Westpac Group Enterprise Agreement 2016

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Westpac Group Enterprise Agreement 2016

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Some would consider it discriminatory, i.e. they selectively benefit one group over others. The final agreement will be put to a vote by authorized staff in June, before they are submitted for fair work approval by Australia. Christine Parker, Executive Human Resources and Corporate Affairs at Westpac Group, said the new agreement was a major step forward in our staffing offering and would help cement Westpac`s position as Australia`s employer of choice. Peter Hanlon, executive People and Transformation of Westpac Group, said the new agreement was a win-win situation for employees and Westpac. The new agreement, which has yet to be submitted to the Fair Work Commission, is supported by Westpac executives and 90 per cent of staff who participated in the FSU vote. The current contract expires on December 31. Some 30,000 employees are expected to benefit from the new agreement. Yolnu Elder Djambawa Marawili of Arnhem Land adds: “Ceremonies and mournings last for days, weeks and even months, depending on the faith of the linguistic group and the social status of the deceased.” The prospect of real wage growth for thousands of financial services workers is fading following the collapse of a Commonwealth Bank low-wage supply during its current bargai cycle. Read more In 2016, the International Convention Centre included in their EA a provision that allows workers to ask their employer to use up to five days of paid annual leave (or to take five days of unpaid leave) either to change their gender identity or to change their gender. Parker said that while these negotiations are often complex, Westpac and the FSU have brought a constructive approach to the negotiating table and reached an agreement in a timely manner. National Australia Bank`s overall profit, which reported a profit of 2.5% to more than AUD 6.6 billion, was easily overshadowed by the banking group`s nearly 20 per cent cut. Read more Dent believes that when it`s time for the other big banks to renegotiate their enterprise agreements, there will likely be an expectation of employees, unions and bank customers that these benefits will be offered.

So it will be more of a standard than an exception, she says. The FSU and westpac will consult again with workers, with the final agreement to be coordinated by eligible workers later this year, before they are submitted for approval by the Fair Work Commission. WITH about 20,000 employees in Australia, ANZ has agreed on a one-year extension of the 2015-2016 enterprise agreement. “This agreement strikes the right balance between employees, business and shareholder interests,” Hanlon said. “The agreement contains a number of important new benefits for workers, including strengthening flexible working arrangements for compliance with work and family obligations. This increased flexibility not only benefits staff, but also helps the organization better meet its customer service goals. “In addition, the new agreement contains a number of improvements in benefits and protections for workers,” Hanlon said.



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