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Showing 221 - 230 of 646 results for "Salary"

ASIC launches investigation into Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... receive his full fixed remuneration for that period - amounting to $2.686 million. King will be remunerated at a fixed annual salary of $2.1 million. While King steps up, chief operating officer Gary Thursby will act as chief financial officer. Westpac ...

Chief executive banned for paying wife

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... executive of Scottish Boatowners Mutual Insurance Association and paid his wife more than £200,000 ($380,000) of his own salary. He claimed the payments were compensation for some administrative tasks his wife had done. For the first several years of ...

Financial services the most unethical industry

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
... important issue for the banking and finance sector with 74% of Australians saying it's unethical to offer a chief executive salary of more than $3 million per annum," Motto said. Industry superannuation funds were considered the sector's most ...

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
... every $100 ensured, with the maximum monthly benefit capped at $25,000. However, the fund will cease to provide long-term salary continuance insurance. "The decision was taken due to...the low number of members who have opted into this insurance...and ...

What finance professionals are really paid

ELIZABETH MCARTHUR  |  THURSDAY, 7 NOV 2019
A new salary benchmarking report for 2020 from Michael Page has revealed what various finance professionals in Australia can expect to be paid, including distribution leads and investment directors. According to the report, legal, risk and compliance ...

Woolworths admits to underpaying staff $300m

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
... review has found the number of hours worked, and when they were worked, were not adequately factored into the individual salary settings for some salaried store team members." "Woolworths Group is committed to fully rectifying these payment shortfalls ...

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... These were not raised in my notice of termination and are not consistent with AMP's comments about my promotions, my salary and my bonus," Cook said. "They are also difficult to reconcile with the many messages of encouragement and support I have ...

IOOF to cut bonuses, pays Kelaher millions

ELIZABETH MCARTHUR  |  TUESDAY, 29 OCT 2019
... with additional accrued leave entitlements. The report shows this is the equivalent of chief executive Renato Mota's full salary, including superannuation. Kelaher was on a leave of absence from 1 July 2018 while IOOF defended the legal action brought ...

Senior lawyer drags AMP to court

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
... litigation within the AMP Group, which at that time was primarily insurance claims and advice complaints. Her base gross salary was $320,000. About a year into the job, Cook claims her responsibilities were increased and the size of the team that she ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... UK-firm FNZ. Lake won damages for breach of contract for wrongful termination of his employment ($643,100 as 12 months' salary, including superannuation), about $1.4 million (the value of the 365,177 ordinary shares in GBST as at 9 November 2015) and ...