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What should our BOQ pay rise be?

Bank of Queensland employees are due to receive a pay rise in September – but management hasn’t yet decided what that pay rise will be.

We’ve got a small window of opportunity right now to influence their decision.

Tell us what you think is a reasonable pay rise

Nothing is guaranteed unless we act together

Over the past few years, BOQ employees have endured significant job cuts, suffered branch closures, and put up with OMB transfers. All the while, pay rises haven’t come close to keeping up with inflation, meaning workers have received substantial pay cuts in real terms.

Last year, the bank’s executive team received an average increase to their generous fixed reward of 5.1%. The bank also posted a $285 million profit last year – so they can afford to pay their workers fairly and ensure our salaries remain competitive with other banks.

When it comes to our pay rise, we can’t take anything for granted. BOQ is bound to offer the bare minimum unless we apply enough pressure. That starts with us telling them what you think a fair pay rise looks like.

Spread the word

We all have a role to play to ensure we get the pay rise we deserve. Help us get there by taking the following steps now!

  • Forward this email to your colleagues so everyone knows what’s happening.
  • If you’re not yet a member of the Finance Sector Union,join your colleagues today.

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