MA000019  PR543670

FAIR WORK COMMISSION

DETERMINATION

Fair Work (Transitional Provisions and Consequential Amendments) Act 2009
Sch. 5, Item 6 - Review of all modern awards (other than modern enterprise and State PS awards) after first 2 years

Australian Federation of Employers and Industries
(AM2012/238 and others)

BANKING, FINANCE AND INSURANCE AWARD 2010
[MA000019]

Banking finance and insurance industry
DEPUTY PRESIDENT SMITH	MELBOURNE, 22 NOVEMBER 2013

Modern Award Review 2012—Banking, Finance and Insurance Award 2010.

A. Further to the decision issued on 30 September 2013 1 it is ordered that the Banking, Finance and Insurance Award 20102 be varied as follows:

1. By deleting the words “normal finishing time” appearing in clause 22.3 and inserting “normal scheduled finishing time”.

2. By deleting clause B.6 and inserting the following:

B.6 Level 6

A Level 6 position typically performs a middle managerial role primarily to control the conduct of a part of the employer’s business and in which decisions are regularly made and responsibility accepted on matters relating to the administration and conduct of the part of the business. Those responsible for managing more than 10 people must be classified at this level provided that this level 6 classification does not cover classes of employees:

(a) who, because of the nature or seniority of their role, were not traditionally covered at all by awards; or

(b) who perform work that is not of a similar nature to work that has previously been regulated at all by awards.

Indicative job list—branch manager, human resources or fraudulent relations manager, financial planners, information technology specialists, relationship manager, senior analyst, subject matter manager, divisional manager.

B. This determination comes into operation on the first full pay period commencing on or after 21 October 2013.

DEPUTY PRESIDENT

 1   [2013] FWC 5482.

 2   MA000019.

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