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Showing 171 - 180 of 489 results for "Bonus"

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 ...

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
The Finance Sector Union has welcomed the release of Commissioner Hayne's interim report, labeling it an important first step in reforming the financial services industry. FSU national secretary Julia Angrisano said the union agrees wholeheartedly ...

NAB cuts bonuses for executives

KANIKA SOOD  |  WEDNESDAY, 19 SEP 2018
National Australia Bank chief executive Andrew Thorburn will be paid 11% less than last year if the banking group's performance is at target, following a revamp of NAB's executive pay structure. National Australia Bank chief executive Andrew Thorburn's ...

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... committed to buy. Sales staff were encouraged to prioritise closing a sale ahead of the needs of the customer, including bonus payments heavily focused on value or volume of sales, the regulator said. Sales of accidental death insurance were particularly ...

Stale boys club lingers on: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... Possible measures for change included legislated equal pay, compulsory reporting of pay data and performance-based incentive or bonus structures. Older survey participants reported seeing little to no change in recent decades, with a consensus that talk ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 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 August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect ...

Equity Trustees net profit up 28pct, execs get bonuses

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
Equity Trustees' top executives took home the highest possible short-term incentives, as the company swelled net profits by 28%. It paid its five top executives and the managing director about 99% of the maximum short-term opportunity awarded to ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
"Wage growth in Australia has grown at an annual rate of 2.1%, continuing to stabilise between 2-2.1% over the past four quarters." That's the positive spin from ABS chief economist Bruce Hockman. Not necessarily negative - wages are still growing ...