This Month
Highest-paid CFOs revealed
Macquarie’s chief financial officer Alex Harvey has reclaimed the title of the country’s highest-paid CFO, bagging statutory reported pay of $10.1 million, despite a 4 per cent decline in his pay.
Gold boss gets 42pc pay rise, $4m in shares despite downgrade
A series of technical setbacks has forced Westgold Resources to cut its forecast for the amount of gold it will produce this year at a time of record high prices.
March
Why no one wants to be a CEO any more
Burnout, scrutiny and liability have turned the top job toxic, and rising stars are opting out.
The hottest new C-suite position is head of AI
Boards and leadership teams are scrambling to hire someone who speaks the language of artificial intelligence.
Goldman Sachs pay surges 30pc for select ‘talented’ executives
The four executives collectively received $US126.5 million for their work in 2024 as overall employee remuneration rose more modestly.
Historic pay data dump gives money men nowhere to hide
Australia’s biggest payers have the biggest pay gaps. Nowhere is this more evident than in financial services, where the money men still dominate.
Australia’s top-paying companies among worst pay gap culprits
A total of 24 companies pay their top-earning workers $1 million or more, but none of them have a neutral gender pay gap.
The story bigger than the gender pay gap in today’s figures
Among the data released by the Workplace Gender Equality Agency is the average pay packet at almost every company with 100 or more employees.
BHP set a gender target. The (male) backlash took 3 years
The miner has more than tripled its female workforce over a nine-year campaign for balance. It overcame a huge shortage of women and an “alpha dog culture”.
This CEO earned $1.6b last year, his deputy got almost $400m
Blackstone’s Steve Schwarzman took home about 11.5 per cent more than what he did in 2023 because of his $US916 million in dividends.
February
NextDC unveils $150m bonus plan to keep star executives
CEO Craig Scroggie is in line for a $112 million bonus if shares rise 124 per cent in five years, making him one of the ASX’s top earners.
January
Goldman’s board gives Solomon 129m reasons to stay put
Goldman Sachs handed its top two executives retention awards worth $129 million to encourage them to keep working at the firm for another five years.
December 2024
Xero CEO’s pay rise shows how to earn corporate Australia’s big bucks
There is one way to earn the big money, and it isn’t linked to market cap, importance to Australia’s economy or even shareholder returns.
AGM strike threat looms for ANZ over CEO Elliott’s pay
The bank’s board is grappling with an investor revolt over executive remuneration due to a lack of “genuine accountability” following the bond scandal.
Confidential documents outline BoQ’s profit targets
If hit, the bank’s cash profit will be well above what the market expects this year. But analysts have warned it has a poor track record of meeting goals.
Linking executive pay to net zero is working – sort of
It’s encouraging to see this linkage increasingly happening, but there is still work to do when it comes to making sure such efforts are effective.
November 2024
BoQ drops bonuses for juniors as senior staff seize the pie
While the bank’s most junior employees will no longer be eligible for a bonus, senior bankers and executives will share in a bigger award pool.
New watchdog won’t have power to rein in million-dollar uni salaries
Australian vice chancellors are the most highly paid in the world. But the federal government cannot set conditions on how much they earn.
The cycle that helps Goodman employees out-earn Macquarie by 2.3 times
Should the tide ever turn on logistics parks, data centres and Goodman Group’s incredible business, perhaps investors will wonder whether they cut it too much slack.
ANZ bond scandal hits Shayne Elliott’s bonus, with all staff at risk
The bank’s chief executive said there were clearly “morale” issues in the markets division at the centre of the trading allegations as executives took pay cuts.