ANZ National staff voting on bank’s offer

The outcome of negotiations between Finsec members and ANZ National will be voted on at ratification meetings starting on Monday.

The offer includes:
•    A 2.25% pay increase (though not for red circled or ‘C’ rated staff)
•    A one year term
•    Improved consultation around job security, and an 8 week trial period in a non-comparable role with the option for redundancy retained
•    New wording saying targets will be fair and reasonable, and take into account economic conditions and actual banking activity.

Graham Lee from ANZ Huapai was a member of the Finsec bargaining team, and says that the feedback he’s received this week from members has been reasonably positive about the offer.

“Members I’ve been talking with have been surprised that we achieved the pay offer we did, under the current economic conditions. They are also somewhat relieved that our conditions were not eroded even further, given the bank’s recent actions.”

Ratification meetings are taking place over the next fortnight, so all members will have the opportunity to have their say. Meetings are being run by members of the Finsec bargaining team and Finsec organisers.

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