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Showing 141 - 150 of 646 results for "salary"

Shareholders reject Westpac remuneration report

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... will face a board spill. The remuneration report included chief executive Peter King's package of $2.4 million as base salary, and variable incentives of $2.4 million for the short term and $3.2 million for the long term. Non-executive directors' ...

Challenger taps Hamilton for top job

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
... $1.075 million, inclusive of superannuation. It is expected that his annual short term incentive will be capped at twice his salary and he will also be entitled to a long term incentive. Challenger will now undertake a recruitment process to fill the ...

Longo's ASIC less aggressive: Report

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... not litigate' approach - which it adopted post-Royal Commission. Longo's appointment during the COVID-19 pandemic, after salary scandals saw chair James Shipton and deputy chair Daniel Crennan depart, meant he was hired with a government mandate to 'support ...

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... as a teenager. Mackay and Douglass would go on to become colleagues at Schroders. Cairns was paid a $1.54 million base salary and a $772,500 bonus for his role as chief executive of the fund manager in FY2021. According to Magellan's most recent ...

Financial services feels talent crunch

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... employers pulling out all cards in an attempt to retain staff. It was a bustling quarter for the Kaizen team with the average salary placed at $141,000, at a high of $330,000 and a start of $70,000," Kaizen said. Last quarter, 57% of the firm's placements ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... larger home stock for younger families. Additionally, the bill supports the repeal of the work test for non-concessional and salary sacrificed contributions which will be implemented through regulation changes the government intends to make before the ...

Rest firms up net zero pathway

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
... 48-year-old member has an account balance of $67,000 and earns around $48,000 per year. A member with this account balance and salary could be approximately $50,000 better off when they retire at age 67 in 2040 if the world acts to keep temperature rises ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... is for the government to set the most appropriate superannuation guarantee contribution rate. The paper states 10-12% of salary (based on current Age Pension and means testing rules) to be the most appropriate rate, which is a contrast to Retirement ...

Praemium appoints chief executive

KANIKA SOOD  |  THURSDAY, 12 AUG 2021
... important time for the company." Praemium will pay Wamsteker $600,000 base pay including superannuation, up to 50% of base salary as performance-based short-term incentives, and performance rights as long term incentives. In May, Wamsteker replaced Michael ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... increase overall in requests for risk and compliance professionals since the Royal Commission," Chisholm said. The average salary for roles Kaizen observed in the market last quarter was $139,000 and the highest salary it saw was $300,000. And, in good ...