CBA should do better. 3% is only fair.
The FSU has been negotiating a new Enterprise Agreement with the Commonwealth Bank since May.
As part of those negotiations, the Bank are only prepared to offer pay increases for 2020 & 2021 of 1.5% (or 2% & 0% for some).
Through the unity and actions of FSU members, we've been able to shift the Bank significantly. But we're not there yet. We need your support.
CBA employees deserve a pay increase of 3%.
The FSU's position is that an increase of 3% for everyone working so hard to keep CBA strong is more than fair in light of CEO Matt Comyn's recent 14% increase and while WBC and NAB have paid 3.25% and 3% this year.
Sign up here to support the FSU's claim for 3%, and let CBA know that we want a FAIR agreement with a fair pay increase!
Currently CBA's position is 3% for everyone whose pay is set by the EA, and the following for those on contracts. The FSU's position is that all CBA employees should get 3%. Sign our petition to support our position.
CBA CONTRACT PAY OFFER 2020, 2021 | LAST WEEK | THIS WEEK |
<$75,000 | 3% | 3% |
$75,000 - $110,000 | 2.25% | 2% |
$110,000+ | 0% | 1.5% |
There are also a number of other matters that remain outstanding between the parties. Watch our latest youtube update below to understand those: