FSU to work with CFS, CommInsure workers

colonial first state

23 January 2014
| By Milana Pokrajac |
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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."

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