ANZ Group Holdings Ltd. said staff compensation will take a hit if employees aren’t in the office at least half of the working week, as chief executive officer Nuno Matos drives an overhaul of the Australian lender.

The email on Thursday to managers detailed a tool to track attendance of staff members and outlined pay brackets for people not meeting the 50% threshold, according to an internal memo. A spokesperson for ANZ confirmed its contents.

The communication on its workplace policy comes at a time of intense focus on Matos’s turnaround strategy at the Melbourne-based lender. Earlier this week, ANZ managers had intended to outline job losses to staff, but instead automated emails were sent by mistake ahead of this.

ANZ has been under fire for mishaps in risk management and cultur

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