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Zurich’s pay offer leaves us worse off – say NO

Zurich has stopped listening.

They plan to put their substandard proposed Enterprise Agreement (EA) to an all-staff ballot on 7 December 2023, despite the fact that the pay offer is way below industry standards and we haven’t yet come to an agreement.

This shows a clear lack of care for our concerns about the cost of living, and raises serious questions about Zurich’s commitment to collaborative decision-making.

It’s time we say NO

Pledge to vote NO when the ballot for the Agreement opens on 7 December.

PLEDGE TO VOTE NO

Zurich’s proposed 9.5% pay increase (4% in year one, 3% in year two and 2.5% in year three) will leave all of us worse off over the next three years and see us fall behind our industry colleagues. It also unfairly applies to only a minority of us covered by the EA (those earning under $90,000). And for the rest of us, our pay remains discretionary and not guaranteed.

Zurich’s actions show a lack of appreciation for the hard work and dedication of staff.

Pledge to vote NO when the ballot for this inferior Agreement opens on 7 December, so we can bring Zurich back to the bargaining table for a fairer pay offer.

Forward this update onto your colleagues and ask them to pledge to vote no too. And if you’re not yet an FSU member – it is crucial that you join now so Zurich hears our concerns loud and clear.

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Authorised by Julia Angrisano, Finance Sector Union of Australia, Level 13, 380 La Trobe Street, Melbourne, VIC 3000.
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