Mlc Life Enterprise Agreement
The MLC Life Enterprise Agreement: What You Need to Know
In December 2020, MLC Life Insurance and the Finance Sector Union (FSU) reached a new Enterprise Agreement (EA) that covers over 2,000 employees across MLC Life. The EA sets out the terms and conditions of employment for these employees, and it is an important document for anyone working at MLC Life.
If you`re a current or prospective employee of MLC Life, here`s what you need to know about the new Enterprise Agreement.
What is the MLC Life Enterprise Agreement?
The MLC Life Enterprise Agreement is a legally binding agreement between MLC Life and the FSU that outlines the terms and conditions of employment for employees at MLC Life. The agreement covers a range of issues, including pay rates, working hours, leave entitlements, and dispute resolution procedures.
Why is the Enterprise Agreement important?
The Enterprise Agreement is important because it sets out the terms and conditions of employment for all MLC Life employees. This means that all employees are entitled to the same basic rights and benefits, and it provides a framework for resolving disputes between MLC Life and its employees.
What are the key changes in the new Enterprise Agreement?
The new Enterprise Agreement includes a range of changes that will affect MLC Life employees. Some of the key changes include:
– Pay increases: Employees will receive a 2% pay increase per year for the life of the agreement.
– Improved leave entitlements: The new agreement includes increases to annual leave, personal leave, and carer`s leave entitlements.
– Family-friendly policies: The agreement includes provisions for flexible working, parental leave, and domestic and family violence leave.
– Career development: The agreement includes provisions for career development and training opportunities.
How does the Enterprise Agreement affect me as an employee?
As an employee of MLC Life, the Enterprise Agreement sets out your rights and entitlements at work. This means that you are entitled to the benefits and protections outlined in the agreement, including pay increases, leave entitlements, and family-friendly policies. It also provides a framework for resolving disputes and ensuring that you are treated fairly at work.
In conclusion, the new MLC Life Enterprise Agreement is an important document for anyone working at MLC Life. If you`re a current or prospective employee, it`s important to understand your rights and entitlements under the agreement, and to seek advice if you have any questions or concerns.