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Union cries foul on Bankwest backpay

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2 minute read

Bankwest staff have complained to the Finance Sector Union (FSU) that the Commonwealth Bank subsidiary has failed to inform them of how their backpay was calculated, as backpay across the group has been expected to top $15 million.

The union said that there have been “serious” problems with CBA’s pay system across its businesses.

FSU WA local executive secretary Dianne Marshall said it was unfair for bank workers to receive no detail about their backpay and Bankwest needed to rectify the problem quickly or risk further anger among its staff.

“It’s bad enough to make serious errors in workers’ pay, but the impact is being made worse by Bankwest trying to tell its staff to trust that the bank has now calculated the backpay correctly,” Ms Marshall said.

“All Bankwest staff need is to be given a full accounting of how their backpay was calculated.

“Bankwest and the CBA have made such a mess of their payroll system that bank workers can’t be expected to trust that the latest calculations are right, and they need to be able to make their own checks.”

Ms Marshall said the FSU had called for a meeting with CBA over the matter.

Sarah Simpkins

Sarah Simpkins

Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth. 

Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio. 

You can contact her on [email protected].