Telstra to bring forward 0.5% wage increase component
Earlier this year we wrote to you following Telstra’s decision to pay an interim pay rise to employees. This interim wage rise totalled 1.5% to Workstream employees, and provided a guaranteed pay pool of 1.5% to Job Family, from October 1.
An additional 0.5% was to follow as an overall flat increase to all Band 2 to 4 employees once an Agreement came in to force.
Given negotiations are still continuing Telstra has proposed to bring forward the additional 0.5%. All employees, whether Workstream or Job Family, will receive the increase to their fixed remuneration from January 20 2022, rather than waiting for an Agreement to be voted on and approved.
As we said in October, the Union does not oppose these interim arrangements outside the EA which ensures members receive an increase in wages as the cost of living does not wait for complex EAs to be negotiated.
We still don’t oppose this interim arrangement.
However, it is important to note that pay increases payable under any new Agreement at Telstra, or its subsidiaries, have not yet been discussed or agreed to. Pay remains subject to ongoing negotiations.
This Agreement is one of the most important that members will ever vote on, given the significant structural changes occurring at Telstra and members will be kept up to date as bargaining progresses.
In the meantime, should you require any further information, please contact your State Branch Official for assistance.
