...the gossip


Media Release

Billion dollar bank not prepared to give pay increase to all staff

Thursday, 9 August 2007

ANZ National Bank staff across the country are undertaking a day of action today following their rejection last week of the bank's offer in employment negotiations. Bank staff are wearing 'fairness for all' stickers and undertaking other activities to highlight the inadequacy of the bank's offer.

A key reason that staff rejected the offer is that the bank is not prepared to offer the pay increase to all staff.

"ANZ National bank made over one billion dollars from New Zealand last year. The least it can give back is a fair pay increase to all its hard working staff," said Andrew Campbell, Finsec Campaigns Director.

"Most of the staff excluded from the bank's pay offer are some of its longest serving and most loyal workers. This offer demonstrates a lack of appreciation for their commitment to the bank and the continuity of service they have provided to the bank's customers and communities," said Campbell.

"This situation is easily fixed. ANZ National needs to listen to its staff, come back to the negotiating table next week and make a fair offer to all its staff," said Campbell.

ENDS

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