Commonwealth Bank of Australia
(ASX:CBA) is on track for record full-year profit and employees want their share of the spoils, according to media reports.
Negotiations over CBA's enterprise agreement with staff will reportedly begin today, with employees set to campaign for pay rises after a cap of 3.5 per cent was put on the request in 2012.
The Finance Sector Union says it was disappointed with the decision, given the record profit and is expecting to catch up on lost ground this year.
The union says pay should reward CBA workers who have made it the number one bank in terms of profitability and customer satisfaction levels.
CBA generated a net profit of $3.7 billion in the first half of the 2013 financial year.
