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We won! BankVic members vote for better pay and conditions

It’s a win! BankVic staff have voted up our new Enterprise Agreement (EA), with an overwhelming 93% voting ‘yes’. 

It’s a win! BankVic staff have voted up our new Enterprise Agreement (EA), with an overwhelming 93% voting ‘yes’. 

Congratulations to every FSU member for achieving this fantastic result – it was only possible because we stood together and convinced management to shift their position on key issues, including our RDOs and pay increases.   

Put simply, FSU members made all the difference in this round of negotiations. 

Together we’ve won:

  • 11.5% pay increase over three years for tier 1 colleagues
  • 9.5% pay increase over three years for tier 2 colleagues
  • Guaranteed pay increases for 75% of staff (a first at BankVic)
  • Improved leave entitlements, including parental leave, leave to assist with transitioning back to work, domestic violence leave, flexi leave, and lifestyle leave
  • And more…

What happens now? 

The EA will now be submitted to the Fair Work Commission for final approval. Once approved, your new wages and conditions will apply.

This victory shows what we can achieve when we work together and ensure our voices are heard!

To continue securing positive outcomes in the future, we must keep our union strong and active across BankVic – if you’re not yet an FSU member, now is the time to join!

If you’re already a member, encourage a colleague to join the team that’s winning for you today. 

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