brokers
enterprise bargaining
agreements
An enterprise bargaining agreement (EBA) is between one or more national system employers and their employees.
EBAs generally stipulate the insurance benefits that are to be provided by an employer, whereas Group Personal Accident & Sickness terms and coverage can be stipulated and negotiated with the insurer.
Blend can work with you to understand a client’s enterprise insurance requirements and tailor coverage options for consideration by the parties.
types of enterprise agreements
Enterprise agreements are negotiated by the parties through collective bargaining in good faith, primarily at the enterprise level. Under the Fair Work Act 2009, an enterprise can mean any kind of business, activity, project or undertaking. Under the Fair Work Act 2009, the following new enterprise agreements can be made:
Single-enterprise agreement
A single-enterprise agreement is made between a single employer (or two or more single interest employers) and employees employed at the time the agreement is made, and who will be covered by the agreement.
Multi-enterprise agreement
A multi-enterprise agreement is made between two or more employers (that are not all single interest employers) and employees employed at the time the agreement is made and who will be covered by the agreement.
Greenfields agreement
A greenfields agreement is an enterprise agreement that is made in relation to a new enterprise of the employer or employers before any employees are employed. This can either be a single enterprise agreement or a multi-enterprise agreement. The parties to a greenfields agreement are the employer (or employers in a multi enterprise greenfields agreement) and one or more relevant employee associations (usually a trade union).
How is an EBA made?
The Fair Work Act 2009 provides a simple, flexible and fair framework that assists employers and employees to bargain in good faith to make an enterprise agreement.
Employers, employees and their bargaining representatives are involved in the process of bargaining for a proposed enterprise agreement.
An employer must notify their employees of the right to be represented by a bargaining representative during the bargaining of an enterprise agreement (other than a greenfields agreement) as soon as possible, and not later than 14 days after the notification time for the agreement (usually the start of bargaining). The notification should be given to each current employee who will be covered by the enterprise agreement.
common group personal accident and sickness benefits*
core benefits
Weekly Benefit for Accidental Injury
Provides cover for weekly salary if an insured suffers an accidental injury that within twelve (12) months directly results in them being temporarily disabled and unable to attend their occupation.
There are some terms and conditions that apply and in addition to the general exclusions we will not pay for claims resulting from childbirth or pregnancy apart from any unexpected and unforeseen medical complications or emergencies.
Weekly Benefit for Sickness
Provides cover for weekly Salary if an insured suffers a sickness that directly results in them being temporarily disabled and unable to attend their occupation.
There are some terms and conditions that apply and in addition to the general exclusions we will not pay for claims resulting from childbirth or pregnancy apart from any unexpected and unforeseen medical complications or emergencies.
Lump Sum Benefits
Provides a lump sum payment, when, due to an Accidental Injury, one (1) or more of the specified Events occur within twelve (12) months of the Accidental Injury. See the PDS to review the Events along with corresponding percentage of the lump sum amount payable for each Event.
*This is a general summary only and does not form part of the Policy and cannot be relied on as a full description of the cover provided.
Please refer to the relevant sections of the Policy and Your Policy Schedule for full benefit details and applicable terms, limitations, conditions and exclusions.
