AGREED ARTICLES WEF 1 July 2007
Disputed
articles to be referred to Industrial Court
After
receiving mandate from members at Branch General Meetings in all SBEU Branches,
SBEU has signed an interim CA with SCBA on agreed articles. We list below the
highlight of the agreed articles. For full details please refer to
Collective Agreement
page.
For the
disputed articles we are working with SCBA to refer them to the Industrial Court
for a Decision. These are Salary, Performance Bonus, Retirement Age/Benefits,
Housing Loan Interest Rate, and Enhancement of Non Clerical job value, Maternity
Benefits & Insurance Coverage.
SALARY
We have
rejected SCBA offer of 5% + 2 % salary adjustment. We are demanding a 25% salary
increase.
We will push
for a fair equitable and transparent Performance Pay System, Retirement Age to
increase to 60 years, employers’ EPF contribution to 18% and Staff housing loan
interest rate to be not more than 2%
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