Bargaining to help make PSIS a Better Bank

Bargaining for the PSIS will proceed over the next few months, and the round of claims meetings with PSIS members has now been completed. Discussions with over 150 people have identified key issues for bargaining, including pay parity with the wider sector, increasing staffing levels and a fifth week of annual leave after five years service.

CEO Girol Karacaoglu has written to staff this week outlining how the PSIS shows leadership in the financial sector, both in terms of service to customers and not having personal sales targets for staff. These practices are welcomed by PSIS staff, but Finsec National Organiser Bella Pardoe says that there are other longstanding issues that need improvement.

“A lack of good pay and conditions should not be a price paid for some good practices in other areas,” said Bella Pardoe. “Better Banks is about quality employment, a quality of life for bank staff, and quality service for customers and communities.”


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