25 July 2014

Westpac Recognised As NZ Leader In Equal Pay

Westpac has taken out the top prize in the Young Women's Christian Association (YWCA )’s inaugural Equal Pay Awards for its work in improving the diversity and inclusiveness of Westpac’s workforce. 

The Equal Pay awards recognise best practice among business leaders who are actively addressing equal pay in their organisations.

Judging panellist Susan Doughty said Westpac won the Gold Award because it had shown it was working towards pay equity at an advanced level.

"Westpac are engaging with pay equity best practices and can be held up as an organisational role model in regards to pay equity," Doughty said.

Waqas Butt, Head of Reward & HR Operations, said the award was a great recognition of the progress Westpac is making on its gender pay equity, and a reflection of the broader achievements in our wider diversity strategy.

“As one of New Zealand’s large employers, with deep roots in the community, Westpac is proud to be taking a lead in improving the diversity and inclusiveness of our workforce. To be a truly sustainable and high performing business, we believe our workforce should be reflective of the community we serve.”

“Our focus on improving our pay equity and our women in leadership representation are key planks in achieving our overarching diversity agenda.”

Angie Smith, Senior Organisation Development Manager, said "We are committed to leading the gender equity debate both internally and within the broader community through initiatives such as the Women of Influence Awards and our sponsorship of New Zealand Global Women."

 About the YWCA Auckland

YWCA Auckland is part of the world’s largest women's organisation, a Global network of 25 million women leading social and economic change in over 125 countries worldwide. The YWCA Auckland advocates equal pay for equal work and are recognising best practice amongst business leaders actively addressing equal pay within their organisations.