{"id":991,"date":"2023-10-25T17:56:43","date_gmt":"2023-10-25T04:56:43","guid":{"rendered":"https:\/\/www.workstem.com\/au\/blog\/auto-draft\/"},"modified":"2023-10-25T23:09:47","modified_gmt":"2023-10-25T10:09:47","slug":"banking-finance-and-insurance-award-guide","status":"publish","type":"post","link":"https:\/\/www.workstem.com\/au\/blog\/banking-finance-and-insurance-award-guide\/","title":{"rendered":"Banking, Finance and Insurance Award Guide[MA000019]"},"content":{"rendered":"<div class='post-index' id='post-index'><a href='###' id='post-index-close'><i class='fa fa-list'><\/i><\/a>\r\n\t\t\t\t<h3 class='post-index-title'>Table of content<\/h3>\r\n\t\t\t\t<div class='post-index-inner' id='post-index-inner'>\r\n\t\t\t\t<ol class='post-index-list'><li class=\"post-index-item\" data-tt=\"title-idx-0\" ><a href=\"###\"title=\"What is the Banking, Finance and Insurance Award?\">What is the Banking, Finance and Insurance Award?<\/a><\/li><li class=\"post-index-item\" data-tt=\"title-idx-1\" ><a href=\"###\"title=\"Who is entitled to the Banking, Finance and Insurance Award?\">Who is entitled to the Banking, Finance and Insurance Award?<\/a><\/li><li class=\"post-index-item\" data-tt=\"title-idx-2\" ><a href=\"###\"title=\"How is the shiftwork arranged in the Banking, Finance and Insurance Award ?\">How is the shiftwork arranged in the Banking, Finance and Insurance Award ?<\/a><\/li><li class=\"post-index-item\" data-tt=\"title-idx-3\" ><a href=\"###\"title=\"How are wages and allowances calculated in the Banking, Finance and Insurance Award?\">How are wages and allowances calculated in the Banking, Finance and Insurance Award?<\/a><\/li><li class=\"post-index-item\" data-tt=\"title-idx-4\" ><a href=\"###\"title=\"How is the leave managed in the Banking, Finance and Insurance Award?\">How is the leave managed in the Banking, Finance and Insurance Award?<\/a><\/li><li class=\"post-index-item\" data-tt=\"title-idx-5\" ><a href=\"###\"title=\"How can Workstem assist you?\">How can Workstem assist you?<\/a><\/li><\/ol>\r\n\t\t\t<\/div><\/div>\r\n\t\t\t<script>\r\n\t\t\t$(function(){\r\n\t\t\t\tvar contIdxHeight = $('#post-index-inner').height()+20;\r\n\t\t\t\t$('#post-index-inner').css('height',contIdxHeight+'px');\r\n\t\t\t\t$('#post-index-close').on('click',function(){\r\n\t\t\t\t\tif($('#post-index-inner').height()>20) {\r\n\t\t\t\t\t\t$('#post-index-inner').css('height',0);\r\n\t\t\t\t\t\t$('#post-index-inner').css('padding-top',0);\r\n\t\t\t\t\t} else {\r\n\t\t\t\t\t\t$('#post-index-inner').css('height',contIdxHeight+'px');\r\n\t\t\t\t\t\t$('#post-index-inner').css('padding-top','20px');\r\n\t\t\t\t\t}\r\n\t\t\t\t});\r\n\t\t\t\t$('.post-index-item').on('click',function(){\r\n\t\t\t\t\tvar tt=$(this).data('tt');\r\n\t\t\t\t\tscrollPosition(document.getElementById(tt));\r\n\t\t\t\t});\r\n\t\t\t});\t\r\n\t\t\t<\/script><div class='post-content-full'><p>This article provides guidelines on the Australian Banking, Finance and Insurance Award package. For more information on this award, please refer to the <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/library.fairwork.gov.au\/award\/?krn=MA000019\" target=\"_blank\" rel=\"noopener\">Banking, Finance and Insurance Award [MA000019]<\/a><\/span>.<\/p>\n<h2 id=\"title-idx-0\" class=\"icon-anchor\">What is the Banking, Finance and Insurance Award?<\/h2>\n<p>The Banking, Finance and Insurance Award is a specific industrial award that applies to employers and employees within the banking, finance, and insurance industry in Australia.<\/p>\n<p>This award sets out the minimum employment standards, entitlements, and conditions for employees within this sector. It covers various classifications of employees, including those involved in banking, lending, and other related activities within the industry.<\/p>\n<p>The award ensures that employers and employees comply with the established regulations and provides a framework for fair and consistent employment practices in the banking, finance, and insurance sector.<\/p>\n<h2 id=\"title-idx-1\" class=\"icon-anchor\">Who is entitled to the Banking, Finance and Insurance Award?<\/h2>\n<h3>Coverage<\/h3>\n<p>The Banking, Finance and Insurance Award [MA000019] covers employers and employees in the banking, finance, and insurance industry who fall within the classifications outlined in the award. This includes a wide range of occupations and services related to banking, lending, credit provision, investment services, finance, superannuation, insurance, credit unions, building societies, financial intermediaries, trustee creditors and agencies, money market dealers, credit or charge card institutions, wool broking, and agribusiness.<\/p>\n<p>Additionally, the award extends its coverage to services provided to the aforementioned industries, such as:<\/p>\n<ul>\n<li aria-level=\"1\">broking<\/li>\n<li aria-level=\"1\">trading<\/li>\n<li aria-level=\"1\">debt recovery<\/li>\n<li aria-level=\"1\">financial consulting<\/li>\n<li aria-level=\"1\">valuation<\/li>\n<li aria-level=\"1\">money changing<\/li>\n<li aria-level=\"1\">data processing<\/li>\n<li aria-level=\"1\">transaction accounts<\/li>\n<li aria-level=\"1\">telephone enquiries and<\/li>\n<li aria-level=\"1\">transaction processing.<\/li>\n<\/ul>\n<p>The Banking, Finance and Insurance Award also encompasses labour hire businesses and their employees who are placed with an organisation operating in the banking, finance, and insurance industry.<\/p>\n<h3>Types of employment<\/h3>\n<p>An employee covered by this award must be one of the following:<\/p>\n<ul>\n<li aria-level=\"1\">A full-time employee who is engaged to work an average of 38 ordinary hours per week.<\/li>\n<li aria-level=\"1\">A part-time employee who is engaged to work fewer than 38 ordinary hours per week is entitled to receive pay and conditions equivalent to those of full-time employees performing the same kind of work, calculated on a pro rata basis.<\/li>\n<li aria-level=\"1\">A casual employee who is engaged to work has flexible and irregular hours of work as required by the employer.<\/li>\n<\/ul>\n<h3>The Award does not generally cover<\/h3>\n<p>The Banking, Finance and Insurance Award does not cover accountants employed by accountancy firms.<\/p>\n<p>Additionally, it does not cover employers and employees who are already covered by the Contract Call Centres Award.<\/p>\n<p><em>*For more details on coverage and classification descriptions, please refer to <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/library.fairwork.gov.au\/award\/?krn=MA000019\" target=\"_blank\" rel=\"noopener\">Banking, Finance and Insurance Award 2010 [MA000019] clauses 2, 4 and schedule A<\/a><\/span>.<\/em><\/p>\n<h2 id=\"title-idx-2\" class=\"icon-anchor\">How is the shiftwork arranged in the Banking, Finance and Insurance Award ?<\/h2>\n<h3>Hours of Work<\/h3>\n<p>Ordinary hours are worked between 7.00 am to 7.00 pm Monday to Friday, and 8.00 am to 12 noon Saturday, with the possibility of extending the span of ordinary hours until 9.00 pm on one specified night per week from Monday to Friday, as determined by the employer.<\/p>\n<p>The ordinary hours of work, excluding meal breaks, will amount to an average of 38 hours per week. These hours can be allocated based on the following work cycle options:<\/p>\n<ul>\n<li aria-level=\"1\">38 hours within a one-week work cycle.<\/li>\n<li aria-level=\"1\">76 hours within a two-week work cycle.<\/li>\n<li aria-level=\"1\">114 hours within a three-week work cycle.<\/li>\n<li aria-level=\"1\">152 hours within a four-week work cycle.<\/li>\n<\/ul>\n<p>The term &#8220;week&#8221; refers to any continuous period of five consecutive days, which can be either Monday to Friday or Monday to Saturday, including half a day on Saturday.<\/p>\n<h3>Breaks<\/h3>\n<table>\n<tbody>\n<tr>\n<td><strong>Meal Breaks<\/strong><\/td>\n<td>\n<ul>\n<li aria-level=\"1\">Meal breaks will be no less than 30 minutes, as determined by the employer.<\/li>\n<li aria-level=\"1\">An employee will not be required to work more than 5 hours without a meal break. If the daily hours to be worked are 6 hours or less, the employee may choose to work the 6 hours without a meal break by agreement with the employer.<\/li>\n<li aria-level=\"1\">In emergency situations, a meal break may be postponed by mutual agreement between the employer and the employee.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><strong> Unpaid rest breaks<\/strong><\/td>\n<td>\n<ul>\n<li aria-level=\"1\">Employees are entitled to rest breaks during the workday, which will be determined through mutual agreement between the employer and employee.<\/li>\n<li aria-level=\"1\">If no agreement is reached, the employer will determine the rest break.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"title-idx-3\" class=\"icon-anchor\">How are wages and allowances calculated in the Banking, Finance and Insurance Award?<\/h2>\n<h3>Minimum rates<\/h3>\n<table>\n<tbody>\n<tr>\n<td colspan=\"4\">\n<h4 style=\"text-align: center;\">\u00a0<strong> Adult employees<\/strong><\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Employee classification<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\"><strong>Minimum annual rate<\/strong><\/p>\n<p><strong>(full-time employees)<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>Minimum weekly rate<\/strong><\/p>\n<p><strong>(full-time employees)<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>Minimum hourly rate<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><strong>\u00a0<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>$<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>$<\/strong><\/td>\n<td>\n<p style=\"text-align: center;\"><strong>$<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\">Level 1<\/p>\n<\/td>\n<td style=\"text-align: center;\">47,367<\/td>\n<td style=\"text-align: center;\">910.90<\/td>\n<td>\n<p style=\"text-align: center;\">23.97<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\">Level 2<\/p>\n<\/td>\n<td style=\"text-align: center;\">51,740<\/td>\n<td style=\"text-align: center;\">995.00<\/td>\n<td style=\"text-align: center;\">26.18<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\">Level 3<\/p>\n<\/td>\n<td style=\"text-align: center;\">54,647<\/td>\n<td style=\"text-align: center;\">1050.90<\/td>\n<td style=\"text-align: center;\">27.66<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\">Level 4<\/p>\n<\/td>\n<td style=\"text-align: center;\">57,387<\/td>\n<td style=\"text-align: center;\">1103.60<\/td>\n<td>\n<p style=\"text-align: center;\">29.04<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Level 5<\/td>\n<td style=\"text-align: center;\">59,717<\/td>\n<td style=\"text-align: center;\">1148.40<\/td>\n<td>\n<p style=\"text-align: center;\">30.22<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Level 6<\/td>\n<td style=\"text-align: center;\">66,888<\/td>\n<td style=\"text-align: center;\">1286.30<\/td>\n<td>\n<p style=\"text-align: center;\">33.85<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr>\n<td colspan=\"2\">\n<h4 style=\"text-align: center;\"><strong>Junior employees<\/strong><\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Age<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\"><strong>Percentage of adult rate %<\/strong><\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\">16 years or less<\/p>\n<\/td>\n<td style=\"text-align: center;\">50<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">At 17 years<\/td>\n<td>\n<p style=\"text-align: center;\">60<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">At 18 years<\/td>\n<td>\n<p style=\"text-align: center;\">70<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">At 19 years<\/td>\n<td>\n<p style=\"text-align: center;\">80<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">At 20 years<\/td>\n<td>\n<p style=\"text-align: center;\">90<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Overtime rates<\/h3>\n<p>The table below outlines the penalty rates that employees are paid for all work done in addition to their rostered ordinary hours on different days:<\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"2\">\n<p style=\"text-align: center;\">\n<\/td>\n<td style=\"text-align: center;\"><strong>Full-time and part-time employees(% of minimum hourly rate)<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>Casual employees(% of minimum hourly rate)<\/strong><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\">\n<p style=\"text-align: center;\"><strong>Monday \u2013 Saturday outside ordinary hours of work\u00a0<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\">First 3 hours<\/td>\n<td style=\"text-align: center;\">150%<\/td>\n<td style=\"text-align: center;\">175%<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\">After 3 hours<\/p>\n<\/td>\n<td style=\"text-align: center;\">200%<\/td>\n<td>\n<p style=\"text-align: center;\">225%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" colspan=\"2\"><strong>Saturday &#8211; outside employee\u2019s weekly hours<\/strong><\/td>\n<td style=\"text-align: center;\">200%<\/td>\n<td>\n<p style=\"text-align: center;\">225%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" colspan=\"2\"><strong>Sunday<\/strong><\/td>\n<td style=\"text-align: center;\">200%<\/td>\n<td>\n<p style=\"text-align: center;\">225%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Penalty Rates<\/h3>\n<table>\n<tbody>\n<tr>\n<td style=\"text-align: center;\" colspan=\"3\"><\/td>\n<td>\n<p style=\"text-align: center;\"><strong>% of minimum hourly rate<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\">\n<p style=\"text-align: center;\"><strong>Public holiday or a substituted day or part-day<\/strong><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\">250%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"3\">\n<p style=\"text-align: center;\"><strong>Shiftwork<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\" colspan=\"2\">\u00a0Early morning shift<\/td>\n<td style=\"text-align: center;\">112.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" colspan=\"2\">Afternoon shift1<\/td>\n<td>\n<p style=\"text-align: center;\">120%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\" colspan=\"2\">Night shift1<\/td>\n<td>\n<p style=\"text-align: center;\">125%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>\u00a0Allowance<\/h3>\n<p>The Banking, Finance and Insurance Award offers the following allowances:<\/p>\n<table>\n<tbody>\n<tr>\n<td style=\"text-align: center;\">Allowance<\/td>\n<td style=\"text-align: center;\">Description<\/td>\n<td>\n<p style=\"text-align: center;\">Amount (per week\/day)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>First Aid Allowance<\/strong><\/p>\n<\/td>\n<td>Paid to employees appointed as first aid officers as required by legislation<\/td>\n<td>\n<ul>\n<li aria-level=\"1\">$18.31 (full-time)<\/li>\n<li aria-level=\"1\">Pro rata amount (part-time)<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Stand-by and Call-back<\/strong><\/p>\n<\/td>\n<td>Stand-by payment for employees available by roster outside ordinary working hours<\/td>\n<td>\n<ul>\n<li aria-level=\"1\">$21.09 (Mon-Fri)<\/li>\n<li aria-level=\"1\">$43.08 (Sat, Sun, public holidays)<\/li>\n<li aria-level=\"1\">Minimum payment of 2 hours for employees recalled to work<\/li>\n<li aria-level=\"1\">Duration of call-out includes travel time<\/li>\n<li aria-level=\"1\">Car allowance for employees using their own car<\/li>\n<li aria-level=\"1\">Fare reimbursement for employees using public transport or taxi<\/li>\n<li aria-level=\"1\">Business call reimbursement for employees on stand-by duty<\/li>\n<li aria-level=\"1\">Overtime payment for employees recalled without being rostered<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Higher Duties Allowance<\/strong><\/p>\n<\/td>\n<td>Paid when an employee temporarily performs a higher-level job for more than 4 consecutive days<\/td>\n<td>At least minimum salary prescribed for higher job level<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Meal Allowance<\/strong><\/p>\n<\/td>\n<td>Paid when employee works overtime beyond 6:00 pm<\/td>\n<td>\n<ul>\n<li aria-level=\"1\">$19.45 (overtime &gt; 1.5 hours)<\/li>\n<li aria-level=\"1\">Additional $15.99 (overtime &gt; 5.5 hours)<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Travelling Expenses<\/strong><\/p>\n<\/td>\n<td>\n<ul>\n<li aria-level=\"1\">Reimbursement of reasonable expenses incurred by employees travelling away from their usual place of employment<\/li>\n<li aria-level=\"1\">Payment at half the ordinary rate for travel time exceeding normal travel time between home and work<\/li>\n<li aria-level=\"1\">No extra payment if employee is already being paid overtime for travel time<\/li>\n<\/ul>\n<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Motor Vehicle Allowance<\/strong><\/p>\n<\/td>\n<td>Paid to employees required to provide a motor vehicle for their employment<\/td>\n<td>\n<ul>\n<li aria-level=\"1\">$124.53 (vehicle 1500cc and under)<\/li>\n<li aria-level=\"1\">$153.62 (vehicle over 1500cc)<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Casual\/Incidental Use of<\/strong><\/p>\n<\/td>\n<td>Paid to employees using a private motor vehicle on a casual or incidental basis<\/td>\n<td>$0.96 per kilometre travelled<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"title-idx-4\" class=\"icon-anchor\">How is the leave managed in the Banking, Finance and Insurance Award?<\/h2>\n<p>In the Banking, Finance and Insurance Award, leave entitlements for employees are determined by the National Employment Standards (<a href=\"https:\/\/www.fwc.gov.au\/documents\/awards\/resources\/nes.pdf\">NES<\/a>) and the classification of the employee.<\/p>\n<h3>Annual leave<\/h3>\n<p>In the Banking, Finance, and Insurance Award, annual leave is managed according to the <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.fwc.gov.au\/documents\/awards\/resources\/nes.pdf\" target=\"_blank\" rel=\"noopener\">National Employment Standards (NES)<\/a><\/span> and specific provisions in the award.Shiftworkers are entitled to an additional week of annual leave under the NES.<\/p>\n<p>Annual leave loading is paid during the leave period, with specific rates applicable to day work and shiftwork.Day workers receive a loading of 17.5% or the relevant weekend penalty rates, whichever is greater. Shiftworkers receive a loading of 17.5% or the shift loading, whichever is greater.<\/p>\n<h3>Public holidays<\/h3>\n<p>The <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.fwc.gov.au\/documents\/awards\/resources\/nes.pdf\" target=\"_blank\" rel=\"noopener\">National Employment Standards (NES)<\/a><\/span> provide entitlements for public holidays.<\/p>\n<ul>\n<li aria-level=\"1\">According to the NES, all employees are entitled to a paid day off on a public holiday (or unpaid for casual employees), except where reasonably expected to work.<\/li>\n<li aria-level=\"1\">Under the Banking, Finance and Insurance Award, any employee required to work on a public holiday will be paid 150% of the minimum hourly rate applicable to their classification.<\/li>\n<\/ul>\n<h2 id=\"title-idx-5\" class=\"icon-anchor\">How can Workstem assist you?<\/h2>\n<p>Simplify your payroll process and ensure accurate pay rates with Workstem&#8217;s automated <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.workstem.com\/au\/product\/payroll\/\" target=\"_blank\" rel=\"noopener\">payroll system<\/a><\/span>. Our pre-built modern <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.workstem.com\/au\/product\/award-interpretation\/\" target=\"_blank\" rel=\"noopener\">award interpretation software<\/a><\/span> covers 122+ awards and 34 EBAs, and keeps you up-to-date with penalty rates and other award entitlements.<\/p>\n<p>Choose between our <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.workstem.com\/au\/pricing\/\" target=\"_blank\" rel=\"noopener\">Standard and Advanced plans<\/a><\/span>, and enjoy a range of benefits such as Fair Work compliance, an employee self-service App, and customised rule set.<\/p>\n<p>Book a free demo with our payroll experts. Experience the efficiency and accuracy of <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.workstem.com\/au\/\" target=\"_blank\" rel=\"noopener\">Workstem<\/a><\/span> today!<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Table of content What is the Banking, Finance and Insurance Award?Who is entitled to the Banking, Finance and Insurance Award?How is the shiftwork arranged in the Banking, Finance and Insurance Award ?How are wages and allowances calculated in the Banking, Finance and Insurance Award?How is the leave managed in the Banking, Finance and Insurance Award?How&#8230;<\/p>\n","protected":false},"author":2,"featured_media":992,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[41,40,42],"class_list":["post-991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-all","tag-award-interpretation","tag-popular"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Banking, Finance and Insurance Award | Complete Guide | Workstem<\/title>\n<meta name=\"description\" content=\"Stay compliant and competitive in the banking, finance, and insurance industry with our Banking, Finance, and Insurance Award guide. 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