Monadelphous EBA Agreement: What You Need to Know
Monadelphous Group, a leading engineering service provider in Australia, has recently reached a new Enterprise Bargaining Agreement (EBA) with its employees. The EBA agreement was successfully negotiated between Monadelphous and the Australian Workers’ Union (AWU), covering over 2,000 employees across the nation.
What is an EBA?
An EBA is a legally binding agreement between an employer and its employees, outlining the terms and conditions of employment. It is typically negotiated by a trade union or employee representatives and can cover a range of employment matters, including pay rates, working hours, leave entitlements, and other benefits.
The Monadelphous EBA Agreement
The new three-year Monadelphous EBA agreement will come into effect on July 1, 2021, and will cover the period from July 1, 2021, to June 30, 2024. It includes several key provisions that will benefit Monadelphous employees.
Pay Rates
Under the new EBA agreement, Monadelphous employees will receive a 2% pay rise in the first year, followed by a 1.5% pay rise in the second and third years. This means that employees will receive a total pay increase of 5% over the three-year period, helping to keep up with the rising cost of living.
Working Hours
The Monadelphous EBA agreement also sets out working hour arrangements, which aim to ensure a healthy work-life balance for employees. The agreement provides for a standard working week of 38 hours, with an additional rostered day off (RDO) every four weeks.
Leave Entitlements
The new EBA agreement also includes enhanced leave entitlements for Monadelphous employees. This includes additional paid family and domestic violence leave, in line with the National Employment Standards, as well as changes to the operation of rostered days off.
Job Security
The EBA agreement also includes provisions that aim to enhance job security for Monadelphous employees. The company has committed to providing ongoing employment for its permanent employees, while maintaining a reasonable proportion of permanent employees in its workforce.
Conclusion
The Monadelphous EBA agreement is a positive development for the company and its employees. The agreement represents a fair and reasonable outcome for both parties, ensuring that employees are fairly compensated and that they enjoy good working conditions. This agreement also shows the importance of enterprise bargaining as an effective tool for achieving mutually beneficial outcomes for employers and employees.