Original article by Michael Roddan
The Australian Financial Review – Page: 13 & 17 : 27-Jul-20
AMP has the worst rating of any major financial services company in terms of being a place to work, according to workplace rating website Glassdoor. AMP has been in the headlines as a result of staff uproar over the promotion of Boe Pahari to the role of AMP Capital CEO despite having received a $500,000 penalty after the firm settled a sexual harassment claim against him by a female subordinate in 2017. Comments made on Glassdoor by current and former AMP employees suggest its workforce culture is ‘rife’ with bullying and intimidation by senior managers.
AMP LIMITED – ASX AMP, GLASSDOOR INCORPORATED, AMP CAPITAL INVESTORS LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, INSURANCE AUSTRALIA GROUP LIMITED – ASX IAG, CHALLENGER LIMITED – ASX CGF, SUNCORP GROUP LIMITED – ASX SUN, BENDIGO AND ADELAIDE BANK LIMITED – ASX BEN, BANK OF QUEENSLAND LIMITED – ASX BOQ