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Suncorp employees pass agreement

A majority of Suncorp employees have agreed to accept a new workplace agreement, with the Financial Services Union (FSU) saying the company still has “some way to go to achieve a positive integration to ‘one team’”.

The agreement will be lodged with Fair Work Australia and when approved will apply to all Suncorp employees.

FSU National Secretary Leon Carter says 72% of participating employees voted to accept the agreement. “However, almost 3300 people – roughly the size of AAMI – voted not to accept this proposal, with another 3000 not participating in the ballot.”

The new agreement has a range of changes, including guaranteed pay increases for lower-paid workers, fair and reasonable target-setting and assessment processes, and an independent umpire to settle disputes.

But the FSU says the agreement still falls short in a number of areas, including pay increases below the increases in the cost of living, an absence of a Saturday morning penalty payment and “no voluntarism” in relation to weekend work.

The union also accused Suncorp of making “last-minute unilateral changes” to the document to exclude maximum, fixed-term and casual employees from pay increases “and reneged on agreements in relation to flexible leave and the inclusion of FSU material for new employee inductions”.