On 4 August 2023, Ms Elise Taylor CPA’s General Manager sent an all staff email providing information concerning the CPA’s remuneration packaging in response to some “queries” the organisation had recently received.
What is not apparent from the 4 August email is that one of those “queries” came from your union, who have raised a number of concerns about the current remuneration packaging arrangements since March 2023, including:
Despite further correspondence being sent to the CPA on 17 May 2023 reiterating our concerns and requesting that the CPA cease making shared benefit deductions until proper authorisation was provided – the CPA did not engage in any discussions with the CPSU NSW concerning the issues raised prior to sending out the all staff email on 4 August 2023.
We note that the 4 August email clarified that employees now have the option to opt out of the remuneration packaging scheme if they wish. Any employee that may wish to do this is encouraged to seek financial advice from an accredited professional.
While the CPA’s position appears to have changed in so far as the mandatory nature of remuneration packaging, the CPSU NSW remains concerned by the shared benefit deduction.
Some members may have been advised that CPA is separately undertaking a review of the remuneration arrangements, however, the CPSU NSW has received no communication from the CPA about this review.
If you have concerns about the shared benefit deduction or any other aspect of the remuneration packaging arrangements, please contact the MSC on 1800 772 679.
