This week the CEO continued to push the Bank’s message that it’s an “all or nothing” offer. Don’t buy into his false ultimatum. Westpac cannot ignore a No vote outcome at the ballot and we will immediately demand that they return to negotiations for a real wage increase and no loss of conditions.
Remember only the majority of staff who cast a vote will determine the outcome. If you don’t like what management are offering then it’s not enough to withhold your vote. Only by actually voting in the confidential ballot will your No vote count.
Remember what management’s proposal will mean…
What are WBC management really proposing?
|Below inflation pay offer that will keep Westpac wages behind cost of living for years to come. While the rate of rising inflation might ease at some point, the actual cost of the things we need to buy are unlikely to go down. We will never recover that gap.
Management’s proposal of a 4% base salary increase for a minority of staff covered by the EA is an enormous drop below the predicted inflation rate of 7.8%. Their proposal offers even less or nothing for remaining staff.
|No guaranteed pay increase above Tier 2. No pool like last time. No certainty.||X|
|A one-off cash payment rather than putting that money into base salaries. This means no ongoing contributions to superannuation and denies staff future pay increases calculated on a higher base. A big saving for the Bank.||X|
|Staffing clause that further normalises the requirement to work additional hours in order to meet allocated workloads.||X|
|Decreased consultation time from 14 to 10 days when undergoing major change/restructures. Less time to ask questions. Less time to have a say.||X|
|The remote district allowance and remote location leave entitlements won’t apply to new employees and will be ‘bought out’ for existing employees.||X|
|Changes that will give Westpac more power and discretion to redeploy you into a new position, or whether to retrench you, if your position becomes redundant.||X|
Your vote is important – and confidential
What do I need to know about voting No?
If you haven’t received any information from CorpVote by 26 October 2022, please email email@example.com or ring 1300 710 950
Let’s win this together and bring WBC management back to negotiations. Want to keep up with EA news as it happens? Join the FSU WBC WhatsApp chat.