Court backs CBA over redundancy claims
(22 March 2004 – Australia) The Federal Court has found in favour of Commonwealth Bank over a dispute involving former bank employees who moved to outsourcing partner EDS.
The Finance Sector Union (FSU) sued the bank for redundancy pay for employees who voluntarily left CBA when the bank signed a 10 year outsourcing deal with EDS in 1997.
The court found that employees who shifted to EDS were in no way financially disadvantaged and retained terms and conditions that were on a par with what they were receiving with CBA.
They also received a special payment from EDS.
The court found that employees who shifted to EDS were in no way financially disadvantaged and retained terms and conditions that were on a par with what they were receiving with CBA.
They also received a special payment from EDS.