(peɪ əˈwɔːd ) noun. a bonus or increase in pay or salary. Collins English Dictionary.
The Banking, Finance and Insurance Award covers employers in the banking, finance and insurance industry, and their employees who fit within the classifications of the award. The banking, finance and insurance industry means: banking. lending. loaning.
Are accountants covered by the banking finance and insurance award?
Source reference: ,Banking, Finance, and Insurance Award [MA000019] clauses 2, 4 and schedule A Accountants employed by accountancy firms are not covered by the Banking, Finance and Insurance Award
The Banking, Finance and Insurance Award doesn’t cover employers and employees covered by the Contract Call Centres Award
What information is available in the pay guide about awards?
When considering information available in the pay guide about awards you should also have regard to the terms of the relevant award, which can be found through our Awards page
If our information is inconsistent with the award, then the award applies
If you need further assistance you can contact us
Banking and finance award pay guide
Following the Iranian Revolution, Iran's banking system was transformed to be run on an Islamic interest-free basis. As of 2010 there were seven large government-run commercial banks. As of March 2014, Iran's banking assets made up over a third of the estimated total of Islamic banking assets globally. They totaled 17,344 trillion rials, or US$523 billion at the free market exchange rate, using central bank data, according to Reuters.
Lloyds Banking Group is a British financial institution
British financial institution
Lloyds Banking Group is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Bank was founded in 1765 but the wider Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695.
Exchange of money for the privilege to engage in a specific activity
Pay-to-play, sometimes pay-for-play or P2P, is a phrase used for a variety of situations in which money is exchanged for services or the privilege to engage in certain activities. The common denominator of all forms of pay-to-play is that one must pay to get in the game, with the sports analogy frequently arising.
Vanquis Banking Group
British sub-prime lender
Vanquis Banking Group, formerly Provident Financial plc, is a British bank headquartered in Bradford, England which specialises in credit cards, loans and consumer vehicle finance. It primarily services customers with a sub-prime credit history who have been declined for credit from mainstream lenders. It also offers fixed-rate and notice savings accounts under the trading name Vanquis Savings. It is listed on the London Stock Exchange.
Following the Iranian Revolution
Following the Iranian Revolution, Iran's banking system was transformed to be run on an Islamic interest-free basis. As of 2010 there were seven large government-run commercial banks. As of March 2014, Iran's banking assets made up over a third of the estimated total of Islamic banking assets globally. They totaled 17,344 trillion rials, or US$523 billion at the free market exchange rate, using central bank data, according to Reuters.
Lloyds Banking Group is a British financial institution
British financial institution
Lloyds Banking Group is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Bank was founded in 1765 but the wider Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695.
Exchange of money for the privilege to engage in a specific activity
Pay-to-play, sometimes pay-for-play or P2P, is a phrase used for a variety of situations in which money is exchanged for services or the privilege to engage in certain activities. The common denominator of all forms of pay-to-play is that one must pay to get in the game, with the sports analogy frequently arising.
Vanquis Banking Group
British sub-prime lender
Vanquis Banking Group, formerly Provident Financial plc, is a British bank headquartered in Bradford, England which specialises in credit cards, loans and consumer vehicle finance. It primarily services customers with a sub-prime credit history who have been declined for credit from mainstream lenders. It also offers fixed-rate and notice savings accounts under the trading name Vanquis Savings. It is listed on the London Stock Exchange.
