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This Month

Recruiter Adam Shapley says the tech recruitment market is undergoing a “correction”.

Engineers and cyber talent earn big bucks as other tech workers suffer

Day rates for most IT contractors are failing to keep pace with inflation, but cybersecurity experts and software developers are doing just fine.

  • Euan Black
Goldman Sachs CEO David Solomon is boosting pay again after last year’s cuts.

The curious case of Goldman Sachs’ pay jump

Angst with Goldman CEO David Solomon appears to have stemmed from pay cuts at the bank last year. That’s now reversing, despite an uncertain outlook at the bank. 

  • James Thomson
Barrenjoey chief executive Brian Benari says the 2024 financial year has started strongly.

Barrenjoey pays bankers’ bonuses in monthly instalments

The investment bank’s staff, who hold about 45 per cent equity in the business, previously received their cash bonuses in quarterly intervals.

  • Aaron Weinman

September

If nothing goes wrong, executives will be able to collect the full time-based stock grant, ]says Michael Robinson.

Why execs can now expect big bonuses no matter what

C-suite leaders in major banks and insurers may be able to receive up to half their long-term pay boosts without meeting strict performance criteria.

  • Sally Patten
Staff were allegedly made aware UNSW’s record-keeping was inadequate as early as 2018.

UNSW ‘knowingly’ kept poor pay records in face of underpayments

The workplace watchdog has launched court action against the university over payroll practices so inadequate it could not work out if casual academics were underpaid.

  • David Marin-Guzman
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Jim Chalmers and other cabinet ministers in Adelaide made the employment white paper announcement in Adelaide.

Chalmers can’t wish his way to lower unemployment

Labor needs more than small-target ‘Hollowmen’ policies to keep the jobless rate sustainably low without pushing up inflation and help the Reserve Bank.

  • John Kehoe

Law firms hit by softening demand, rising expenses and unhappy staff

Australian lawyers are working less and billing more, but are “uniquely dissatisfied” when compared with their global counterparts, according to a new report.

  • Maxim Shanahan

August

ASX chief executive Dominic Stevens inherited the CHESS replacement project from his predecessor Elmer Funke Kupper.

ASX kills former CEO’s bonus share rights over CHESS disaster

The reverberations from the market operator’s failed attempt to replace its clearing and settlement system continue to play out. 

  • James Thomson

July

Rigforce supplies labour to vessels contracted with Inpex and its LNG plant in northern Australia.

Oil and gas rig workers get 8.6pc pay rise

Workers at a key labour hire company in the offshore resources sector have secured a wage increase of almost 16 per cent over two years as bargaining heats up.

  • David Marin-Guzman
CEO pay has retreated in recent years.

Why CEO pay is at the lowest level in nine years

Boards are showing more restraint when it comes to chief executive salaries. But is that about to change?

  • James Thomson
JPMorgan boss Jamie Dimon has drawn a salary his entire working life.

Why CEOs should be paid more

Australian Paul Sheard, former vice-chairman of S&P Global, argues that corporate leaders should be rewarded based on the value of the businesses they run.

  • Paul Sheard
NSW Treasurer Daniel Mookhey received an at-times hostile reception at a meeting of the state’s health workers on Monday.

NSW health workers push harder for 6.5pc wage rise

NSW Treasurer Daniel Mookhey was forced to confront his own pay rise since taking office as health workers met in Sydney for their annual conference.

  • Samantha Hutchinson

June

Daniel Andrews’ pay will rise above $481,000.

Daniel Andrews backs his hefty pay rise

Victorian MPs will receive a 3.5 per cent increase from July 1, taking the premier’s remuneration to more than $481,000.

  • Patrick Durkin
Fletcher Building chief people officer Claire Carroll says linking executive pay to diversity outcomes sends a clear signal that diversity and inclusion is important.

Why executives are getting more bonuses for hitting diversity targets

Such payments are becoming more common as companies increasingly recognise the value of greater inclusivity. But not everyone is happy about it.

  • Euan Black

May

Hays Asia Pacific CEO Matthew Dickason says many companies still plan to increase their headcount despite facing significant economic challenges.

The workers set to land the biggest pay rises this year

Allied health professionals, engineers, accountants and people working in call centres are among those most likely to land hefty pay rises this year.

  • Euan Black
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A work/life balance can trump pay for young lawyers.

How much is a weekend worth? The answer lies in lawyers’ pay

Working at a top law firm traditionally meant unsociable hours. But as some of London’s oldest outfits try to compete with elite US firms, that’s changing.

  • Irina Anghel
NSW Treasurer Daniel Mookhey has shares in BHP and Rio Tinto.

NSW flags 4pc public sector pay rise to head off strike action

NSW Premier Chris Minns is facing his first industrial relations test just two months into power.

  • Samantha Hutchinson
ACTU Secretary Sally McManus and workers outside the Fair Work Commission’s minimum wage hearing on Wednesday.

Inside the wages battle: Are we at peak pay rise?

Workers are rejecting pay rise offers of 6 per cent in the hope of getting more. But inflation and a key minimum wage decision could turn the situation on its head.

  • David Marin-Guzman
Dnata Australia chief Hiranjan Aloysius.

How migration changes could affect your next in-flight meal

Hiranjan Aloysius, chief executive at dnata, Australia’s largest airline caterer, says the reduction in student visa working hours could affect operations.

  • Gus McCubbing and David Marin-Guzman
The compensation gains may add to upside risks that wage growth and inflation expectations stay elevated in Canada.

Most Canadian government workers end strike with deal on wages

About 120,000 workers in Canada’s federal public service returned to work after the government agreed to pay increases of about 12 per cent over four years.

  • Ari Altstedter and Erik Hertzberg