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Hidden riches: Executive pay day

 

Monday, Nov 16,2009, 10:11:03 AM   Click:

Executive pay schemes are often so complex that investors are unable to understand them. Information about retention and succession payments, expanded bonus targets, and the retesting of long-term incentives can only be found in the fine print of annual reports. ACTU president Sharan Burrow says the CEOs of the 300 largest Australian-listed companies take home almost 50 times average weekly earnings.

Publication Date: 14 November 2009

ACTU
QBE INSURANCE GROUP LIMITED - ASX QBE
REGNAN - GOVERNANCE RESEARCH AND ENGAGEMENT PTY LTD
CGI GLASS LEWIS PTY LTD
DOWNER EDI LIMITED - ASX DOW
WESFARMERS LIMITED - ASX WES
BHP BILLITON LIMITED - ASX BHP
ERNST AND YOUNG
UGL LIMITED - ASX UGL
TRANSURBAN GROUP LIMITED - ASX TCL
CHALLENGER FINANCIAL SERVICES GROUP LIMITED - ASX CGF
QANTAS AIRWAYS LIMITED - ASX QAN
WESTERN AREAS NL - ASX WSA
CRANE GROUP LIMITED - ASX CRG
ARGO INVESTMENTS LIMITED - ASX ARG
STOCKLAND - ASX SGP
ASCIANO GROUP - ASX AIO
BUSINESS COUNCIL OF AUSTRALIA
AUSTRALIA.  PRODUCTIVITY COMMISSION

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