Members meeting to discuss disappointing PSIS claims

Finsec members at PSIS will be meeting in the week starting 31 March to discuss the PSIS claims for upcoming collective agreement negotiations. Members have been surprised by the nature of the PSIS claims, which include a new pay system featuring a “high performance” component, a move to remove casual staff from the collective, and attempts to limit access to sick leave for new staff.

PSIS Union Councillor Paula Howells said she was disappointed by the PSIS’s initial claims. “They seem to be a step backward. PSIS have led the industry in quality customer service. These claims throw that record into jeopardy with the introduction of performance pay.” 

Howells said the PSIS claims, and especially the proposed performance pay system, are moving in the opposite direction from Finsec’s Better Banks and PSIS’s own record of standing up against individual sales targets. 

“We’re interested to hear members’ views on the claims over the next few weeks,” said Howells. “We also want to talk to all non-members about the importance of joining Finsec given the threat of these PSIS claims.”


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