ZX Bank is a large retail bank that operates in all states

ZX Bank is a large retail bank that operates in all states

ZX Bank is a large retail bank that operates in all states in Australia. In response to a recent market survey of its customers, it is considering opening its branches on Saturdays and Sundays. Currently, the bank’s employees feel that their expectations regarding conditions of employment and work-life balance are being met. The employees have been asked about the proposed change in opening hours and 70 per cent said that they would prefer not to work on weekends but, if they had to, they would expect higher pay rates on those days. The Human Resource Manager has responded, saying that an increase in pay rates might make opening on weekends unprofi table. The bank executives are hoping to reach an agreement with the employees that keeps pay rates at current levels. Both sides believe that it is important to discuss this issue further.a. Employee expectations include a number of factors. Explain what is meant by work-life balance and conditions of employment. Refer to the information about ZX Bank in your response.

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