IAG Staff Hold 24-Hour Strike Over 90-Day Trial Clause
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Staff at IAG New Zealand, one of the country's largest insurance companies, held a 24-hour strike this week. The walkout came after talks stalled over a proposed 90-day trial clause in employment agreements.
The strike was joined by a small number of staff. According to IAG, the action did not interrupt business at any point. The company said that all services continued as normal, including insurance cover that brokers place through NZI, one of IAG's brands in New Zealand.
A 90-day trial clause allows a new employee's job to be reviewed or ended within the first three months of work. The clause has been a key issue in the discussions between the company and its staff, and the two sides have not yet agreed on it. Talks are still ongoing.
For New Zealand customers and brokers, IAG says that its insurance services are operating normally. The company has not announced any further industrial action, and it is not yet clear whether the negotiations will reach an agreement soon.
Sources: Insurance Business
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