ANZ, Australia's third largest bank, will be giving its female employees an extra $500 because "women earn less than men."
According to an official release on the bank's website, female employees at ANZ will get an extra $500 annually simply for being a woman.
"On average," the site explains, "women earn less than men, and because super is a percentage of your salary, that means less super... Doesn’t really seem fair, does it?"
Joyce Phillips, ANZ's "Wealth CEO," explains, “These initiatives are all about supporting the future financial well-being of our staff."
Women should earn extra money for being female, she continued, because, "for many of our staff, the extra $500 each year is a good start to bridging [the pay] gap."
Home Uncategories Third Largest Bank in Australia to give Female Employees Extra $500 Annually to Fight "Pay Gap"
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