Sunday, July 17, 2005

Banks: IR policy advocates to be shamed

The Finance Sector Union is planning to "name and shame" major banks that wholeheartedly endorse the Business Council of Australia's advocacy of the Howard government's proposed industrial relations changes.

In a bid to force the nation's 21 biggest financial companies to "stop hiding behind the BCA banner", the FSU has written to them asking for their position on five specific aspects of workplace reform.

"If they want to take a less aggressive approach we'll work with them to protect employees' terms and conditions and we'll make sure their employees know of their stance," FSU national secretary Paul Schroder said.

"On the other hand, if they want to be held individually accountable for the aggressive things the BCA is saying on their behalf, we'll publicly name and shame them.

"We think there's the potential that some employers may refuse to line up behind the government and the BCA's hard-line approach.

"Our membership has never been so interested in a piece of legislation and we want to be able to tell employees what individual employers are intending to do."

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