Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

ANZ receives Living Wage accreditation

06 November 2019

ANZ has become the second bank in New Zealand to receive the Living Wage Employer accreditation.

ANZ has for many years paid its direct employees well above the Living Wage - currently $21.15 an hour.

The accreditation means that 13 organisations specified by the accrediting body who provide ANZ with services such as commercial cleaning, security and concierge, on an ongoing and regular basis will also be paid the Living Wage or above.

Most of these service providers are already paying their staff the Living Wage or above, and the ANZ procurement team is working closely with the remaining service providers to introduce the Living Wage to their staff.

The Living Wage is defined as the income necessary to provide workers and their families with the basic necessities of life.

Living Wage Movement Aotearoa New Zealand Accreditation Co-ordinator, Felicia Scherrer, believes this is a key step in enabling people to participate fully within their communities.

“Paying the Living Wage to working Kiwis enables them to live with dignity and to participate as active citizens in society,” she says.

“As an employer well recognised by Kiwis, we are proud of ANZ taking the initiative to become a leader in the Living Wage Movement. We believe that by making the commitment to become a Living Wage Employer, ANZ will encourage other businesses to step up and pay the Living Wage.”

Gina McJorrow, Senior HR Manager, is thrilled with the bank’s commitment.

“We’re proud to employ thousands of New Zealanders across the country and ensuring we’re paying all our staff at least the Living Wage is one way we can help our communities thrive,” she says.

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

“This accreditation means that all ANZ staff in New Zealand, whether they work directly for ANZ or through a service provider that provides ongoing and regular work for ANZ, will be paid the Living Wage or above.”

Most of these changes will occur in 2021 and ANZ will assess all future contracts to ensure that they are compliant with the accreditation.

The 2019 Living Wage is set independently by the New Zealand Family Care Social Policy Unit. At this time the Living Wage is $21.15 per hour and is reviewed annually in April.

The current minimum wage in New Zealand is $17.70 per hour.

For more information about the Living Wage visit www.livingwage.org.nz.


ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.