NAB signs global agreement to recognise value of union members

ClydesdaleJust before Christmas UNI signed a global agreement with the National Australia Group. NAG subsidiaries include National Australia Bank, Bank of New Zealand, Yorkshire Bank in England and Clydesdale Bank in Scotland. Finsec, the FSU and Amicus are the unions for workers in those banks and all three belong to UNI Finance, the global union for finance workers.

NAG’s agreement with UNI covers more than 40,000 employees across the globe.  It recognises union members as “key stakeholders in the company” and offers union members “a meaningful voice with senior management to ensure unions have the opportunity to influence the decision-making process and outcomes”.

The agreement builds in observance of workers rights under International Labour Organisation core conventions – including freedom of association and collective bargaining.

“This is a clear message from an Australian based multinational in the increasingly global financial sector that labour rights will be respected wherever they operate and the voice of employees – through their unions – taken seriously,” said UNI General Secretary, Philip Jennings. “This is an agreement that supports collective bargaining at a time when the Australian government is seeking to undermine it through their misguided new laws.”

(thanks to glenfinlas for the photo)

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