A new Enterprise Bargaining Agreement for AGL Loy Yang, recommended by the Fair Work Commission (FWC), will be put to a secret ballot of employees next month.
AGL Loy Yang General Manager, Steve Rieniets, today said employees will vote on whether to accept the FWC’s recommendation, following more than a year of tough negotiations between AGL Loy Yang and unions.
“Although the Agreement recommended by the Commission does not contain all of the productivity improvements the company was seeking, it is a solution that would bring benefits to both sides and allow everyone to move on,” said Mr Rieniets.
“AGL Loy Yang accepts the Commission’s independent recommendation because it will bring certainty and stability for our employees and our company. We will encourage our people to recognise this and vote ‘yes’.
“The Commission’s recommendation includes a pay increase of five percent for each year of the four-year Agreement, no change to superannuation entitlements, no forced redundancies and no change to long service leave provisions,” Mr Rieniets said.
The secret ballot, to be conducted on-site by an independent provider, will commence at 12.00pm on Thursday 15th September and conclude at 4.00pm on Wednesday 21 September.
Mr Rieniets said a majority ‘yes’ vote would see the proposed Agreement come into effect following approval by the FWC.
“A ‘yes’ vote will deliver significant pay increases over the life of the EBA and deliver certainty to our people and our operation at a time of massive change in our industry,” he said.
Employees will also be encouraged to attend information sessions at AGL Loy Yang in the lead-up to the secret ballot.
AGL is one of Australia’s leading integrated energy companies. It is taking action to responsibly reduce its greenhouse gas emissions while providing secure and affordable energy to its customers. Drawing on over 175 years of experience, AGL serves its customers throughout eastern Australia with meeting their energy requirements, including gas, electricity, solar PV and related products and services. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, solar, landfill gas and biomass.