In a release issued by Holden, the carmaker explained it is yet to sign off on a deal which could see workers receive an 18 per cent pay increase over the next three years.
The Enterprise Bargaining Agreement (EBA) which covers engineering and manufacturing employees have not been signed and coverage it received over the past few days are misleading, and takes a very “one-sided view of negotiations.”
News emerged a few days ago that Holden proposed a three-pronged pay raise agreement as part of a long-term vision that extended beyond 2020, flying in the face of recent speculation about the decline in the local automotive industry.
Under the proposed pay deal, employees will benefit from annual percentage increases, one-off payments, and potentially, further increases depending on the company’s performance, designed to recognise the hardship that Holden employees endured through global financial crisis.
While The Australian Manufacturing Workers Union (AMWU) has confirmed the pending agreement, Holden clarified its position, saying it is not in a place to comment on the EBAs until they are ratified, which is expected in the coming weeks.
“We don’t negotiate through the media, and our guiding principle is always to talk to our people first.”
The company further added that it will share the accurate details once they are finalised, but they are “vastly different to the way it was represented”.
But fret not Holden employees, the management is reassuring that they’ve created a pay structure that rewards all employees to recognize their efficiency and quality services.