Westpac Enterprise Agreement 2019 - Finance Sector Union

1 1 Fair Work Act 2009 Enterprise agreementWestpac Banking Corporation(AG2018/6298) Westpac group Enterprise Agreement 2019 Banking Finance and insurance industryDEPUTY PRESIDENT MASSONMELBOURNE, 23 JANUARY 2019 Application for approval of the Westpac group Enterprise Agreement 2019.[1]An application has been made for approval of an Enterprise Agreement known as the Westpac group Enterprise Agreement 2019(the Agreement ). The application was made pursuant to of the Fair Work Act 2009(the Act). It has been made by Westpac Banking Corporation. The Agreement is a single Enterprise Agreement .[2]The Employer has provided written undertakings. A copy of the undertakings is attached in Annexure A. I am satisfied thatthe undertakings will not cause financial detriment to any employee covered by the Agreement and that the undertakings will not result in substantial changes to the Agreement .

2 [3]Subject to the undertakings referred to above, I am satisfied that each of therequirements of , 187, 188 and 190 as are relevant to this application for approval have been met.[4]The Finance Sector Union of Australiabeing a bargaining representative for the Agreement , has given notice under of the Act that it wants the Agreement to cover it. In accordance with (2) I note that the Agreement covers the organisation.[2019] FWCA 378 DECISION[2019] FWCA 3782[5]The Agreement is approved and, in accordance with of the Act, will operate from 30 January 2019. The nominal expiry date of the Agreement is 31 December PRESIDENTP rinted by authority of the Commonwealth Government Printer<AE501414 PR704056>[2019] FWCA 3783 Annexure AWestpac group Enterprise Agreement 2019 Helping shape an even greater place to workCOMPETITIVE PAYFUTURE OPPORTUNITIES INCLUSIVE WORKPLACE HELPING CUSTOMERSW-2291F-0918bm WG Enterprise Agreement Collateral_EA 18/10/2018 3:23 PM Our Agreement is divided into four sections: 1.

3 Our Agreement Applies to all employees covered by the Agreement 2. Terms for employees of Westpac Applies to all employees of Westpac 3. Terms for employees of Asgard, BTFG, WFCL and WGIS Applies to all employees of Asgard, BTFG, WFCL and WGIS 4. The Technical Stuff Applies to all employees covered by the Agreement where is everything? Section 1: Our Agreement 1 Welcome 1. What s this all about? 2 2. What do we stand for? 2 3. Who is covered by this Agreement ? 3 4. When does the Agreement operate? 3 Section 2: Terms for employees of Westpac 4 Money matters 5. How will my Fixed Pay be increased? 5 6. What is the minimum rate I will be paid? 8 7. What allowances and reimbursements will I receive? 12 8. What are my superannuation benefits? 21 9. Am I entitled to an Annual Payment? 23 10. What is our supported wage system?

4 25 How and when you work 11. What types of employment are there? 26 12. When can I work ordinary hours? 34 13. When can I take a break? 41 14. How will we set and change your hours of work? 42 15. How will I be paid if I am required to work overtime? 45 16. What public holidays can I take? 51 Making it work for you 17. How can I work away from the office? 55 18. How can I take flexible lifestyle leave? 58 19. What flexible work arrangements are available? 59 20. How can I change the Agreement to suit my needs? 60 Time out 21. When can I take a lifestyle and wellbeing day? 62 22. What annual leave do I get? 63 23. What personal/carer s leave do I get? 65 24. What parental leave do I get? 68 25. What grandparental leave do I get? 74 26. What long service leave do I get? 75 27. What compassionate leave do I get? 78 28. What jury duty leave do I get?

5 80 29. What community service leave do I get? 81 30. What support is available for domestic and family violence? 82 31. What paid leave is available for ADF reservists? 84 32. What support is available for transgender transition? 86 Westpac group Enterprise Agreement 2019 33. What is the technical stuff for the leave clauses? 88 The day to day 34. What is our approach to staffing? 89 35. How will my performance objectives be set? 91 36. What is our approach to digital communication? 93 37. What is our commitment to your life-long learning? 95 38. What support is available for the future of work? 96 39. What happens if I m receiving workers compensation payments? 99 40. What is our relationship with the Union ? 101 Other arrangements 41. What does it mean if I m a specialist? 103 42. How can I have a salary packaging arrangement?

6 104 43. What does it mean if I m a shift worker? 105 We need to talk 44. How will issues be raised with me in a procedurally fair way? 109 45. What is the process for dealing with disputes? 110 Changes 46. When will I be consulted about changes? 113 47. What happens if my role is redundant? 115 coming back 48. How can I transition to retirement? 124 49. What does it mean to be a Westpac citizen? 126 50. How much notice of termination is needed? 128 Section 3: Terms for employees of Asgard, BTFG, WFCL and WGIS 129 Part 1 51. Terms from Section 2 of our Agreement that apply if you are employed by Asgard, BTFG, WFCL or WGIS 131 Part 2 52. Additional terms from the Banking Award for employees of Asgard, BTFG, WFCL and WGIS (except non award employees) 135 53. The technical stuff for Section 3 137 Section 4: The technical stuff 138 54.

7 The technical stuff 139 55. Better off overall 140 56. The Dictionary 141 signing page 146 Section 1: Our Agreement Westpac group Enterprise Agreement 2019 2 Welcome 1. What s this all about? Our Agreement is about providing you with market leading benefits and arrangements which offer you flexibility, choice and future opportunities. We know you want genuine choice about how, when and where you work. So our Agreement continues to be all about us working together to match your personal goals and the needs of our customers and communities. We are looking forward to working with you to embed the flexibility you need to balance your personal life and a great career. Over the coming years our business will continue to transform to meet the challenges of our industry. We anticipate that many of us will require different skills to meet our future capability requirements.

8 We are introducing a new Future of Work role which allows you to undertake the re-skilling and training which may be needed for the future of work. This will be supported by our Learning Bank which is designed to empower you to be future ready. Finally, we want to ensure we do the right thing by our customers and our communities. That s our commitment and we know you are vital to making that happen. 2. What do we stand for? Our vision is to be one of the world s great service companies, helping our customers, communities and people prosper and grow. This means that we will continue to: do the right thing by our customers and communities; value and respect inclusion and the diversity of our workforce; aim to prevent and eliminate all forms of unlawful discrimination (such as discrimination on the basis of age, disability, family responsibilities, gender, race and sexual preference); support and focus on gender equity.

9 This means in particular -providing equal pay for equal work, committing to a merit based organisational structure and working hard to increase the number of women in senior leadership roles; take our obligations under work health and safety legislation very seriously. Ensuring the health , safety and wellbeing of our people and providing a safe, secure and injury free workplace is our priority; offer flexible work practices to help you meet your personal and family needs, as well as Westpac group s business requirements. This may involve you working remotely, job sharing, purchasing additional leave or working flexibly; and responding and adapting as our business transforms to meet the challenges of the future of our industry. Westpac group Enterprise Agreement 2019 3 Welcome 3. Who is covered by this Agreement ?

10 You will be covered by this Agreement if you are employed by: Westpac ; Asgard; BTFG; WFCL; or WGIS. But the Agreement will not cover you if you are an Excluded Employee. Westpac , Asgard, BTFG, WFCL, WGIS and the Union are also covered by the Agreement . 4. When does the Agreement operate? The Agreement starts on 1 January 2019 (unless the Fair Work Commission determines another start date) and has a nominal expiry date of 31 December 2021. Westpac group Enterprise Agreement 2019 Section 2: Terms for employees of Westpac Westpac group Enterprise Agreement 2019 MONEY MATTERS 5 5. How will my Fixed Pay be increased? AT A GLANCE We are committed to an approach to Fixed Pay increases that is simple to understand, ensures a focus on doing the right thing for our customers and keeps your remuneration competitive.