FSU to work with CFS, CommInsure workers
The Finance Sector Union (FSU) has announced plans to work with staff from Commonwealth Bank-owned divisions CommSec, Colonial First State (CFS) and CommInsure in 2014 ahead of a new enterprise agreement.
Over the past year, the union has mainly worked with staff from the bank's retail banking channel on increasing minimum wage for ‘tellers and sellers', cultural change in some regional branches and adjustment of sales targets.
However, Louise Arnfield, CBA National Enterprise Council president said the new enterprise agreement would be covering more employees including those from CommSec, CFS and CommInsure.
In her statement published in the Finance Sector Union's annual report, Arnfield referred to a survey of CBA workers which showed many felt undervalued and that their workloads were too high and "jobs too insecure".
"Using the results, and in consultation with members, we developed an Agenda for Change at CBA that will help us achieve secure jobs with secure pay, achievable workloads with roster and leave arrangements that meet workers' needs, along with a better workplace culture," Arnfield said.
"I am really looking forward to connecting more with colleagues in CommSec, CommInsure and Colonial in 2014 as we head towards a new enterprise agreement covering more employees."
AUTHOR
Milana Pokrajac
Recommended for you
Insights from Ensombl has ranked practice management as the most frequently discussed topic among financial advisers as many move away from a licensee to set up their own businesses.
Vital Business Partner has launched a new coaching solution to assist financial advisers and business owners looking to grow their practices and drive efficiencies.
ASIC chair Joe Longo has told a Senate select committee that it has been running two pilot AI programs, including one to read public submissions.
The decision to scale up a small advice practice can be a difficult judgement call. Money Management speaks with two advisers on whether the potential gains outweigh the initial costs for their business.
