One of Australia’s largest banks has warned its staff that they could be paid lower bonuses unless they spend half of their work hours in the office.
ANZ said in a note sent to more than 40,000 employees this week that in-person office attendance could be a factor in performance and pay reviews for the year ending in June 2024.
“We expect on average that our people globally spend a minimum of 50 per cent of their scheduled work time in the workplace,” said the internal email seen by the Financial Times and sent to workers in Australia, New Zealand, India and the Philippines.
Read More : Australian Bank Threatens Reduced Bonuses Unless Staff Return to Office