The Commonwealth Bank Group Enterprise Agreement 2014 is an important document that outlines the working conditions of employees of the Commonwealth Bank of Australia and the associated entities that make up the Commonwealth Bank Group. Signed in 2014, it is the current agreement in place and covers a range of employment matters, including pay, hours of work, leave entitlements, and dispute resolution procedures.
One of the key features of the agreement is that it provides for a guaranteed annual pay increase. This means that employees can expect to receive a pay rise each year, in line with the agreement`s provisions. Additionally, there are provisions for a range of other entitlements, including parental leave, carer`s leave, and study leave.
The Commonwealth Bank Group Enterprise Agreement 2014 also includes provisions for flexible working arrangements. This is important in an age where work-life balance is increasingly important, and employees are looking for greater flexibility in their working arrangements. The agreement includes provisions for part-time work, job sharing, and other flexible arrangements, which can make a big difference to employees` lives.
Another important aspect of the agreement is the dispute resolution procedures. In the event of a dispute between an employee and the bank, there are a range of mechanisms in place to facilitate resolution. These include informal discussions, mediation, and ultimately, access to the Fair Work Commission.
Overall, the Commonwealth Bank Group Enterprise Agreement 2014 is an important document that sets out the terms and conditions of employment for thousands of Commonwealth Bank Group employees. With its focus on pay, leave entitlements, flexible working arrangements, and dispute resolution mechanisms, it provides a solid foundation for a productive and happy workforce.