Business
CBA avoids strike on pay, pledges to keep ‘as many as possible’ in their homes – Sydney Morning Herald
CBA has managed to avoid a vote against executive pay while CEO says he will prioritise mediation with customers.
Ms Livingstone said the restructured remuneration framework, that includes increasing long-term shares ownership, was an attempt to “more closely align management incentives with shareholders’ experience”.
Some CBA staff queried why staff had only been offered a 1.5 per cent to 2 per cent pay increase. “I support the remuneration report, but I would like to know why the board does not think I deserve a modest 3 per cent increase in line with what our competitors pay their employees after whats …
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