National Australia Group: 3.3% merit budget
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Key details Pay award: merit rises from 3.3% pot Employees covered (nos.): staff and managers, technology staff and wealth management staff (10,000) Effective date: 1 January 2006 |
National Australia Group has awarded its employees all-merit rises from a 3.3% pay pot, effective from 1 January 2006, following negotiations with banking trade union Amicus. Individual pay awards for employees ranged from nil to 9%.
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