Business
CBA cops 21 per cent protest over pay – The Australian Financial Review
Australia largest bank has successfully fended off a protest vote against executive pay proposals as bank staff voice their anger.
Ms Livingstone responded by saying the program for senior executives had been redesigned in anticipation of new regulations from the prudential regulator, while also reducing the maximum payments that could be earned and introducing more certain outcomes for executives.
She said negotiations with the Finance Sector Union on the enterprise agreement were ongoing.
“Again I would recognise the incredible contribution our staff have made this year, especially our customer facing staff who have wor…
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