Westpac Group Enterprise Agreement Details of New Pay and Conditions Revealed | Consultation: 7 September to 18 September 2015 Secure Pay Job Security Choice & Control Background What happens now? After two months of negotiations supported by FSU member activities our agenda for Secure Pay, Job Security and Choice and Control in a new simplified enterprise agreement has delivered results. Consultation meetings will be held across Westpac, St George, BankSA, BT and Bank of Melbourne workplaces over the next few weeks. This is your opportunity to hear the details of the “in principle “agreement, ask questions and provide your feedback. During July and August we received your feedback on improvements needed following Westpac’s initial proposal. Over four thousand staff members signed a petition calling on Westpac to improve its offer to match the key elements of FSU’s claim in relation to Secure Pay, Job Security and Choice and Control. After tabling the petition, the FSU negotiators have now reached an “in principle” agreement, that secures improvements on the key issues of pay, hours of work, redundancy & redeployment, staffing, call monitoring, district allowances, and leave provisions. This kit outlines the key elements of the “in principle” agreement so that you can have your say before a final new Westpac Group Enterprise Agreement is voted on by eligible employees. If you would like to view all 67 proposals, visit http://bit.ly/1LebuUZ to view the comprehensive document (member only access). The proposed new enterprise agreement is a move towards a more consistent and simplified set of conditions. It’s important that you attend a meeting to familiarise yourself with the key elements. Legal drafting of the clauses that will make up the final agreement still needs to occur. This means that it will be some time before the formal approval ballot and Fair Work Commission process takes place. In the meantime, make sure your workplace has an FSU Workplace Representative. This person has the important job of coordinating consultation locally and providing feedback during the drafting phase. Talk to your workmates about which parts of the new proposed agreement are important to all of you, so that when the new agreement becomes operational you know your rights and can ensure you make the most of the new conditions. P: 1300 366 378 (Mon - Fri, 8am - 6pm EST) | Fx 1300 307 943 | W: www.fsunion.org.au | E: [email protected] Authorised by Fiona Jordan National Secretary/September 2015 Westpac Group Enterprise Agreement What m atters to ir Fa my w orking life e ctabl Predi arent nsp Secure Pay a Tr SECU rg.au ion.o .fsun www 366 378 1300 What we’ve achieved: : AY P E R NOT PE MA RFOR NCE PAY • Together we have broken the link between targets and annual salary increases. This is a major step towards necessary cultural change in our industry. It sends a clear message there’s no place here for the ruthless and sometimes brutal “whatever it takes” attitude that has caused our industry so much damage and has stressed out so many of our colleagues; • This proposal delivers pay increases above cost of living that will flow through to better living standards over the next three years. It comes at a time when wage growth in the broader economy is at a 20 year low; • We have new enhanced commitments for members paid in excess of $100,000 p.a; • A common grading structure that will assist career mobility and job security between the Westpac Group brands. Earlier this year we asked staff to identify the issues that needed to be resolved in a new simplified enterprise agreement. Secure pay was a key element, with 90% agreeing that pay outcomes should not be linked to performance objectives. The proposed new agreement includes a pay structure that breaks the link between targets and annual salary increases. The proposed new structure delivers pay increases to an additional 4,500 staff not previously covered by pay rises through enterprise agreements. The proposed new pay structure is: Tier 1: $0 - $75,000# 1 January 2016 *3.5% 1 January 2017 *3.25% Tier 2: $75,001 - $100,000## *2% minimum increase *2% minimum increase Tier 3: $100,001 - $150,000### 2% pool of funds to be distributed 2% pool of funds to be distributed based on remuneration review based on remuneration review 1 January 2018 *3.25% *2% minimum increase At least 2% pool of funds to be distributed based on remuneration review *The above fixed pay increases are subject to meeting minimum behaviour ratings of 2 or 3, compliance requirements which means being up to date on compulsory training for your role, and not being on formal performance management. # Note: This ceiling cap will be indexed 3.25% in 2017 and 2018. ## Note: This range will be indexed by 3.25% at the base and 2.% at the top in 2017 and 2018. ### Note: This range will be indexed by 2% in 2017 and 2018. Ensuring Fairness in Tier 3 Fixed Pay Increases. Important additional information for staff in Tier 3 In an improvement from the previous offer, eligible staff in Tier 3 will be able to challenge their fixed pay increases if they believe that the result of their annual fixed remuneration review is unfair. Under the new arrangements, Westpac have committed to reviewing fixed pay of eligible employees in tier 3. In reviewing the fixed pay, Westpac will consider and reasonably apply relevant factors, including: • • • • • The skills and experience of an employee; Fixed pay relative to internal and external benchmarks; How pay compares across groups eg male & female, part time & full-time; The period of time since an employees last fixed pay increase and; Meeting minimum behaviour and training criteria. Remuneration review time is fast approaching. It’s important to make sure you know your rights and how to raise any concerns regarding fixed pay increases. The first step is to be prepared, so talk to your local FSU Workplace Representative or Organiser. 2 Westpac Group Enterprise Agreement What m atters to ir Fa Secure Pay continued... my w orking life le ictab : t Transparen Pred Minimum Rates Increases New higher minimum rates in a new 5 band grading structure in 2016 plus an increase in the minimum base rates for 1 January 2017 and 1 January 2018 by the following amounts: SECU rg.au AY P E R NOT PER AN FORM Y CE PA ion.o .fsun www 366 378 1300 • 3.25% for grades 1 to 3 and; • 2% for grades 4 and 5. Grading and Classifications Establish a new common broad banded grading structure, consisting of 5 grades. A review of each of the Westpac and St George roles will be completed to assign them to the applicable new grade. The table below outlines the proposed new grade structure, including indicative grades and roles: Current Westpac Grade and Example Roles Grade: 02, 03 Example Roles: Teller, Personal Banker Assistant, Planner Assistants, CCC Banking Essentials Banker Proposed New Grade 1 Grade: A1, A2 Example Roles: Personal Bankers, CCC Consumer Connect Banker, CCC Lending Solutions Banker, CBS Team Member 2 Grade: A3 Example Roles: Home Finance Managers, Credit Managers, Relationship Bankers, CBS Team Member 3 Grade: M1, M2 Example Roles: Team Managers, Relationship Managers, Local Business Bankers, Bank Managers. 4 Grade: M3, M4 Example Roles: Bank Managers (large), Senior Relationship Managers, Senior Managers 5 Current St George/ BankSA and Bank of Melbourne Grades and Example Roles Majority Grades: 45, 46 Example Roles: Customer Service Officer, Senior Customer Service Officer, Hybrid Customer Service Officer, CCC Banking Essentials Banker Majority Grades: 47, 48 Example Roles: Customer Service Specialist, Senior Customer Service Specialist, CBS Home Finance Officer, CBS Lending Officer (Assessor, Loan Clerks and Lenders), CCC Consumer Connect Banker, CCC Lending Solutions Banker Majority Grades: 49 Example Roles: Branch Managers, Loan Requisition Officer Majority Grades: 50, 51 Example Roles: Branch Managers, Relationship Managers Note: Westpac have provided a commitment that staff will not receive a pay cut as a result of the new grading structure. Note: This table is for guidance only. Once the review has been completed further information will be communicated and provided. Allowances Establish a consistent rate for allowances for Westpac, St George, BankSA, and Bank of Melbourne staff. In most cases allowance rates have been increased to the higher applicable Westpac or St George rate. For example Westpac and St George staff eligible to receive a meal allowance will now get the same rate of $15.36, adjusted annually. District Allowance Current eligible Westpac employees will continue to be eligible to receive a district allowance. However, the method of payment will change. Westpac have proposed to replace staggered fortnightly payments for district allowances with a yearly payment, calculated as the current value of the allowance as at 1 January 2016. The payment will be made early in the calendar year and is effectively paid in advance for the whole year. Westpac have also agreed to include a commitment to consider a range of measures to attract and retain staff working in remote locations and apply these measures where appropriate. For more details and other key improvements on Secure Pay visit: http://bit.ly/1LebuUZ (Member only access). 3 Westpac Group Enterprise Agreement Job Security What we’ve achieved: www. fsunio n.org. au | 1300 Whaters to e: matt orking lif TY w y m CURI JOB Rostered Day Off (RDO): The move to 152 hours for all full time staff will bring a guaranteed right to one day off in each four week cycle for all full time unpackaged staff. Existing unpackaged full time St George, BankSA and Bank of Melbourne staff will have the opportunity to convert to full time hours (152 hours over a four week cycle) and access a RDO. 366 37 8 SE • We’ve maintained a strict test on comparable roles during redeployment while introducing a common grading system that enhances job prospects; • We’ve separated the redeployment period from the retrenchment notice period. This improves the chances of redeployment and saving jobs; • We’ve maintained or increased severance payments when retrenchments are unavoidable. Staffing Westpac have agreed to include a commitment to adequately staff all workplaces so that unpackaged staff can complete predicted work in ordinary hours. In addition to this, packaged staff will only be expected to work reasonable additional hours in line with the National Employment Standards. Severance Pay Existing Westpac and St George staff will maintain current severance payment calculations, while new staff working in St George or Westpac will be eligible for the Westpac severance payment schedule. Redeployment In order to provide improved choice and control during times of redeployment, the Westpac definition of “comparable role” has been maintained. This definition includes a reference to test comparable roles when moving between grades. St George and Westpac staff will also have the added protection during times of redeployment by ensuring that the redeployment period and retrenchment notice period must run one after the other and not concurrently. This means that the redeployment period and retrenchment notice period will be two separate and clear steps, and allow maximum opportunity for staff to be redeployed. For more details and other key improvements on Job Security visit: http://bit.ly/1LebuUZ (Member only access). Choice and Control What we’ve achieved: www .fsun ion.or g.au What ers to fe: matt orking li ROL my w CO N T CE CHOI | 1300 While these new commitments are genuine opportunities to ensure staff members can achieve work life balance and workplaces are adequately staffed, we need to implement them properly to make them work. So make sure you have an FSU Workplace Representative, talk to your workmates and work with an FSU Organiser to implement this provision in your workplace. Call monitoring A new, single, call monitoring provision. Under the new provision, calls will only be monitored for two reasons: • Coaching, training and development; • To ensure compliance with legal and regulatory obligations e.g. FOFA, Consumer Credit Code. The new provision will be based on the current St George clause, with the above amendments and include the ability for an individual to request on a quarterly basis information about the number of calls that have been monitored during the proceeding quarter. 366 37 8 & • All full time Westpac, St George, Bank SA and Bank of Melbourne unpackaged staff will have access to Rostered Days Off; • New tools to ensure staffing is adequate and workloads are manageable; • Strong protections for all contact centre staff around call monitoring; • Improved parental leave arrangements; • Guaranteed support for staff dealing with family and domestic violence. Hours of Work Implement a consistent 152 hour, four week cycle for full time employees. St George, BankSA and Bank of Melbourne full time staff will have the option of increasing their hours from 150 to 152 and attract an additional pay increase of 1.33% (this is on top of a fixed pay increase). If a staff member chooses to remain on 150 hours, they will be classed as part time but their hours cannot be reduced or increased without prior agreement. Domestic and Family Violence Support Leave A new provision in the EA which guarantees 10 days paid leave for employees dealing with Domestic and Family Violence. Keeping a secure job is often the key to economic independence and this leave will allow eligible employees to deal with court matters, health issues and even changing residence if necessary. Paid Parental Leave Paid Superannuation on up to two years of unpaid parental leave, at employees’ election. An increase for primary carers to take a combination of paid and unpaid leave, up from 12 months to two years. For more details and other key improvements on Choice and Control visit: http://bit.ly/1LebuUZ (Member only access). 4
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