Last week a very chilly delegation of Malaysian Bank unionists came to visit Finsec. They weren’t ski bunnies. They were in fact here to learn about performance pay. It seems that New Zealand banks have been leading the way introducing performance pay and target based pay into their pay systems. And now some of the Malaysian banks were considering following us down that particularly treacherous road. So, the National Union of Bank Employees in Malaysia, who had clearly already been told the bank management’s arguments for performance pay, arrived to here workers perspectives on performance pay. Well, we were able to talk to them about how performance pay has helped to keep workers’ pay low, cause undue stress, irritate customers and isolate staff.
Our friends from NUBE have kindly left us a collection of gifts that we would like to give away to members. As you can see in the photo we have two polo shirts, one cap two “we fight injustice” headbands (All the rage in Asian union circles) and two key rings to give away in a draw to any members who send us your email address and sign up to receive weekly ‘…the gossip’ emails. Our esteemed General Secretary, Andrew Casidy, will draw the winners from the NUBE caps on 1 August.
...the gossip 
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