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Showing 171 - 180 of 496 results for "Bonus"

Culture dominates shareholder engagement

KARREN VERGARA  |  TUESDAY, 27 NOV 2018
As the Royal Commission sharpens its focus on accountability and corporate culture, an institutional investor says these two issues will now shape conversations with boards more than ever. SSGA senior managing director Susan Darroch said the significant ...

Overhaul executive remuneration: Poll

KARREN VERGARA  |  MONDAY, 26 NOV 2018
... outcomes for customers. However, Comyn defended the importance of short-term variable remuneration - otherwise known as a bonus - for its frontline staff, which is rewarded based on "discretionary effort." Comyn confirmed that CBA has removed sales incentives ...

Royal Commission on social media: Executives grilled

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
... most ridiculous things to come out of 60 odd days of the Royal Commission - media coverage or lack thereof determined the bonus levels for the senior staff at Australia's largest bank and one of its largest companies. - Peter Morgan (@psimpsonmorgan) ...

Misconduct matters, but stability key for Frydenberg

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
Treasurer Josh Frydenberg said eliminating misconduct was important, but the Government has other considerations to bear when implementing the Royal Commission's final recommendations. Speaking at the Australian Finance Industry Association conference ...

Royal Commission puts bonuses on notice

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
... chief found himself defending CBA's practice of offering staff "short term variable remuneration" - otherwise known as a bonus - despite understanding the compliance risks it posed the firm. When asked by Orr whether he considered variable remuneration ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
"There was a higher rate of wage growth recorded across the majority of industries in comparison to this time last year, reflecting the influence of improved labour market conditions. Annual wage growth at the Australia level was 2.3%, the highest growth ...

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on the 2nd of August, BOE governor Mark Carney was quoted as saying, "The mistake is to always wait, wait, wait until you ...

Super-size me: Latest employment trends

DARREN SNYDER  |  MONDAY, 29 OCT 2018
... the whole for others, with average salaries only growing in line with inflation, at best," he said. "For most, however, bonus payments remained pleasing, albeit not exceptional."

TAL slashes jobs, cuts outbound sales

JAMIE WILLIAMSON  |  FRIDAY, 19 OCT 2018
... future premium increases; pressure selling tactics; refusal to provide paperwork before closing the sale; and individual bonus payments based on the volume of sales. TAL was one of the insurers that had its direct sales examined by the review. Also appearing ...

Chief economist update: US bond yield jump made FTSE slump

BENJAMIN ONG  |  FRIDAY, 5 OCT 2018
The FTSE 100 index fell by 0.4% on September 13 - the day when the Bank of England (BOE) met and announced no change in monetary policy settings, keeping the bank rate at 0.75% (after the 25bps lift in August). While the BOE's move was widely expected ...