In a report discharged on ninth may 2002, …show more content…
The report by investigator Richard McElrea says that Smith’s constant battle to satisfy tough sales targets was liable for the Great Depression that ultimately resulted to his suicide. The bank employee’s medical condition was triggered by stress, and therefore the principal explanation for stress was his work. Smith was still and receiving treatment for depression at the time of his death. Smith 1st developed his depressive health problem in 1998, at regarding an equivalent time he determined to slow down a promotion offered by ANZ. in line with the investigator, recurrent episodes of depression within the months before his death were precipitated by anxieties arising from his work performance—in explicit, his inability to fulfill weekly money targets. Michael Smith was one amongst seventy investment and loaning managers utilized by ANZ in New Zealand at the time. solely twenty two of these managers might meet the bank’s performance targets, that gave commission values to every bank checking account, mastercard, mortgage, insurance and term deposit sold-out to customers. throughout 1999, managers were needed to satisfy a whole sum of sales target of $3,731 a