Work Reform • 1 month ago

Former Qantas boss has exit pay slashed by millions

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Former Qantas boss has exit pay slashed by millions

Work Reform • 1 month ago

Australian airline Qantas slashes exit pay of former boss Alan Joyce

The announcement came on the same day the firm released the findings of a review into how it is run.

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12•1 month ago

The A$21.4m ($14m; £11m) payout Mr Joyce was due to get after leaving the firm last year will be cut by A$9.26m, the company told investors.

The firm also says other current and former senior executives will see their short-term incentives cut by 33%.

And will that cut money will go to shareholders I assume…

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
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Better and fewer working hours.
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