How To Improve Your Salary At The Finance Sector Union Of Ustralia

Transcription

1 Secure FSU Summary Proposed lassification and Pay Model: Improved Proposal During 2013/14 enterprise bargaining negotiations FSU members raised concerns with the broken pay model at. In the 2014 greement, we included a new 7 level classification structure that started on 1 Jan and gave ourselves some additional time to work through the finer details of the classification structure. Things like job categories, salary ranges and a review process and higher duties all needed to be resolved. In Principle greement Now Reached Your FSU Representatives have been negotiating for an improved classification and pay model with for some time and we ve now reached an in principle agreement on a proposal that includes some key improvements: new job categories and salary ranges across Levels 1 to 4, a robust annual review process as well as a clarification of the payment of Higher Duties llowance. Proposal Endorsed by National Enterprise ouncil The Union s National Enterprise ouncil has now endorsed the improved proposal and is recommending the proposal to FSU members in the member ballot, which will commence on 27 July Employee riefings FSU Reps will be providing briefings at team meetings across business units and encouraging members to vote on the proposal by 7 ugust No Rep in your workplace? nabmembers@fsunion.org.au What s included in the Improved Proposal? ll jobs within Levels 1-4 will be assigned to a job group and category within their respective level. See table attached overleaf Job category and salary information to be published on the intranet, including level, category and TE range and in SP, so you can see where your pay sits on the TE range You have a right to dispute the categorisation or grouping of your job Higher duties to be paid for work in a higher role at the same level or a higher level nnual reviews will include performance and salary information and will reflect market movements with no buffers or thresholds limiting adjustment The FSU will be consulted in the annual review process We ve also negotiated a post implementation review that will look at all aspects of the system. This review will be completed before the Enterprise greement is negotiated. Other enefits If the proposal is endorsed by FSU members, a number of other provisions in the greement come to life, including: entralised remuneration recommendations from Workplace Performance to people Leaders Level 3 and 4 employees, you can get a copy of your remuneration through Workplace Performance Improved annual salary review process with agreed criteria taken into consideration nnual salary review process expanded now includes Level 4 employees New salary appeals process for Level 3 and 4 employees nnual reporting of Level 3 and 4 remuneration outcomes ontinued on next page >

2 Secure Level 1 ustomer Management Operations Support $49,050 - $59,950 $52,020 - $63,580 ustomer dviser (1) dviser ustomer Support Service dviser ontact entre dvisor, ollections Team Member, Registry Services Team Member, Operations Team Member, Domestic Payments & Reconciliations Team Member, Derivatives Securities & Regional Ops Team Member, dministration $53,910 - $65,890 ustomer dviser (2) Team Member, Wealth Officer, lient Service Team Member, sset Servicing Sales dviser, anking dviser (1) D $55,260 - $67,540 Team Member, ustomer dministration Team Member, Wholesale Reconciliations / Market Settlements dvisor, nti-fraud Services dvisor, usiness Support dvisor, Small usiness Lending Team Member, ustomer Settlements Officer, FX, ash Flow, Int. Payments & Trade Team Member, ustomer Fulfilment Team Member, Document Preparation Officer, redit ssessment Team Member, ustomer Document Support Team Member, ustomer Post Settlement Team Member, ustomer Servicing Finance Sector Union of ustralia Phone: (Monday to Friday, 8am - 6pm EDT) FSU Website: nabmembers@fsunion.org.au uthorised by Fiona Jordan, FSU National Secretary / July 2015

3 Secure Level 2 ustomer Management $69,620 - $85,091 nalyst, anking dviser (2), S entral Sales anker Para-planner, nalyst (J Were), ssistant Store Manager, Team Leader all entre/sales/service onsultant, laims Product Management Operations Support ssociate, ollections nalyst, Valuations Team Leader, Team Leader, ollections ssociate, Mortgage Recoveries nalyst, redit nalyst (Fraud), ssociate/nalyst, sset Servicing nalyst, File Quality ssociate, redit ssessment nalyst, usiness redit Team/dmin ssistant, Sales & Operations dvisor, nalyst/ssociate (HR) ssociate, Legal Services nalyst, Testing $72,900 - $89,100 gribusiness nalyst, Private lient ssociate, ssociate Lending, Store Manager, Wealth dvisor Team Leader, Wealth ssociate, ssociate/nalyst, sset Servicing Regional, Executive Retail nalyst Product, nalyst Marketing nalyst Team Leader, Mortgages ssociate/nalyst, sset Servicing nalyst (Risk/Management ssurance), usiness nalyst, nalyst, Projects nalyst, Inv trl nalyst (Finance) $87,750 - $107,250 nalyst, Programmer nalyst, Technical usiness Finance Sector Union of ustralia Phone: (Monday to Friday, 8am - 6pm EDT) FSU Website: nabmembers@fsunion.org.au uthorised by Fiona Jordan, FSU National Secretary / July 2015

4 Secure Level 3 ustomer Management Product Management Operations Support $89,720 - $134,580 gribusiness Manager 2 usiness Protection Specialist gribusiness Manager 3 Relationship Manager usiness anker Small usiness anker usiness anking Manager 2 S entral Direct anker Private lient Manager usiness Development Manager Specialised anking Manager usiness anking Manager 3 Store Manager Senior ssociate Senior ssociate/lead, sset Servicing Senior nalyst onsultant, Product Management onsultant, Marketing Lead/onsultant, ollections Senior ssociate/lead, sset Servicing Lead, Operations and Processing Senior nalyst, Enterprise Systems Lead, usiness Fulfilment Senior nalyst, Fraud onsultant, redit/redit ssessment onsultant L&D onsultant, Senior nalyst, Testing Senior nalyst Senior nalyst, Perf Management onsultant, redit Risk Senior nalyst, Security onsultant, usiness Improvement Senior usiness nalyst Senior nalyst, Projects/Project Delivery onsultant, HR/Recruitment Senior nalyst, Financial ontrol Senior nalyst, Programmer Senior nalyst, udit $100,000 - $150,000 Lead/Senior nalyst, Delivery Senior nalyst, Technical usiness Senior nalyst, Solution Design Lead, Projects Senior nalyst/tech Support/ applications Legal, onsultant Lead, apability (Technology) Finance Sector Union of ustralia Phone: (Monday to Friday, 8am - 6pm EDT) FSU Website: nabmembers@fsunion.org.au uthorised by Fiona Jordan, FSU National Secretary / July 2015

5 Secure Level 4 ustomer Management Product Management Operations Support $84,800 - $127,200 $113,760 - $170,640 Senior Financial Planner Manager, usiness Development Senior usiness anking Manager gribusiness Manager 1 Senior gribusiness Manager Private lient Manager Senior Wealth dvisor usiness anking Executive ssociate Director Manager, redit & Risk $113,680 - $170,520 Manager, Product D $118,400 - $177,600 Manager Operations & Processing Project Manager Program Manager E $120,480 - $180,720 Manager apability, Manager Finance partner, Manager Performance Mgt, Manager Strategy/Performance lignment, ssociate Director redit Manager redit, Manager, redit & Risk, Manager Tax, Manager SS (Risk), Snr onsultant orp comms/orp resp, Manager/Snr onsultant Op risk and ompliance, Snr onsultant HR, Generalist OE, Manager People, Manager/Snr onsultant, nalytics Manager Risk ompliance, Manager, udit, Senior onsultant, Legal rchitect, Solution rchitect Finance Sector Union of ustralia Phone: (Monday to Friday, 8am - 6pm EDT) FSU Website: nabmembers@fsunion.org.au uthorised by Fiona Jordan, FSU National Secretary / July 2015