Topic > Gender equality and equal opportunities - 2058

The concept of gender equality and equal opportunities has been debated for decades and has been part of the community's core principle. This essay will discuss issues relating to gender inequality and other forms of workplace discrimination in Australia, focusing specifically on Australia and the New Zealand Banking Group (ANZ). This essay will also discuss the implications taken by ANZ Bank to resolve discrimination which has been a major concern not only in Australia but also across the world. Australia is ANZ's largest market through a network of 800 branches, 115 business centers and employs over 47,000 staff from 200 different cultural backgrounds worldwide (ANZ 2014). As we could see the different cultural background among the employees, ANZ Bank actually values ​​diversity in terms of ethnicity and cultural background. Since ancient times, the employment of women in the banking sector has been an unfavorable factor, but things have changed after the Second World War as more and more women are involved in the banking sector (Crompton 1989: 144). ANZ Bank and other financial institutions across Australia have worked to combat gender inequality in pay equity, promotions and opportunities for all employees in the organisation. The following content of this essay will discuss 3 main points of discrimination on how and what implications ANZ Bank has made and also on the financial sector as a whole. The following content will cover gender equality, employment of indigenous people in the banking sector, age discrimination and discrimination against people with disabilities. According to the Workplace Gender Equality Agency, ANZ Bank is positioned as the employer of choice for women (ANZ 2014). In fact, 54 pe...... middle of paper ......and they are 55 years old and they too guarantee equal opportunities to the younger generations. Additionally, ANZ Bank has its own Disability Action Plan (DAP) which aims to recruit people with disabilities into its organisation. By providing people with disabilities with equal opportunities, this will also motivate them to improve and, in the long term, will make Australia a country of fair and equitable treatment for every single human being. Hiring people regardless of gender, cultural differences, age and disabilities will also reduce the unemployment rate within the country. Therefore, through all the points discussed above, ANZ Bank is trying its best to combat all forms of discrimination in the workplace through the implications and plans that have been implemented to ensure efficient and effective working and management practices as a transnational corporation..