Penalty rates will be cut for Saturday afternoon work at Bendigo and Adelaide Bank under a new enterprise agreement to be voted on by staff next month.Work on Saturdays between 12.30 pm and 4.00 pm will be paid at time and a half instead of double time under the new agreement, which has the support of the Finance Sector Union.Bendigo will increase rates of pay by three per cent in each of December 2015, December 2016 and December 2017, and staff will have access to a one per cent bonus pool. Improvements to sick leave and parental leave are proposed alongside a new category of domestic violence leave.