The bank will trial flexible working hours under its new contract with 20,000 staff
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ANZ workers in Australia voted overwhelmingly to extend their collective employment agreement with the bank for another year.
“This agreement means we can appropriately reward our employees and ensure they have the right working conditions to keep meeting our customer’s needs,” Group Executive Australia Fred Ohlsson said.
According to the provisions of the agreement, ANZ will:
· Pay 3% salary increases in 2017 for eligible employees;
· Apply a 3% increase to salary range minimums and maximums;
· Extend a flexi part time trial in the branch network for 150 employees
· Simplify the agreement by ending outdated ‘District Allowances’ that have applied to a limited range of remote locations. They will continue for employees who already work in these locations, but they will no longer apply to new employees
Ninety-four percent of the 5,800 workers who voted endorsed the proposal to extend the ANZ Enterprise Agreement 2015-2016.
It covers about 20,000 employees in the Australian workforce and will take effect following approval from the Fair Work Commission from 13 October.
Ohlsson added: “It’s great to see so many of our Australian employees had their say in this ballot and I’m really pleased the outcome was overwhelmingly in favour of the proposal."
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