Two massive wins for Australia finance workers

“The secret for success is the active participation of the membership. With your help, with your participation, with your leadership, nothing can stop us.”
– Leon Carter, Our Jobs Our Future activists’ day, May 2013
Finance workers have achieved two massive wins recently.
Together, staff at St George, Bank SA and Bank of Melbourne secured a huge win in the ballot about the future of pay in their banks.
They had heard the stories about what it was really like to work under a performance pay model from colleagues at Westpac, and decided that this was not the type of culture they wanted to work in.
St George, BankSA and Bank of Melbourne unpackaged employees have a long history of receiving guaranteed pay increases each year, enabling them to feel secure and keep up with the cost of living. Westpac proposed to move these employees to a system where pay increases would be dependent on meeting performance measures.
In order to win the pay ballot and maintain guaranteed pay increases, a majority of eligible employees had to vote for set guaranteed pay increases.
Eligible employees had the chance to vote on two options; receiving a pay increase in January 2014 that was linked to performance objectives, or a set guaranteed pay increase.
FSU Reps and members from across the country in the three banks worked together to ensure everyone understood what was at stake, and knew that every vote counted if they were to win.
85% of eligible employees participated in the ballot, with 84% (or 2374 employees) voting overwhelmingly to secure their future by maintaining set guaranteed pay increases for unpackaged St George, BankSA and Bank of Melbourne employees. Members ran a terrific campaign, achieving a great result.
At the same time workers win FSU campaign to keep 590 ANZ Direct jobs in Australia | |||
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FSU in New Zealand said this victory will create positive leverage for negociations in the region. |