If you are an employee or interested in the banking industry in Malaysia, you may have heard of the Maybank collective agreement 2018. This agreement was signed between the Maybank Group and the Maybank Employees Union (MEU) on August 31, 2018, and covers a range of employment conditions and benefits for Maybank employees who are members of the union.

One of the key areas covered by the Maybank collective agreement 2018 is salary and benefits. Under the agreement, Maybank employees who are members of the MEU are guaranteed a minimum salary increase of 5% per annum, as well as annual bonuses based on the bank`s performance. The agreement also provides for various other benefits, including medical and dental benefits, housing loans, and education loans.

Another important aspect of the Maybank collective agreement 2018 is job security. The agreement includes provisions for job security, which means that Maybank employees who are members of the MEU will not be retrenched or dismissed without just cause. The agreement also provides for fair and transparent performance evaluation and promotion processes.

In addition to these employment conditions and benefits, the Maybank collective agreement 2018 covers a range of other areas, including working hours, leave entitlements, and dispute resolution mechanisms. The agreement also provides for regular meetings between the Maybank Group and the MEU to discuss matters related to the agreement and to ensure ongoing compliance.

As a professional, it is important to note that the Maybank collective agreement 2018 may be of interest to those searching for information on employment conditions and benefits in the banking industry in Malaysia. By including relevant keywords in the article, such as “Maybank,” “collective agreement,” and “employee benefits,” the article is more likely to appear in search engine results when users search for information on these topics.

Overall, the Maybank collective agreement 2018 is an important agreement that provides for fair and equitable employment conditions and benefits for Maybank employees who are members of the MEU. If you are a Maybank employee, or interested in the banking industry in Malaysia, it is worth familiarizing yourself with the key provisions of the agreement.