Sales targets issue growing in Oz

darling.jpg

Finsec’s sister union, the Finance Sector Union of Australia, is highlighting the issue of “debt stress” in a Better Banks style campaign across the ditch. 

FSU National Secretary Leon Carter notes the interest in FSU’s comments on sales targets across Australian media and says that the prime reason for entering the debate is to ensure the wider community develops some understanding of the pressure finance sector workers are under.

 Late last year, the FSU conducted research with members of the public. Most had some awareness that finance sector workers have KPIs or sales targets to meet, and that was the reason they were continually offered products, usually debt creating products such as loans or credit cards.

However, they were quite shocked to learn of the practice of linking pay outcomes to the sale of these products, and that in effect staff needed to push the sale to avoid a pay freeze, or in the worst cases, adverse pay outcomes or loss of employment.

Advertisements

0 Responses to “Sales targets issue growing in Oz”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




You can contact us at:

0800 FINSEC (0800 346 732)
union@finsec.org.nz
www.finsec.org.nz


Creative Commons License
Join Now 0800 FINSEC

RSS LabourStart – act now to help other workers

  • An error has occurred; the feed is probably down. Try again later.

Finsec Photos

Cathie Lendrum

Carl and Oliver

Westpac North East Valley, Dunedin

Westpac North East Valley, Dunedin

piggybank on leash

More Photos

Archives


%d bloggers like this: