consultation sessions open to all Insignia colleagues on:
These sessions are your opportunity to discuss managements’ proposal and provide direct input into the direction of the negotiations.
Register for the session that suits you best and forward this email to your colleagues.
Can’t make a session? Please reply to this email with your questions or comments so one of our team can get in touch.
Not a member? Join today, so we can continue to work together for a fair Enterprise Agreement
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