Finance Sector Union

Westpac workers have managed to break the link between targets and annual salary in the recent Enterprise Agreement (EA) negotiations between Westpac and the Finance Sector Union (FSU). After two months of negotiations, including a petition signed by workers across the Westpac Group, FSU negotiators reached an “in principle” agreement effective from 2016. The link between targets and annual salary increases has been broken, with staff only required to meet minimum behaviour standards and complete compulsory compliance training — which 98% of staff achieved in the last two years.

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