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3% pay increase this week at ME Bank

Finance Sector Union members at ME Bank will receive a 3% pay increase this week, backdated to early July.

This is the first of three 3% pay increases in the new ME Workplace Agreement 2017.

Other highlights of the enterprise agreement negotiated on behalf of FSU members earlier this year are as follows:

  • Flexing: Now defined with clear guidelines including recognition of flexed role in KPIs.
  • Position descriptions: All staff to have updated position descriptions by 31 December 2017.
  • Review of grades: All job roles to be reviewed with any required regrading completed by 31 December 2017.
  • Secondments: Limited to 12 months unless mutually agreed to extend and then only up to a further six months.
  • Volunteer leave: One day per annum for approved community or charitable purposes.
  • Preventative health leave: Personal leave now able to be used for appointments for screening or prevention of a medical condition.

The application for approval of the new agreement was lodged with the Fair Work Commission on 23 August. We are currently waiting for further FWC advice as to when it will be approved.

Working together through the union, we made this possible. Not a union member yet? You can join here.

Further information may be obtained by calling the the FSU Member Rights Centre on 1300 366 378.

Authorised By: Julia Angrisano, National Secretary
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