BANK OFFICIALS
NEW AUSTRALIAN AWARD INCREASES IN SALARIES (Received September 30. 10.25 p.m.) MELBOURNE, Sept. 30 Increased pay is provided for 4000 bank officials in Victoria and Tasmania in a new afrard issued by the Arbitration Court, The award does not apply to the Bank of New South Wales, which is under a separate agreement, or the Bank of New Zealand, which is already paying above the award rates. The new salaries range from £SO for the first year—an increase of £6 12s a year—to £412 in the 18th year —an increase of £l4 8s a year. Branch managers are included in the award for the first time. Their salaries at branches of less than six hands, excluding agencies, are to be: —First year, £415, third year, £435. At. branches of six or more hands: —First year, £500; third year, £530. . Minimum rates for clerks are:—Aged 21 years, £200; aged 28 years, £325. Officers away from their homes are to receive a minimum of £135,
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New Zealand Herald, Volume LXXV, Issue 23157, 1 October 1938, Page 16
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165BANK OFFICIALS New Zealand Herald, Volume LXXV, Issue 23157, 1 October 1938, Page 16
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