Business
NBN Co executives and employees got $77 million in bonuses in back half of 2020 – ABC News
There were more bonuses paid out to NBN Co employees in five months of 2020 than in the entirety of the 2018-19 financial year.
More than $77 million in bonuses were handed to the executives and employees of NBN Co over a five-month period in 2020.
Key points:
- NBN Co employees and executives received more bonuses in five months last year than in the 2018-19 financial year
- The Commonwealth-owned company employs over 6,000 people and calls bonuses the “short-term incentive” scheme
- NBN Co defended the bonuses and a spokeswoman said they abided by the rules
The bonuses were issued between July 1 and December 1 last year, and was…
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