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  • Essay / Gender Equality and Equal Opportunity - 2058

    The concept of gender equality and equal opportunity has been debated for decades and is part of the key principle of the community. This essay will discuss issues related to gender inequality and other forms of workplace discrimination in Australia, focusing particularly on the Australia and New Zealand (ANZ) Banking Group. This essay will also discuss the implications that have been made by ANZ Bank to address discrimination which has been a major concern not only in Australia but also around the world. Australia is ANZ's largest market with a network of 800 branches, 115 business centers and employing over 47,000 employees from 200 different cultural backgrounds around the world ( ANZ 2014 ). As we have seen the different cultural backgrounds among employees, ANZ Bank actually values ​​diversity in terms of ethnic and cultural backgrounds. Women's employment in banking has long been disadvantaged, but things have changed since the Second World War as more and more women are involved in banking (Crompton 1989: 144). ANZ Bank and other financial institutions in Australia are working to address gender inequality in pay equity, promotions and opportunities for all employees within the organization. The following content of this essay will address 3 main points of discrimination on the manner and involvement of ANZ Bank as well as the financial sector as a whole. The following content will address gender equality, indigenous employment in banking, age discrimination and discrimination against people with disabilities. According to the Workplace Gender Equality Agency, ANZ Bank positions itself as an employer of choice for women (ANZ 2014). Indeed, 54 pe......middle of paper......e over 55 years and they too offer equal opportunities to the younger generations. Additionally, ANZ Bank has its own Disability Action Plan (DAP) aimed at recruiting people with disabilities into its organization. By providing people with disabilities with equal opportunities, it will also enable them to motivate themselves to improve and, in the long term, it will make Australia a country of fair and equal treatment for every human being. By employing people regardless of gender, cultural differences, age and disabilities will also reduce the unemployment rate in the country. Therefore, through all the points discussed above, ANZ Bank is doing its best to combat all forms of discrimination in the workplace through the implications and plans they have been implementing to ensure effective and efficient working and management practices as a transnational corporation..