Particle.news

Download on the App Store

ANZ Warns Staff Pay Will Be Hit for Missing 50% Office Target

A confirmed internal memo details attendance thresholds alongside a monitoring tool for managers to enforce the hybrid policy.

Overview

  • Managers received a Thursday email with staff attendance records from October to July 31 and instructions to enforce the 50% in-office requirement, including reprimands for shortfalls.
  • Employees attending the office less than 20% of the time will be ineligible for salary increases unless granted an exemption.
  • Those with attendance between 21% and 40% could have their variable pay reduced by up to 50%, subject to seniority and exemptions.
  • Staff logging 41% to 49% face no automatic penalty but must be reviewed by their manager to assess why the target was missed.
  • ANZ confirmed the memo and the use of an attendance-tracking tool, aligning with wider RTO crackdowns by major employers, and separately apologized for an internal redundancy email error.