Business
Average annual pay per worker across the big five banks rises 5.6%
2nd Mar 15, 4:15pm
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1 Comments
Would be interesting to compare "base salaries" versus "STIP/Bonus Payments" I expect (for "like" roles)
From what I understand ASB in particular have been performing strongly YOY for the last 3 plus years which means that more of their staff are eligible for STIP payments (as per their individual employment contracts)
Obviously, on the same tact, the impact on staff wages/salaries for employees of those banks who have not been performing to "target" has been not to make "bonus" payments (or significantly reduced ones)
Hence the pay comparison may be a little skewed?
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