The Guardian • Issue #1954

Commonwealth Bank wants staff to vote for more wage theft

Finance Sector Union media release

  • The Guardian
  • Issue #1954

The unrepentant wage thieves at the Commonwealth Bank (CBA) are set to push ahead with a vote on an enterprise agreement that will further erode the basic entitlements of staff who have already been the victims of massive systemic wage theft.

Finance Sector Union (FSU) National Secretary Julia Angrisano said CBA was caught red handed in 2019 ripping off staff to the tune of $57mil in unpaid wages and the proposed agreement shows that nothing has changed.

“The FSU won’t stand by and allow CBA to pressure its workers to accept a defective enterprise agreement that seeks to legitimise and perpetuate the practices which caused the massive wage theft uncovered in 2019,” Ms Angrisano said.

“CBA’s proposed agreement would effectively refit the rules to allow the bank to continue the unlawful behaviour of the past without consequence.”

“Now the Commonwealth Bank is attempting to divide its workforce by pushing forward with a vote on a proposed agreement that doesn’t pass the pub test. CBA may think that they ‘can’ do this but they forgot to ask if they should.”

Ms Angrisano said staff at CBA understood the bank was trying to pull the wool over their eyes.

“CBA has a history of pressuring workers to sell banking products to consumers who don’t need them and can’t afford them.

“Now the Bank is looking to cram a bad deal down the throats of its own workers.”

“We can’t accept an agreement that allows the CBA to continue to exploit its workers.”

“The FSU’s role is to protect our members’ interests and voting no to this agreement is in the interest of all CBA employees.”

“We will not support this offensive con-job of an enterprise agreement.”

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