NAB gives staff additional week of depart and pay rises of as much as 5 per cent

“The pay supply from NAB represents an unacceptable actual pay lower for our members and fails to deal with the price of dwelling disaster presently being confronted by greater than 30,000 staff coated by the enterprise settlement,” mentioned FSU nationwide secretary Julia Angrisano.

“With prices of utilities and gas rising together with meals and on a regular basis grocery store objects, some members are being compelled to economise and take the tough determination to trim their prices by not turning on heating at residence.

“NAB must be delivering actual wage rises for its employees as an alternative of a pay lower.”

The union is looking for a 6 per cent wage rise throughout the board for all staff coated by the settlement.

“Our members are relying on their union and worker representatives to safe the
very best end result and to that finish, the FSU will proceed to have interaction in ‘good religion’
bargaining with the financial institution,” mentioned Angrisano.

“Nevertheless, it’s clear that to attain a constructive end result, NAB’s administration might want to acknowledge the big price of dwelling pressures dealing with our members and be prepared to help them with cheap pay rises.”

Westpac has additionally been negotiating with the union over a brand new enterprise settlement, with the financial institution providing a $1000 one-off cost for workers to assist with the price of dwelling, excluding normal managers, executives or the chief govt.


In an e mail to workers despatched in late August by Westpac’s group govt of human sources, Christine Parker, the financial institution supplied workers a 4 per cent improve for these incomes as much as $94,000, and 4.5 per cent for these incomes between $94,000 and $118,000. These improve to five.4 per cent and 4.5 per cent respectively with the $1000 bonus.

Westpac additionally proposes to extend “life-style and wellbeing” depart from one to 2 days, on high of annual depart.

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