Banks slapped on 'pay gap'
The Finance Sector Union said it has written to employers in the financial services industry calling upon them to remove pay confidentiality clauses in Enterprise Agreements.The union is pushing the measure as part of the FSU's campaign "to end the gender pay gap".?The FSU named Employers that "have agreed to the proposal or who don't have pay confidentiality clauses in their contracts" as including ANZ, AMP, Zurich, Allianz Partners, Clearview Wealth and Endeavour Bank."Others which have refused include: CBA, Westpac, NAB, IAG, QBE, Suncorp and Sydney Credit Union," FSU National Secretary Julia Angrisano said.The FSU estimated the gender pay gap in the financial services industry at 30.3 per cent of total remuneration.