About Us
The Insurance and Banking Staff Association (IBSA) represents and defends its members in the banking and insurance sectors regarding fundamental issues within the workplace such as a decent living salary, gender inequality, retrenchment, restructuring, unfair labour practices, grievance procedures, disciplinary hearings, performance processes, CCMA and Labour Court cases.
Strategic
IBSA is a founding affiliate of the Federation of Unions of South Africa (FEDUSA) who represents IBSA at the National Economic Development and Labour Council (NEDLAC) where leadership of government, labour, business as well as community meet to discuss issues affecting the Insurance and Banking sector. FEDUSA is an essential voice of IBSA in the Public Finance and Monetary Chamber.
Our Purpose
The purpose of forming a Trade Union was to ensure employee rights in the workplace, to improve the working conditions and living standard of employees in the financial services sector.
Why Join IBSA?
Joining IBSA is a good idea in the same way that Short Term Insurance on your house, car, or anything you value are good ideas. After all, you don’t insure things because you know exactly when they break or get damaged, you insure things of value because there is a possibility that they may and you need to protect yourself from financial loss in the event of that happening. IBSA provides similar protection should things go wrong in the workplace, or risk doing so.
IBSA Track Record
IBSA has successfully improved the terms and conditions of employment for its members over a number of years, underpinning the cordial relationship and mutual respect between employees and employers. This is our unique approach to ensure that as an IBSA member you enjoy protection of your benefits and services and in turn, employers build a staff complement of committed, happy employees.
Employers where our members are based include:
