ANZ changed how they financially reward, recognise and manage performance. The change came as a result of employees request for more pay certainty, clarity and simplicity. ANZ has simplified how they pay their people, emphasising group performance and a shift to more fixed pay. ANZ now has over 80% of employees receiving more than 95% of their pay as salary. The change gave employees financial certainty during a COVID-impacted 2020 and has given ANZ the highest ‘compensation and benefits’ employee rating amongst the big four banks.
2021 Best Places to Work Winners
Introducing the 2021 AFR BOSS Best Places to Work list and special award winners!
Awards and Accolades:
- 2021 Best Place to Work - Banking, Superannuation and Financial Services