32
1 Fair Work Act 2009 s.185—Enterprise agreement AustralianSuper Pty Ltd (AG2019/4744) AUSTRALIANSUPER PTY LTD ENTERPRISE AGREEMENT 2019- 2023 Banking finance and insurance industry DEPUTY PRESIDENT MANSINI MELBOURNE, 17 DECEMBER 2019 Application for approval of the AustralianSuper Pty Ltd Enterprise Agreement 2019-2023. [1] AustralianSuper Pty Ltd has applied for approval of a single enterprise agreement known as the AustralianSuper Pty Ltd Enterprise Agreement 2019-2023 (the Agreement) pursuant to s.185 of the Fair Work Act 2009 (Cth) (the Act). [2] On the basis of the material contained in the application and related materials, I am satisfied that each of the requirements of ss.186, 187 and 188 as are relevant to this application for approval have been met. [3] The Finance Sector Union, being a bargaining representative for the Agreement, has given notice under s.183 of the Act. In accordance with s.201(2), I note that the Agreement covers this organisation. [4] The Agreement was approved on 17 December 2019 and, in accordance with s.54, will operate from 24 December 2019. The nominal expiry date of the Agreement is 30 June 2023. DEPUTY PRESIDENT Printed by authority of the Commonwealth Government Printer <AE506521 PR715360> [2019] FWCA 8529 DECISION FairWork Commission

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Page 1: DECISION - fsunion.org.au · Banking finance and insurance industry ... 8.1 The following two tables contain the agreed classification and salary structure with the salary and superannuation

1

Fair Work Act 2009 s.185—Enterprise agreement

AustralianSuper Pty Ltd(AG2019/4744)

AUSTRALIANSUPER PTY LTD ENTERPRISE AGREEMENT 2019-

2023

Banking finance and insurance industry

DEPUTY PRESIDENT MANSINI MELBOURNE, 17 DECEMBER 2019

Application for approval of the AustralianSuper Pty Ltd Enterprise Agreement 2019-2023.

[1] AustralianSuper Pty Ltd has applied for approval of a single enterprise agreement known as the AustralianSuper Pty Ltd Enterprise Agreement 2019-2023 (the Agreement) pursuant to s.185 of the Fair Work Act 2009 (Cth) (the Act).

[2] On the basis of the material contained in the application and related materials, I am satisfied that each of the requirements of ss.186, 187 and 188 as are relevant to this application for approval have been met.

[3] The Finance Sector Union, being a bargaining representative for the Agreement, has given notice under s.183 of the Act. In accordance with s.201(2), I note that the Agreement covers this organisation.

[4] The Agreement was approved on 17 December 2019 and, in accordance with s.54, will operate from 24 December 2019. The nominal expiry date of the Agreement is 30 June 2023.

DEPUTY PRESIDENT

Printed by authority of the Commonwealth Government Printer

<AE506521 PR715360>

[2019] FWCA 8529

DECISION FairWork Commission

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AustralianSup?r

AustralianSuper Pty Ltd

EnterprU1J~ Agreement 2019-2023

,· · ;· ',.

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AustralianSuper Pty Ltd Enterprise Agreement 2019-2023

1. Title

This Agreement will be known as the AustralianSuper Pty Ltd Enterprise Agreement 2019-2023.

2. Introduction

Our shared purpose is to achieve the best retirement outcomes for our members.

This Agreement reflects this purpose and demonstrates AustralianSuper's commitment to ensuring the Fund's employees are fairly compensated, reflecting the ongoing success of the Fund whilst meeting community expectations.

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AustralianSuper's purpose and values

AustralianSuper's purpose is to help members achieve their best possible retirement outcome. The diagram below sets out the Fund's values along with some examples of how the values are demonstrated in workplace behaviours. The values are centred around the Fund's key focus of "Members First".

Excel lent o utcomes

I take accountability

I play my part in making hard

decisions

I strive to always do better

Generosity of spirit

I make time to help and

understand others I share knowledge and communicate

I respect effort and recognise a job

well done

Integrity

I display utter trustworthiness

I speak when I see actions

inconsistent with our values I admit when I make mistakes

I actively contribute to the team

I look for new ideas

I am determined to succeed

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3. Arrangement

Clause no

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

14.

15.

16.

17.

18.

19.

20.

21.

22.

23.

24.

25.

26.

27.

28.

29.

30.

31.

32.

33.

34.

35.

36.

Subject matter

Title

Introduction

Arrangement

Scope and Parties Bound

Date and Period of Operation

Variations to this Agreement

Definitions

Classification Structure

Salary Increases

Hours of Work

Overtime

Superannuation

Expenses and Allowances

Persona l Leave

Compassionate Leave

Family and Domestic Violence Leave

Parental Leave

Long Service Leave

Annual Leave

Community Service Leave

Leave Without Pay

Purchased Leave

Public Holidays

Additional Paid Leave

Additional Leave for Aboriginal and Torres Strait Island Colleagues

Transition Leave

Grandparent Leave

Motor Vehicles

Training and Development

Performance Objectives

Income Protection

Workers' Compensation and Accident Make Up Pay

Dispute Resolution

Redeployment, Redundancy and Retrenchment

Workforce Diversity

Occupational Health and Safety

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37.

38.

39.

40.

41.

Consultation

Individual Flexibility Arrangements

Union Rights

Joint Consultative Group

Signatories

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4. Scope and Parties Bound

4.1 This Agreement covers AustralianSuper Pty Ltd and all of its employees, with the exception that the provisions of

Clauses 8 to 12 inclusive (with the exception of sub clauses 8.5, 12.2, 12.3, 12.4, 12.5) shall not apply to packaged

employees (as defined in Clause 7).

4.2 This Agreement replaces the AustralianSuper Pty Ltd Enterprise Agreement 2016-2019. The terms of the Banking,

Finance and Insurance Award 2010 shall be incorporated into and considered terms of this Agreement, provided

that where there is any inconsistency between this Agreement and the above award, this Agreement shall apply to

the extent of that inconsistency.

5. Date and Period of Operation

This Agreement shall come into operation no sooner than seven days after approval by the Fair Work Commission and its

nominal expiry date is 30 June 2023.

6. Variations to this Agreement

It is agreed that the terms and conditions contained in this Agreement may be varied by agreement between the parties

subject to the provisions of the Fair Work Act 2009 (Cth).

7. Definitions

AustralianSuper and the Fund means the superannuation fund of which AustralianSuper Pty Ltd is the trustee.

FSU means the Finance Sector Union of Australia.

Employee or employees, unless otherwise specified, means a full time or part time permanent employee or an employee

on a maximum term contract with AustralianSuper.

Packaged employee means an employee who is graded above Level 12 in the Specialist salary scale whose remuneration is

described in terms of Total Employment Cost (TEC) and who is exempt from certain provisions of this Agreement as set out

in Clause 4.

TEC means Total Employment Cost which is the total amount of salary and compulsory employer superannuation

contributions.

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8 Classification Structure

8.1 The following two tables contain the agreed classification and salary structure with the salary and superannuation

adjustments referred to in Clauses 9 and 12.

Specialist Employees

Salary Total employment cost (TEC) including employer

superannuation contribution

July 19 ($) July 20 ($) July 21 ($) July 22 ($) July 19 ($) July 20 ($) July 21 ($) July 22 ($)

Levell 101,581.60 105,136.95 108,816.75 112,625.33 114,787.20 118,804.76 122,962.92 127,266.62

Level2 105,541.58 109,235.S3 113,058.78 117,015.84 119,261.98 123,436.15 127,756.42 132,227.89

Level 3 114,335.70 118,337.45 122,479.27 126,766.04 129,199.35 133,721.32 138,401.57 143,245.62

Level4 119,137.45 123,307.26 127,623.02 132,089.82 134,625.32 139,337.21 144,214.01 149,261.50

Levels 124,139.55 128,484.43 132,981.38 137,635.73 140,277.69 145,187.41 150,268.96 155,528.38

Level6 130,750.07 135,326.32 140,062.74 144,964.94 147,747.58 152,918.74 158,270.90 163,810.38

Level 7 136,281.68 141,051.54 145,988.34 151,097.93 153,998.30 159,388.24 164,966.83 170,740.67

Levels 138,767.42 143,624.28 148,651.13 153,853.92 156,807.18 162,295.43 167,975.77 173,854.93

Level9 143,103.48 148,112.10 153,296.02 158,661.38 161,706.93 167,366.67 173,224.51 179,287.36

LevellO 147,439.55 152,599.93 157,940.93 163,468.86 166,606.69 172,437.92 178,473.25 184,719.82

Levelll 151,775.62 157,087.77 162,585.84 168,276.34 171,506.45 177,509.18 183,722.00 190,152.27

Level 12 156,111.69 161,575.60 167,230.74 173,083.82 176,406.21 182,580.43 188,970.74 195,584.72

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Administration Employees

Salary Total employment cost (TEC) including employer

superannuation contribution

July 19 ($) July 20 ($) July 21 ($) July 22 ($) July 19 ($) July 20 ($) July 21 ($) July 22 ($)

Level 1 63,261.41 65,475.56 67,767.21 70,139.06 71,485.40 73,987.39 76,576.95 79,257.14

Level2 66,810.29 69,148.64 71,568.85 74,073.76 75,495.62 78,137.97 80,872.80 83,703.35

Level3 70,361.05 72,823.69 75,372.51 78,010.55 79,507.99 82,290.77 85,170.94 88,151.92

Level4 79,155.18 81,925.61 84,793.00 87,760.76 89,445.35 92,575.93 95,816.09 99,169.66

Levels 84,651.00 87,613.79 90,680.27 93,854.08 95,655.63 99,003.58 102,468.71 106,055.11

Level6 90,369.40 93,532.33 96,805.96 100,194.17 102,117.42 105,691.53 109,390.74 113,219.41

Level7 94,887.86 98,208.93 101,646.25 105,203.86 107,223.28 110,976.09 114,860.26 118,880.37

Levels 99,883.89 103,379.82 106,998.12 110,743.05 112,868.79 116,819.20 120,907.87 125,139.65

Level9 103,999.69 107,639.68 111,407.07 115,306.31 117,519.65 121,632.83 125,889.98 130,296.13

Levell0 107,641.97 111,409.44 115,308.77 119,344.57 121,635.42 125,892.66 130,298.91 134,859.37

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8.2 AustralianSuper is committed to ensuring that all employees who perform comparable work at a comparable level

will receive equal remuneration.

8.3 The Joint Consultative Group will review the current classification and pay structures with a view to simplifying and

creating one classification structure with the overall intent to reduce the number of levels. This would include

detailing descriptions of work value/expectation for each level as well as progression requirements. Where

changes are agreed as a result of the review of the classification and pay structures, a ballot to vary the agreement,

pursuant to Clause 6 of this agreement, may then be conducted in accordance with the provisions of the Fair Work

Act 2009 (as amended from time to time).

8.4 Individual employees will not automatically move through the levels over time. Specific reasons must exist for an

individual's level to be reviewed, and where an application is made the guidelines below set out the factors that

would justify such a review.

8.4.1 The job has increased in complexity

Change/s to operating processes, legislation or the external environment have been substantial and the

person in the job needs to complete additional study or specific tra ining to be able to perform the

requirements. Alternatively, the nature of the job has changed from following established methods to

solving problems.

8.4.2 The level of responsibility has changed

The job may have originally report ed closely to a people leader but it is now largely an autonomous or

semi-autonomous role with greater decision making authority.

8.4.3 The accountability is greater

The job may once have had a small or moderate budget, low or smaller value client base or a small

team reporting to it but one or a number of these factors has changed considerably.

8.5 AustralianSuper makes the following commitments to packaged employees:

8.5.1 Reviews of remuneration will be conducted at the end of each financial year and any resulting pay

adjustments will be effective from 1 July.

8.5.2 Those remuneration adjustments may be based on a range of factors in applying individual

remuneration increases including the adjustments contained in Clause 9.1, market alignment (both

int ernal and across the relevant market) and the performance of the packaged employee.

8.5.3 If packaged employees have concerns about their annual remuneration reviews they may raise them

with their manager. If matters remain unresolved the provisions of Clause 32 wil l apply.

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9 Sa lar~ increases

9.1 The following salary increases will apply to all non-packaged employees:

9.1.1 3.5% backdated to lJuly 2019

9.1.2 3.5% from 1 July 2020

9.1.3 3.5% from 1 July 2021

9.1.4 3.5% from 1 July 2022

9.2 Employees who at the commencement of this Agreement believe that they should be on a higher classification

level than the one that they are classified at should raise the matter with their Group Executive who wi ll discuss it

with the Group Executive, People & Culture.

9.3 Employees who are rated 1 on performance or 'not meets' on values at their annual performance review will be

placed on a performance improvement plan and will receive the increase effective from the date of successful

completion of the program. The performance improvement process is to be conducted in accordance with the

Fund's PIP Guidelines (Version 1.0 August 2016).

10. Hours of work

10.1 The ordinary hours of work for full time employees are 36 hours per week with the exception that those employees

who, at the commencement of this Agreement work a 35-hour week and are entitled to retain this entitlement.

10.2 AustralianSuper is committed to assisting all employees to balance work with family and other responsibilities. As a

sign of this commitment, AustralianSuper provides a supportive working environment that enables all roles to flex

- meaning all roles at AustralianSuper can be performed on a flexible basis. The span of hours that employees work

will be discussed between an employee and their people leader with a view to reaching a mutually satisfactory

outcome.

10.3 Where an employee is required to travel interstate for business purposes, their people leader must be mindful of

supporting the employee to balance the time required for t rave l with the employee's personal circumstances.

10.4 Rostered days off/accrued days off/time off in lieu for office based employees

10.4.1 Employees who, at the commencement of this agreement, have an entitlement to RDOs/ADOs may

retain their existing entitlements.

10.4.2 Where employees are required to occasionally work out of hours on an ad hoc basis TOIL will be

provided. Employees will agree mutually suitable TOIL arrangements with their people leader.

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10.5 Time off in lieu (Education Managers and Financial Planners)

10.5.1 The eligible span of hours for accruing time off in lieu is before 7.00 am and after 6.00 pm Monday to

Friday excluding public holidays. This includes travel to and from the relevant workplace where such

meetings occur between 6.00 pm and 7 .00 am. Travel time will not be included for meetings that

commence at the workplace outside the eligible span of hours. In addition to the Monday to Friday

provisions above, time off in lieu will apply to hours worked on weekends. Any time worked on

weekends will be by mutual agreement between the employee and relevant people leader taking

into account the social and family considerations of working any such hours when applying the

accrual rate of time off in lieu provisions.

10.5.2

10.5.3

10.5.4

Education Managers and Financial Planners should seek to adjust their hours by availing of a late start

or early finish to take the time off in lieu shortly after the additional hours have been worked.

Where Education Managers and Financial Planners accumulate time off in lieu under these

arrangements, they may use this accrued time to take leave at a time that suits business needs and is

mutually agreed by the employee and their people leader, provided that time off in lieu will be taken by

the end of the month following the time being worked, unless otherwise agreed with the relevant

people leader prior to the month elapsing. Such t ime in lieu will be entered into the Oracle for approval

by the people leader.

Where AustralianSuper requires an employee to travel on the weekend or public holidays for work

purposes, this travel time will accrue one day of time off in lieu.

10.6 Part time work

10.6.1 AustralianSuper may employ permanent part time employees to work an agreed number of hours less

than 36 hours per week with the exception that employees working 35 hours per week at the

commencement of this agreement (see Clause 10.1) are full time employees.

10.6.2

10.6.3

10.6.4

11. Overtime

A part t ime employee is an employee who:

{i) works less than 36 hours per week;

{ii) has predictable hours of work; and

{iii) receives, on a pro rata basis, equivalent pay and conditions to those of full-time employees who

undertake the same kind of work.

At the commencement of working part time, the employee and their people leader will agree in writing

on a regular pattern of work, specifying at least the hours worked each day, which days of the week the

employee wil l work and the agreed starting and finishing times each day.

A variation to these hours of work will only operate by agreement between the employee and their

people leader.

11.1 Overtime will apply to employees who are classified under the Administration Staff Classification Structure only

where they are required to work in excess of 7.2 hour per weekday (excluding meal breaks) or on Saturdays,

Sundays and public holidays.

11.2 All overtime must be authorised by the relevant people leader before it is worked.

11.3 Overtime for weekdays will be compensated at the rate of time and a half for the first two hours and double time

thereafter. All overtime on Saturday or Sunday will be compensated at the rate of double time for a minimum of

three hours.

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11.4 All time worked on a public holiday will be compensated at the rate of double time and a half for a minimum of

four hours.

11.S Any claim for overtime must be made within 10 days of the overtime being worked. Where compensation for such

overtime is to be paid as additional sa lary it will be included in the following pay period.

11.6 An employee may take time off in lieu for the first 2 hours per week (or 8 hours per 4 weekly cycle) of overtime at a

time or times agreed with his/her manager. Time off in lieu will be calculated at the appropriate overtime rate/s for

time worked pursuant to the provisions of Clauses 11.3 and 11.4 above.

11.7 If employees are required to work overtime after 7.00pm on any weekday or after 1.00pm on a Saturday, Sunday

or public holiday, they will be paid a meal allowance as set down in the Banking, Finance and Insurance Award 2010

or have a meal provided.

11.8 To ensure personal safety, if an employee is required to work after 7.00pm during normal standard time or after

8.00pm during daylight saving t ime, AustralianSuper will provide transport to the employee's usual place of

residence at their request.

12. Superannuation

12.1 Employer superannuation contributions for non-packaged employees will remain at 13% for the life of the

agreement, which will continue to be above the superannuation guarantee rate.

12.2 Employer superannuation contributions for packaged employees will continue at the superannuation guarantee

rate (9.5% as at 1 July 2019) and if this increases during the life of the Agreement, then this will be absorbed by the

TEC pool for packaged colleagues.

12.3 All employees are required to be a member of the AustralianSuper Fund and will have their employer

superannuation contributions paid into the Fund.

12.4 AustralianSuper will make employer superannuation payments into an employee's AustralianSuper account on a

fortnightly basis.

12.5 Employees may elect to sacrifice part of their salary as an additional superannuation contribution. Where an

employee elects to sa lary sacrifice contributions to superannuation, the salary for the purposes of calculating all

entitlements pursuant to this Agreement and all other statutory entitlements will be the actual salary before salary

sacrifice.

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13. Expenses and Allowances

13.1 Payment for taxi and approved ride sharing provider travel (through Cabcharge or other means) must only occur for

Fund related t ravel. Cabcharge or other Fund credit cards are not to be used for private travel. Cabcharge dockets

may be used for interstate business travel or for local business travel where it is not practicable to drive a Fund

vehicle. However, public transport, where available, should be used as a fi rst option.

13.2 Reasonable expenses: When an employee performs work, or attends workshops, seminars or training where costs

are met by AustralianSuper and where the employee is required to be absent from their usual place of residence

overnight, t he Fund will meet any reasonable addit ional personal costs incurred as a result of the absence.

13.3 Non overnight travel: The Fund will pay all expenses that it determines to be reasonable which are incurred by an

employee during any 10 hour absence for work purposes not extending overnight.

13.4 Mileage allowance: Where an employee is required to use a vehicle and a Fund vehicle is not avai lable, with the

prior approval of their manager they will receive a mileage allowance as set out in the Australian Taxation Office

schedule of rates per business ki lometre.

13.5 Cash advances: Cash advances will be provided for out of pocket expenses that cannot be placed on a corporate

credit card. Petty cash wi ll be available in each state office. Reconciliation of cash advances will be required and

any unused amounts returned.

13.6 All Fire Wardens and First Aid Officers will receive an annual allowance of $1,000.00 to be paid bi-annually.

Employees may be either a Fire Warden or a First Aid Officer but not both.

14. Personal Leave

14.1 An employee is entitled to the following amount of paid personal leave which may be used as sick leave or carer's

leave. Paid personal leave may also be used by employees to attend appointments for the purpose of preventing or

screening for a medical condition, and to attend pre-natal medical and related appointments:

• 10 working days in the first year of service;

• 12 working days in the second year of service; and

• 14 working days in the third and following years of service.

14.2 For the purposes of the above, "year" is the period of twelve months between the date of commencement of

employment and the corresponding date in the following calendar year and each successive period of twelve

months.

14.3 Unused paid personal leave will accrue from year to year. Unused paid personal leave is not paid out upon

termination of employment.

15. Compassionate Leave

15.1 Employees are entitled to up to 5 days' paid compassionate leave on each occasion if a member of the employee's

immediate family or household develops a life threatening illness or dies.

15.2 Compassionate leave is not available to employees who are on parental leave (paid or unpaid) or long service leave

or leave without pay.

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15.3 In exceptional circumstances additional entitlements to compassionate leave may be approved by the Chief

Executive or Group Executive, People & Culture.

16 Family and Domestic Violence Leave

16.1 Employees who are affected by family and domestic violence are entitled to uncapped paid leave for medical and

legal assistance, court appearances, counselling, and relocation or to make any other arrangements for the safety

and security of themselves and their family.

17. Parental Leave

17.1 Employees are eligible for parental leave of up to 104 weeks in relation to the birth or adoption of a child. Fourteen

weeks of leave will be paid leave and any further leave wi ll be unpaid leave. Employees will only receive payment

for leave actually taken.

17.2 Employees who are eligible for parental leave will be paid an amount equivalent to 14 weeks' salary as paid leave.

This amount may be paid to the employee prior to commencing parenta l leave or as part of the normal pay cycle

during their period of leave at either full or half pay.

17.3 Employees are required to apply for parental leave at least 10 weeks prior to the expected birth date of the child or

the expected date of adoption. Parental leave may commence within 6 weeks of the expected date of birth of the

child or within 2 weeks of the expected date of adoption of the child, or within 104 weeks of the birth of the child or

the date of adoption of the child, as appropriate.

17.4 Other annual and long service leave to which employees are entitled may be taken in conjunction with parental

leave provided that the tota l period of absence on paid and unpaid leave does not exceed 104 weeks.

17.5 Employees will give AustralianSuper at least 4 weeks' notice of their intention to return to work from parental

leave.

17.6 Employees may request to return to work on a part time basis for a period of up to 52 weeks following the taking of

parental leave without affecting their rights to return to a full time position. AustralianSuper commits to consider

such requests and will make a decision having regard to the effect on the business. Such requests will not be

unreasonably refused. Additionally, employees may request to return from a period of parental leave on a part

time basis until the chi ld reaches school age to assist them in reconciling work and parental responsibilities.

17.7 AustralianSuper will consider such requests having regard to the employee's circumstances and, provided the

request is genuinely based on the employee's parental responsibi lities, may only refuse the request on reasonable

grounds related to the effect on the workplace or the Fund's business. Such grounds might include cost, lack of

adequate replacement employees, loss of efficiency and the impact on customer service.

17.8 The employee's request and the Fund's decision are to be in writing.

17.9 AustralianSuper must give a written response to the request stat ing whether the Fund grants or refuses t he

request. The response must be given as soon as practicable and not later than 21 days, after the request is made.

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17.10 If AustralianSuper refuses the request, the written response must include detai ls of the reason for refusal.

17.11 AustralianSuper will continue to pay employer superannuation contributions at the employee's full-time rate into

the employee's superannuation fund, for a period of 104 weeks from t he commencement of the period of parental

leave.

18 Long Service leave

18.1 Employees are entitled to 13 weeks' paid long service leave after 10 years' service plus 6.5 weeks for each

addit ional 5 years' service to be calculated on a pro rata basis.

18.2 Employees are also entitled to pro rata long service leave after completion of their fifth year of service.

18.3 Such leave will be taken at a time or times as agreed between the employee and their people leader. Employees

may not be directed to take long service leave by the Fund.

18.4 When an employee has completed more than five but less than ten years of service with AustralianSuper, a pro

rat a payment will be made on termination irrespective of whether the decision to terminate employment is made

by the employee or by AustralianSuper.

19 Annual Leave

19.1 Employees are entitled to 20 days' paid annual leave per year of service. Annual leave loading of 17.5% wi ll be paid

when leave is ta ken.

19.2 Any leave in excess of 20 working days shall be taken within 3 months of it having accrued provided that by

agreement between an employee and their people leader, such leave may be deferred to a date to be agreed. The

total period of leave that may be accrued cannot exceed 30 working days. The exception to this requirement is

where an employee has a plan approved by their people leader for taking the surplus accrued leave over the

ensuing twelve months. In the absence of such an approved plan an employee who has accrued more than 30 days'

annual leave may be directed by their people leader to take leave in order to reduce the balance.

19.3 Annual leave is exclusive of any public holiday prescribed in this agreement. If a public holiday falls within an

employee's period of annual leave and is observed on a day which would have been an ordinary working day for

that employee, that day will be added to the employee's period of annual leave.

19.4 Employees, who have completed their probation period, may take leave before it falls due by agreement with their

people leader, to a maximum of 5 days. Where leave is granted and taken before it falls due, a further period of

annual leave will commence to accrue from the next anniversary date.

19.5 Where leave in excess of the amount of leave an employee has accrued is granted and taken in advance of its falling

due and the employee's employment is terminated, AustralianSuper may deduct from any monies due to the

employee on termination an amount equal to the amount paid for the period by which the leave granted exceeded

the amount of leave which had accrued at the date of termination.

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19.6 On termination of employment for any reason, an employee will be paid for any accrued unused annual leave.

20. Community Sen,ce Leave

20.1 In addition to annual leave entitlements, employees are also entitled to take up to one day of paid community

service leave per annum to perform duties for specific charities or community organisations. This leave is accessed

on a voluntary basis.

20. 2 Employees are also entitled to paid community service leave for jury service or an eligible voluntary emergency

management activity (such as fire-fighting, civil defence or rescue), upon the provision of satisfactory evidence of

their engagement in that activity. In such circumstances there is no limit on the duration of the leave.

21 Leave Without Pay

21.1 After twelve months' employment, employees are entitled to apply for up to 52 weeks of leave without pay.

21.2 Such unpaid leave may be used for family responsibilities, full time study, travel or any other purpose as agreed

with AustralianSuper. The Fund undertakes to consider any application on its merits, balancing the needs of the

appl icant with the needs of the business.

21.3 If granted, t he duration and t iming of such leave will be by agreement between the employee and their people

leader.

22. Purcha~ed Leave

22.1 An employee may apply to increase their annual leave entitlement by up to 4 weeks. When this occurs, the

employee's salary will be reduced by 1/52 for each week of extra leave.

22.2 Applications for purchased leave will be considered by the employee's people leader and will be agreed subject to

there being no adverse impact on the operat ion of the Fund.

22.3 All salary based entitlements and conditions for the period of purchased leave taken will be based on the

employee's reduced salary.

22.4 Access to additional annual leave via purchased leave is subject to the following conditions:

• Eligibility to apply for purchased leave is available to all permanent full time and part time employees.

• There must be mutual agreement between the employee and their people leader when annual and

purchased leave will be taken prior to any purchased leave arrangements being established.

• If an employee has an accrued annual leave balance, they must reduce the balance to below 20 days before

entering into purchased leave arrangements.

• An employee must enter purchased leave for a complete 12 month period. Participation in purchased leave

will be reviewed by the people leader and the employee upon the anniversary of the arrangement being

made.

• The purchased leave model of employment can only be introduced at an employee's initiative and with the

agreement of their people leader.

• Annua l leave loading is not payable during periods of purchased leave.

• Periods of purchased leave may be taken as single days as well as whole weeks.

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22.5 Upon termination of employment, an employee's termination entitlements will be calculated on a pro rata basis

reflecting the respective amounts of time the employee worked on the purchased leave model and a normal

working mode.

23 Public Holidays

Employees are entitled without loss of salary to all statutory or declared public holidays that apply in the place where t he

employee is based for work purposes.

24 Additional Paid Leave

Employees will be entitled to three additional paid leave days throughout the year. These days may be taken at the

discretion of the employee. Leave under this clause will be non-cumulative and will not be subject to leave loading.

25. Additional Leave for Aboriginal and Torres Strait Island Colleagues

25.1 Employees who identify as members of Aboriginal or Torres Strait Islander communities will be entitled to paid

leave up to a maximum of 5 working days per calendar year to follow and practise the requirements of cultural,

spiritual or religious be liefs to which they adhere.

25.2 Such practices include but are not limited to, attendance at NAIDOC week events, ceremonial events and

celebrations, funerals or other community events. Leave under this clause will be non-cumulative.

26. Transition Leave

26.1 Employees are eligible for up to 52 weeks' unpaid gender transition leave.

26.2 Transition leave will normally be taken in a single block, though may be taken on a regular and systematic basis and

will be available once annual leave accruals have been exhausted, unless otherwise agreed.

26.3 Where practicable, employees are required to apply for transition leave at least 10 weeks prior to commencing

unpaid transition leave and provide at least 4 weeks' notice of their intention to return to work from transition

leave. A request for return to part time hours will not be unreasonably refused.

26.4 An employee on transition leave will be entitled to return to their position at the conclusion of the leave.

26.5 Where consultation pursuant to Clause 36 occurs while an impacted employee is on transition leave,

AustralianSuper wil l seek the employee's feedback in accordance with that clause.

27. Grandparent Leave

27.1 Employees are eligible for up to 52 weeks' unpaid grandparent leave to undertake care of their grandchildren. A

grandparent is the parent of one of the parents of the child requiring care for which the grandparent leave is

sought.

27.2 Grandparent leave will normally be taken in a single block, though may be taken on a regular and systematic basis

and will be ava ilable once annual leave accruals have been exhausted, unless otherwise agreed.

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27.3 Where practicable, employees are required to apply for grandparent leave at least 10 weeks prior to commencing

unpaid grandparent leave and provide at least 4 weeks' notice of their intention to return to work from grandparent

leave. A request for return to part time hours will not be unreasonably refused.

27.4 An employee on grandparent leave will be entitled to return to their position at the conclusion of the leave.

27.5 Where consultation pursuant to Clause 36 occurs while an impacted employee is on grand parental leave,

AustralianSuper will seek the employee's feedback in accordance with that clause.

28 Motor Vehicles

28.1 The Joint Consultative Group will review the current motor vehicle clause, with a view to agreeing updated

definitions of eligibility, use by part time and job share employees and management of fines.

28.2 This clause relates to the provision and use of motor vehicles by AustralianSuper employees who are provided with

a motor vehicle to perform the duties of their position. This clause will be read in conjunction with the

AustralianSuper Motor Vehicle Policy. In the event of a dispute arising in relation to this policy, the parties wi ll

consider the matter with a view to reaching agreement. Should the matter remain unresolved the disputes

procedure in Clause 32 will be followed.

28.3 The vehicle will be selected by employees from the vehicles listed at 28.4 below. The maintenance provided by

AustralianSuper will include registration, comprehensive insurance and operating costs except for petrol when

travelling interstate on periods of authorised paid leave. AustralianSuper will provide a city car park and pay any

work-related parking expenses.

28.4 Employees are entitled to select from the current base model vehicles listed below:

• Toyota Prius Hybrid

• Toyota Corolla Hybrid

• Toyota Camry Altise Hybrid

• Toyota Camry Altise

• Mazda 3 Maxx

• Mitsubishi Outlander LS 2WD .

This list will be reviewed when required to ensure it is up to date with current models and Fund policies.

AustralianSuper and the FSU are committed to the concept of moving to an environmentally sustainable fleet of

motor vehicles.

28.5 Vehicles will meet minimum 5-sta r ANCAP safety ratings. In addition to safety features these vehicles will include

the following minimum equipment levels: automatic transmission, air conditioning, cruise control, window tinting,

back seat safety grill (station wagons only) and satellite navigation. Employees will be provided with a hands-free

mobile telephone car kit or other equivalent safe technology such as Bluetooth.

28.6 After 3 years or when a vehicle has travelled 90,000 km, whichever occurs first, it w ill be replaced.

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28.7 Use of motor vehicle

28.7.1

28.7.2

28.7.3

Employees will retain the use of the vehicle during periods of authorised paid leave provided that petrol

costs incurred on interstate travel during such leave will be the responsibility of employee.

Part time employees will be provided with a vehicle for their days at work. An agreed financial

contribution will be required from the part time employee to cover any use of the vehicle during non­

working hours.

Employees may allow a family member to use an AustralianSuper vehicle for occasional short trips. If

the actions of the family member give rise to an insurance claim, the employee will be responsible for

any expenses not covered by AustralianSuper's insurance policy.

28.8 AustralianSuper supports employees undertaking driver training to improve their driving skills and defensive

driving techniques and will meet the training costs of this training.

28.9 Drivers' responsibilities

28.9.1 Drivers of AustralianSuper vehicles will exercise proper care and caution in addition to observing the

relevant road laws.

28.9.2

28.9.3

Drivers of AustralianSuper vehicles will not exceed the legal blood alcohol level or be under the

influence of drugs.

Where an employee is involved in an accident and/or is convicted of an offence in relation to drink

driving, driving under the influence of drugs, or dangerous driving, the situation will be assessed by

their manager. If an employee is disqualified from driving their employment may be terminated.

28.10 Other matters

28.10.1 All AustralianSuper vehicles are non-smoking areas.

28.10.2 Any fines incurred by employees in using vehicles are the responsibility of the employee.

28.10.3

28.10.4

AustralianSuper may, in exceptional circumstances upon receipt of a written explanation from an

employee, authorise the payment of parking fines.

If requested by the Fund employees will fill out a logbook for taxation purposes.

29 Training and Development

29.1 Introduction

AustralianSuper and the FSU are committed to enhancing the career opportunities of all employees and enhancing

the opportunities for them to contribute to the success of the Fund through training and development.

The parties commit to providing for all new employees, within one month of commencement, induction and other

training related to the Fund generally and their position in particular. This induction training will be a base for

further development, training and acquisition of experience in the role.

The parties also commit to developing a highly skilled and flexible workforce through increased skill acquisition,

providing employees with access to improved career opportunities and removing systemic barriers to participation

in training or to the utilisation of acquired skills.

To facilitate these objectives, the parties believe it is important for all employees to undertake some form of

appropriate training and development each year and the Fund will actively encourage this.

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29.2 Development Plans

Each employee along wit h their people leader will agree a development plan each year. The plan w ill set out t he

t imeframe and the details of t raining and ca reer development opportunities including any relevant study, internal

training, industry conferences, seminars or on-the-job development relevant to their role. The people leader will

assist and encourage employees in their career development in accordance with their responsibility to manage the

performance of all employees. Employees are encouraged to identify and discuss with their people leader training

for their ca reer progression.

The Fund will cover all reasonable costs relating to agreed development.

29.3 Leave for training

The Fund will support employees to undertake formal courses of study that lead to a recognised qualification

related to their field. Where a request for study assistance has been approved, a formal agreement will be put in

place outlining the financial support and leave.

Employees are entitled to paid study leave of two days per subject for up to 3 subjects per semester to study, and

paid study leave of one day per subject for up to 3 subjects per semester to attend examinations. This allows for a

total of up to 9 days' study leave per semester.

Employees undertaking the Chartered Financial Analyst (CFA) program are entitled to the total nine days available

per semester for study and exam preparation due to the intensity of the workload. It is expected that these leave

days will be taken on a staggered basis rather than in one lump sum.

29.4 Financial support for study

Reasonable study costs, such as course fees and materials, will be reimbursed by the Fund where the course of

study has been approved and a formal study agreement has been put in place.

If the employee does not pass the course or unit of study, they will not be eligible for Fund payment for additional

courses or units of study unti l the subject initially attempted (or an equivalent one) has been completed at the

expense of the employee. However, in extenuating circumstances, such employees may approach their people

leader for add itional assistance for the first repeat of any subject.

29.5 Conferences for employees with a CPD requirement

Employees who have a Continuing Professional Development requirement as part of their role may apply to their

people leader to attend a local industry or professional conference. Approval will not be unreasonably refused.

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29.6 Employee Cross Skilling

As part of annual employee training and development plans, an employee may identify skills in another area within

the fund that they wish to acquire.

AustralianSuper will where practicable encourage employees to do the following:

• Undertake in house training within the identified area;

• Work with other employees to understand the requirements and skills within the other area; and

• Allow for the employee to shadow employees in the other area to assist the employee to acquire the

identified skills.

30. Performance Objecti\ es

30.1 All employees of AustralianSuper will have appropriate performance objectives agreed with their people leader.

30.2 Performance objectives agreed between AustralianSuper and an employee must be fair and reasonable and have

regard to the following factors:

• The type of work being performed;

The equitable distribution of work;

• Any leave the employee has planned;

• Whether the employee is a Union Representative;

• CPD and education to be undertaken throughout the year;

• The employee's ordinary hours of work; and

• The family and caring responsibilities of the employee.

Neither AustralianSuper nor the employee will unreasonably withhold agreement.

31. Income Protection

31.1 As an additional employment benefit, employees will be provided with income protection insurance under the

Fund's employee income protection insurance policy. All costs associated with providing this benefit will be met by

the Fund.

31.2 The income protection cover will provide a monthly income benefit of 75% of salary and employer superannuation

payments at the rate specified in sub-clause 12.2 for non-TEC packaged employees. TEC packaged employees will

receive a monthly income benefit of up to 85% of their package.

31.3 The benefit will be payable for up to two years following a waiting period of 30 days. Employees will not be

required to exhaust their sick leave entitlement to access a benefit payment under this entitlement. The cover

expiry age is 70 years of age.

31.4 The benefit will become payable if the employee is unable to carry out their normal duties due to sickness, injury or

accident after the waiting period has ended and meets the definition of totally or partially disabled outlined in the

policy. All cover and benefits are subject to the terms and conditions of the insurance policy.

32 Workers Compensation and Accident Make Up Pay

32.1 Employees on workers' compensation payments will be entitled to make up pay for the first 52 weeks of absence

on work related injury or illness. Such make up pay will bring the employee' s pay up to the actual salary prior to

the commencement of such leave of absence.

32.2 All entitlements including Superannuation Guarantee Contributions and any additional superannuation

contributions contained in this Agreement will continue to be paid during the period of absence.

33 Dispute Resolution

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33.1 If a dispute arises about this Agreement, the National Employment Standards, or any other work related matter

including a disput e about whether workplace rights have been breached, the parties to the dispute will attempt to

resolve the dispute at the workplace level by discussions between the employee (s) and the relevant people

leader(s).

33.2 If t he matter cannot be resolved at the workplace level, either party or its representative may refer t he dispute to

the Fair Work Commission for resolution using any of it s powers including powers under Section 739(4). This

includes t he power t o arbitrate any dispute.

33.3 Union members are entitled to be represented by their union at any stage of this process. All employees are

entitled to be represented by any representative of their choice. AustralianSuper will recognise the representative

for all purposes involved with the resolution of the dispute.

33.4 The parties to the dispute and their representat ives must act in good faith in relation to the dispute.

33.5 Without prejudice to either party, all work wil l continue in accordance with the status quo as it existed prior to the

dispute while the matters in dispute are being dealt with in accordance with this clause.

33.6 The parties to the dispute agree to be bound by a decision made by Fair Work Australia in accordance with this

term.

33.7 None of the above procedures wi ll restrict a party to a dispute or their representative from referring a dispute to

the Fair Work Commission for resolution at any stage.

33.8 A decision that the Fair Work Commission makes when arbitrating a dispute is a decision for the purpose of

Division 3 of Part 5.1 of the Act. Therefore an appeal may be made against the decision.

34 Redeployment, Redundancy and Retrenchment

34.1 Principles

34.1.1 Any realignment of AustralianSuper's workforce will be consistent with business objectives.

34.1.2

34.1.3

34.1.4

34.1.5

Redundancy will only arise from the el imination, outsourcing or restructuring of work, not the

performance of individual employees.

A primary principle of this Agreement is that retrenchments will only occur after all reasonable

redeployment options for placing surplus employees have been exhausted.

Where a redundancy occurs due to outsourcing of a particular function, AustralianSuper will seek to

ensure that a condition of the contract with the outsourcing organisation will be the employment of

any employees made redundant.

If a redundant employee cannot be engaged by the outsourcing organisation, AustralianSuper will

attempt to place the employee elsewhere in the superannuation industry.

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34.2 Definitions

34.2.1 "Redeployment" means the appointment of an employee to a permanent position that is suited to the

employee's education, training and experience either with AustralianSuper or with the outsourcing

organisation.

34.2.2

34.2.3

"Redundancy" means a situation where the work being done by an employee, or the major portion of

it, is no longer required to be done in that location as a result of reorganisation, changed business

practice, technological change, downturn in business or outsourcing of that function.

"Retrenchment" means the situation where an employee ceases employment with the Fund by reason

of redundancy and is not engaged by the outsourcing organisation.

34.3 Redeployment

34.3.1 In any redundancy AustralianSuper will make all reasonable efforts, including retraining, to redeploy

elsewhere in the Fund those employees who have been identified as redundant, and to continue their

previous level of remuneration, conditions and benefits, unless mutually agreed otherwise. In so doing,

maximum advantage would be taken of natural attrition and the curtailment of recruitment wherever

practicable. However it is noted that the small size of AustralianSuper significantly limits the

opportunities for redeployment within the Fund.

34.3.2

34.3.3

34.3.4

34.3.5

34.3.6

34.3.7

34.3.8

34.4 Notice

34.4.1

34.4.2

The employees who are considered for redeployment will make all reasonable efforts to participate in

processes such as assessment and retraining to maximise their redeployment opportunities.

Where an employee is being considered for redeployment and has no prior experience or apparent

suitability for work in an area, this will not be used as sufficient reason alone for filling a vacancy in that

area from elsewhere. Retraining will be undertaken to equip the employee to perform the alternative

job where it is appropriate and possible in an acceptable timeframe.

If an employee is offered and accepts a position which involves relocation away from the city in which

the employees previously resided then reasonable relocation costs will be met by the Fund.

An employee being considered for redeployment may indicate a willingness to accept a voluntary

alternative position at a lower grade. When a voluntary alternative position is offered, the employee

will be given two working days in which to decide whether to accept or decline the offer.

Where a redundant employee is offered employment under the terms of sub-clause 34.3.5 above,

AustralianSuper will remain liable for the benefits described in Clause 34.5 if the employee is made

redundant by the outsourcing organisation within 12 months, provided that any redundancy benefits

paid by the outsourcing organisation will be deducted from the benefits in Clause 34.5.

An employee declared redundant retains the option of declining any offer of alternative em ployment

and remaining fully eligible for the provisions of Clause 34.5.

Where a redundant employee is offered alternative employment under the terms of sub-clause 34.3.5

above, the employee retains the right to opt for payment of the benefit described in Clause 34.5 for a

period of two months from the commencement of the alternative employment.

Employees to be retrenched will be given the maximum practicable forewarning of their retrenchment

and the specific retrenchment date. No employee will be given less than ten weeks' written notice or

salary in lieu of notice.

AustralianSuper will provide appropriate career transition services for employees not internally

redeployed or placed in other organisations.

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34.4.3

34.4.4

An employee who has been given forma l notice of retrenchment may elect to resign prior to the

specified date of retrenchment and maintain the full notice period entitlements, provided that the Fund

is in agreement. Alternatively, an employee may resign prior to the specified date of retrenchment

without the agreement of the Fund by providing two weeks' notice, and would forgo the balance of

their notice period entitlements.

AustralianSuper will allow leave of one day per week on full pay during the written period of notice for

the employee to attend job interviews and other job search activities, subject to the provision of

satisfactory evidence by the employee.

34.5 Severance payment

Upon termination through retrenchment, in addition to any payment in lieu of notice specified in sub-clause 34.4.1

of this agreement, an employee will be paid severance as follows:

• Four weeks' salary for each completed year of service plus a pro rata payment in respect of each

completed month of service in the final part year of service for employees with less than five years'

service

• Three weeks' salary for each completed year of service plus a pro rata payment in respect of each

completed month of service in the final part year of service for employees with more than five years'

service

The maximum payment under this sub-clause will be:

• 104 weeks salary for all employees employed prior to 1 January 2020

• 52 weeks sa lary for all employees employed after 1 January 2020

34.6 An employee who has transferred from full time to part time employment or vice versa will have their

retrenchment payments made on a pro rata basis on the actual time worked in each mode of employment using

the employee's current salary.

34. 7 Other payments

In addition to the payments described above, a retrenched employee will be paid out all accrued annual leave,

annual leave loading and long service leave in accordance with the provisions of this Agreement.

34.8 Certain benefits

34.8.1

34.8.2

34.8.3

A retrenched employee who has an AustralianSuper provided vehicle will have the first option to

purchase the vehicle at an agreed price.

A retrenched employee who has an AustralianSuper provided vehicle will continue to have use of the

vehicle for the period of notice or two weeks, whichever is the greater, while they remain employed by

the Fund.

If an employee has accepted an offer of employment from AustralianSuper which requires the

employee to move interstate, and the employee is retrenched within two years of such a move, the

Fund will pay reasonable moving expenses to enable a return to the city of origin.

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35. Workforce Diversity

35.1 As an equal employment opportunity employer, AustralianSuper recognises and embraces the value of diversity

and is committed to cultivating a diverse and inclusive workplace, representative of all sectors of society and free

from any form of harassment.

35.2 AustralianSuper recognises the right of employees to equal employment opportunity and will not tolerate unlawful

discriminat ion, harassment, bullying, vil ification, victimisation or any other unlawful conduct by or against any of its

employees.

36. Occupational Health and Safety

36.1 Objective

The parties to this Agreement are committed to achieving healthier and safer jobs th rough workplace changes

aimed at improved efficiency and productivity. This will be accomplished by establishing a comprehensive

approach to managing occupational health and safety issues which aims to control Hazards at source, to reduce the

incidence and costs of occupational injury and illness and to provide a rehabilitation system for workers affected by

occupational injury or illness.

36.2 Consultation

Consultative mechanisms will be established to address occupational health and safety issues. Such

mechanisms will include the election of health and safety representatives who wi ll represent fellow workers in

negotiations on health and safety matters. A Health and Safety Committee will be established to provide a

forum for consultation on all health and safety matters.

36.3 Training

The union, employees and AustralianSuper will agree on a workplace based OH&S t raining program designed to

suit the needs of the Fund and its employees.

36.4 Occupational health and safety program

36.4.1 Australian5uper will establish procedures for collecting information on the nature of hazards and

incidence of injury which includes an internal system for reporting, recording and investigation of

incidents, injuries and illness and the routine analysis of injury, illness and incident data.

36.4.2

36.4.3

Regular workplace inspections will be carried out by the health and safety representatives.

AustralianSuper will take prompt action to deal with any health and safety problems.

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37. Consultation

37.1 If AustralianSuper decides to introduce major changes to organisation structure, technology or the ordinary hours

of work of colleagues and the change is likely to have a significant effect on its employees, the Fund will notify and

consult with the FSU and any employees who will be affected by the decision.

37.2 A major change that is likely to have a significant effect on employees includes:

• The termination of the employment of employees; or

• Major change to the composition, operation or size of AustralianSuper's workforce or to the skills required

of employees; or

• The elimination or diminution of job opportunities including opportunities for promotion or tenure; or

• The alteration of hours of work; or

• The need to retrain or transfer employees; or

• The need to relocate employees to another workplace; or

• The restructuring of jobs; or

• Changes to the legal or operational structure of AustralianSuper.

37.3 As soon as practicable after the decision to consult is made:

• the People & Culture Business Partner and the relevant Senior Leader and/or the Group Executive will brief

the FSU and relevant FSU delegate(s).

• the People & Culture Business Partner and the relevant Senior Leader and/or the Group Executive will

discuss and seek the views of impacted employees on the substance of the change and any effect(s) the

change is likely to have on them. AustralianSuper will discuss measures to avert or mitigate the adverse

effect of the change on impacted employees. The affected employees may appoint a representative for the

purposes of the procedures. Should an employee or number of employees appoint a representative for the

purposes of consultation, the impacted employees must advise AustralianSuper of the identity of the

representative and AustralianSuper must recognise the representative.

37.4 For the purposes of these discussions, AustralianSuper will provide the FSU and the impacted employees in writing

all relevant information about the change, information about the expected effects of the change on impacted

employees as well as any other matters likely to affect them, including, if relevant, by providing the FSU and

impacted employees with any information about any proposed organisational restructure ("Commencement of

Consultation").

37.S AustralianSuper is not required to disclose confidential or commercially sensitive information to employees or the

FSU. A representative from AustralianSuper's Employee Assistance Program will be present at the Commencement

of Consultation.

37.6 Employees will have a period of no less than 5 and up to 10 working days depending on the scale of the proposed

change in which to raise any matters.

37.7 AustralianSuper will give prompt and genuine consideration to any matters raised about the substance of the

proposed change or its potential impacts prior to making any final decision about the change.

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37.8 AustralianSuper will endeavour to respond to any matters raised within two business days of receipt of the matters.

If no matters are raised by impacted employees, AustralianSuper may proceed to implement the change.

37.9 Prior to making any final decision to make any positions redundant, AustralianSuper commits to actively pursue any

redeployment or retraining opportunities for impacted employees. If AustralianSuper makes a final decision to

make any positions redundant, impacted employees will be entitled to access outplacement services post their

employment with the Fund.

38 Individual Flexibility Arrangements

38.1 AustralianSuper and an employee covered by this Agreement may agree to make an individual flexibility

arrangement to vary the effect of terms of this agreement if:

• the individual flexibility arrangement deals with one or more of the following:

arrangements about when work is performed

leave loading

• the arrangement meets the genuine needs of AustralianSuper and the employee in relation to any of the

above matters addressed by the individual flexibility arrangement

• the arrangement is genuinely agreed to by both AustralianSuper and the employee

• result in employee being better off overall than they would be if no arrangement was made.

38.2 Where an employee covered by this Agreement requests an individual flexibility arrangement, AustralianSuper will

make all reasonable attempts to accommodate the request.

38.3 Austral ianSuper must ensure that the terms of the individual flexibility arrangement:

• are about permitted matters under Section 172 of the Fair Work Act 2009; and

• are not unlawful terms under Section 194 of the Fair Work Act 2009.

38.4 AustralianSuper must ensure that the individual flexibility arrangement:

• is in writing; and

includes the name of the employer and employee;

is signed by AustralianSuper and the employee;

includes details of the terms of the Agreement that will be varied by the arrangement, how the

arrangement will vary the effect of the terms and how the employee will be better off overall in

relation to the terms and conditions of their employment as a result of the arrangement;

states the day on which the arrangement commences.

38.5 AustralianSuper must give the employee a copy of the individual flexibility arrangement within 7 days after it is

agreed to.

38.6 Either party may terminate the individual flexibility arrangement by giving no more than 4 weeks' written notice to

the other party to the arrangement, or if the parties agree in writing at any time.

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39 Union Rights

39.1 Rights of entry or access

An official of the FSU may enter AustralianSuper premises, at any time, for any purpose connected to the exercise

of their duties, including:

• consultation with persons covered by the Agreement about their rights and obligations under the

Agreement;

• consultation with persons covered by the Agreement about the operation of the Agreement;

• to deal with disputes arising under the Agreement;

• consultation with employees about the negotiation of a replacement Agreement;

• to participate in induction meetings for new AustralianSuper employees; and

• for any other purpose connected to the work of the employees covered by this Agreement, or the

relationship between the FSU and AustralianSuper.

However, nothing in this clause provides the FSU with a right to enter premises contrary to Section 194(f) or (g) of

the Fair Work Act 2009.

39.2 FSU workplace representatives

To facilitate a consultative and co-operative approach to workplace relations, employees who have been duly

appointed as FSU workplace representatives by the FSU Local Executive Secretary will be allowed reasonable and

sufficient time and reasonable facilities during working hours to enable them to attend to their duties as workplace

representative, including:

• representing members in enterprise bargaining;

• representing the interests of members to the employer and industrial tribunals;

• consulting with union members and other employees concerning enterprise agreement negotiations;

• participating in the operation of the union;

• attending union education; and

• addressing new employees about the benefits of union membership at the time that they enter

employment.

39.3 Trade union train ing leave

39.3.1 FSU workplace representatives, with approval of the union and upon application in writing, will be

granted up to 5 days' paid leave each calendar year, non-cumulative, to attend trade union training and

to attend courses conducted by an approved training provider that are designed to provide skills and

competencies that will assist the delegate or workplace representative to contribute to the prompt

resolution of disputes and/or grievances in the workplace.

39.3.2

39.3.3

39.3.4

39.3.S

The application to AustralianSuper must be in writing, include the nature, content and duration of the

course to be attended, and normally provide 14 days' notice of the proposed training.

The granting of leave pursuant to this clause will be subject to AustralianSuper being able to make

adequate arrangements amongst current employees during the period of such leave. AustralianSuper

will not use this subclause to avoid an obligation under this clause.

Leave of absence granted pursuant to this clause will count as service for all purposes of this

Agreement.

Each employee on leave approved in accordance with this clause, will be paid all ordinary time

earnings. For the purpose of this sub-clause "ordinary time earnings" for an employee means the

classification rate and superannuation which otherwise would have been payable.

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39.3.6

39.3.7

39.3.8

39.3.9

All expenses (such as travel, accommodation and meals) associated with or incurred by the employee

attending a training course as provided in this clause are the responsibility of the employee or the

union.

Employees may be required to satisfy AustralianSuper of attendance at the course to qual ify for

payment of leave.

Employees granted leave pursuant to this clause are required, upon request, to inform AustralianSuper

of the nature of the course attended and their observations on it.

In the event of a disagreement arising from the outcome of this clause, the matter may be settled using

the dispute settlement procedures of the Agreement.

39.4 Industrial leave

39.4.1

39.4.2

39.4.3

39.4.4

39.4.5

Where an FSU member holds an honorary official position in the FSU, Austral ianSuper understands that

there may be additional duties which may include attendance at FSU Conferences, Enterprise Council or

Executive Committee meetings. Reasonable additional leave will be made available for anyone who

holds an honorary official position provided it can be accommodated by AustralianSuper taking into

account the number of honorary officials employed relative to the size of the workforce in the relevant

state.

The FSU will provide written notification if any FSU member holds an honorary position and the extent

of time required to carry out their duties.

Leave of absence granted pursuant to this clause counts as service for all purposes of this Agreement.

Employees on leave approved in accordance with this clause, will be paid all ordinary time earnings.

For the purpose of this sub-clause "ordinary time earnings" for an employee means the classification

rate and superannuation which otherwise would have been payable.

39.5 Participation in Agreement and Award processes

No employee will suffer any form of disadvantage or discrimination because they exercised any rights contained in,

or participated in any part of the processes set out in the Award or this Enterprise Agreement.

40. Joint Consultati\ e Group

40.1 There will be a joint consultative group convened on an ongoing basis between the FSU and AustralianSuper. The

JCG will comprise of 3 persons nominated by the FSU and 3 persons nominated by AustralianSuper. The initial period

of appointment to the JCG will be 12 months following which the committee may be renewed. The JCG will meet on

a quarterly basis.

40.2 The JCG will be a forum for the exchange of information at a high level regarding the broad strategy of AustralianSuper

and to provide an opportunity for both AustralianSuper and the FSU to provide feedback and engage in discussions

about issues arising within the workplace.

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41 Sigrwloties

Dated this S-1'\,.._. day of December 2019.

Signed for and on behalf of AustralianSuper Pty Ltd

MICHELE GLOVER

Group Executive, People & Culture

AustrallanSuper Pty Ltd

Level 26, 50 Lonsdale Street, Melbourne VIC 3000

Dated this day of December 2019.

Signed for and on behalf of the Finance Sector Union of Australia.

Finance Sector Union of Australia

Level 2, 321 Pitt Street, Sydney NSW 2000

1-hJT\-IC)~l~E.~ <J IJt)f.t\. 9.ul_€ 4<\ oF "THe. Fs0'.i" RvLe~ ,o s1Gk) l N'i)0~11\\/>iL />r-G--R €.E ME. N'i':::.

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