From August 2019, your union, the FSU, has been negotiating an Enterprise Agreement (EA) on behalf of staff at IAG, NRMA, CGU, SGIO, SGIC, Swann Insurance, RACV and WFI. The FSU recognises that we have certainly made some excellent progress, however, we believe there's still a way to go until the agreement reaches a standard that members can and should expect from their employer.

The final sticking points in negotiations are:

1. Performance-Based Pay. The FSU has worked hard to contribute to the integrity and sustainability of our industry. In a post-Royal Commission world, we do not believe that there is a place for performance-based pay models.

2. Pay Increase. Through this negotiation, IAG has flip-flopped on pay. Earlier this year, we had an in principle agreement for 2%, but they are backtracking to 1% citing the impacts of a global pandemic on their bottom line. While we understand the business has been impacted and are willing to compromise, we know that staff have worked hard through difficult circumstances and they deserve a guaranteed pay increase of 1.5%.

3. Length of Agreement. IAG wants to lock in their minimal pay offer until 2023. A lot can change in 3 years and we don't think that it's reasonable to expect staff to wait this long before they can re-negotiate their entitlements. Your Union would like a 2-year agreement that ends in 2022.

Sign up here to support the FSU's claim for 1.5% guaranteed increases for all staff, and let IAG know that we want a FAIR agreement with a fair pay increase!