<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>ANZ staff have reportedly been threatened with cuts to their salaries if they work from home too often.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The major bank is demanding staff come into the office on at least 50 per cent of their working days.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>ANZ managers were sent an email on Thursday detailing the attendance record of their staff from October last year until July 31 this year, </span><a href="https://www.afr.com/companies/financial-services/anz-s-nuno-matos-puts-pay-on-the-line-in-war-on-working-from-home-20250829-p5mqtb" rel="" target="" title="the Australian Financial Review reports"><span>the Australian Financial Review reports</span></a><span>.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/porepunkah-victoria-police-officer-shooting-people-escorted-from-home/58cb7c8b-9cc2-412b-baf9-94a6619eebe4" rel="" target="" title="Teenage boy, woman arrested by police in Porepunkah investigation"><strong><span>Teenage boy, woman arrested by police in Porepunkah investigation</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The email asks the managers to reprimand their direct reports if they failed to meet the 50 per cent requirement.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Consequences in the form of pay cuts would be based on the staff member's level of non-attendance in the office, the email reportedly said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Staff members with an attendance record of less than 20 per cent will not be eligible for an increase in their salary without a valid exemption from their manager.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/anz-staff-face-pay-cuts-if-they-work-from-home-too-much/f37e099d-f395-46db-8e09-4a6923216701" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Those coming to the office between 21 per cent and 40 per cent of the time could have their "variable pay" cut by up to half, depending on their seniority and unless they have been given an exemption. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Staff only in the office 41 per cent and 49 per cent of their working hours will not face any consequences, but managers have been asked to assess why the employee did not meet the 50 per cent requirement.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>9news.com.au has contacted ANZ for comment.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE: </span></strong><a href="https://www.9news.com.au/national/australia-iran-update-expelled-ambassador-flies-home-after-iran-accused-of-antisemitic-attacks/7c8efd55-6f64-4e81-8b1d-2089f42d8886"><strong><span>PM says expelled ambassador's pledge to keep Aussies safe can't be trusted</span></strong></a><strong><span></span></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The latest ANZ messaging comes in the same week the bank made an embarrassing email blunder, accidentally informing some staff members who were to be made redundant about the process for returning their laptops before they had even been told they were losing their jobs.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Swinburne law and corporate governance expert Helen Bird said the regrettable email bungle needed to be seen in the context of larger restructuring work occurring at the bank, under the direction of new CEO Nuno Matos, who stepped into the role in July. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Every new CEO wants to put their stamp on a business.  It is not uncommon for changes to occur in the C-Suite &amp; higher management in consequence of that," she said. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"However, these events illustrate a particular degree of ruthlessness and speed in the execution of such changes. In consequence of that approach, mistakes take on a higher degree of impact and fall out when they occur." </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>While the bank has apologised for its mistake, Bird said it will take a lot more to cauterise the wound caused to affected staff and the remaining workforce. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>ANZ's work-from-home policy existed before Matos' time as CEO, but the email was sent to staff to ensure it was enforced.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/how-to-follow-9news-digital/29855bb1-ad3d-4c38-bc25-3cb52af1216f" target="_blank"><strong><em><span>DOWNLOAD THE 9NEWS APP</span></em></strong></a><strong><em><span>:</span></em></strong><span> </span><em><strong><span>Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. 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