End Contract Chaos: Better & Simpler for CBA Employees

Employment arrangements at CBA are unnecessarily complex and highly individualised.

The bulk of the workforce are employed through individual arrangements that modify certain provisions of the Enterprise Agreement - a collectively negotiated set of workplace terms and conditions that apply to everyone* employed at CBA - in exchange for higher pay.

These "contracts" (they're not technically contracts, but that's what many at CBA call them), purport to increase pay in exchange for modifying an individual's access to conditions of the EA (overtime, penalty rates on public holidays, RDOs, certain allowances etc), but in many cases that initial bump hasn't kept ahead of the legal minimum pay for that role. This means that many people who signed them are now worse off than if they hadn't.

In some cases, these "contracts" exist simply to employ staff through an entity of the Group with less favorable workplace conditions than the one that they actually work for.

The proliferation of individual arrangements being used to employ people was the main cause of the massive underpayment issue that CBA recently uncovered and began remediation work on!  If you were affected by that, you should sign on to the union's Employee Entitlement Review register to be a part of any future action that may be taken.

CBA recently announced that they would stop issuing Individual Arrangements. Since then, rather than just employing people directly on the Enterprise Agreement with fair pay, CBA have begun issuing "Annualised Salary Contracts" that build in weekly unpaid overtime of up to ten hours. These new contracts, while slightly different in their approach have not resolved all the issues that the previous approach created.

What can be done about this?

The Finance Sector Union will be negotiating the conditions of a new enterprise agreement in 2020 with CBA. This is a unique opportunity to make change in this area.

We intend to campaign for:

A clear, fair agreement that applies to all CBA colleagues without exception.

An end to the practices that created this mess, and a fair transition that leaves nobody worse off .

Fill in the form to join our campaign to end the contract chaos. You'll be kept up to date on negotiations as they progress and invited to participate in and contribute to the union's campaign as it progresses.

*The EA does not cover those employed on old AWA or ITEA contracts.

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