Reserve Bank perks can’t be justified
If employees wish to purchase extra annual leave, then it should be at the standard 2% per week. The Reserve Bank is effectively giving staff an extra two weeks annual leave than the rest of the public service by offering three weeks extra leave for 2%.
There are 250 working days a year. A Reserve Bank staffer could do the following:
- 40 days annual leave
- 15 days wellness leave
- 12 days public holidays
So that is 67 days off, leaving just 187 they have to work. Of that 187 days, a third or more may be work from home.
No wonder they needed to triple their staff numbers!