No....
After full and due consideration I will be voting "NO" for the EBA.
Firstly, EVERYONE didn't get 5%, and was not the whole aim, for all of us to get no less then 5% ?
To add insult to injury, I believe it is mischievous to add in any increase in out pay as a result of Salary Sacrificing Superannuation.
Salary Sacrificing your superannuation gives rise to two issues that are not Qantas' problem, you will become liable for contributions tax (15%) and also you may need to pay tax on withdrawal, depending on your circumstances.
It seems foolhardy to me for Qantas to call this a pay rise when it exposes you to two additional taxes.
Also, as much as I disagree with the 3%, I cannot believe that for one of the periods the association agreed to a 1.5% increase when we got the level.
So, in effect WE DID NOT GET A FULL LEVEL, 1.5% OF YOUR PAY WENT TO PAY FOR YOUR OWN PAY RISE.
Nice try exec, not too bad a deal, but just not quite there.
SpannerTwister
Last edited by SpannerTwister; 12th Aug 2008 at 07:24.