Unions say bonus payments, revealed to the ASX on Friday, ‘reward management for short-term thinking and cost cutting’
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The unions representing Qantas workers have reacted incredulously to the news outgoing CEO Alan Joyce has pocketed more than $10m in shares for meeting the company’s Covid-19 goals.
On Friday Qantas announced to the ASX that Joyce had received 1.74m shares, valued at just over $10m, under the company’s long-term incentive and Covid recovery retention plans. Chief financial officer Vanessa Hudson, Joyce’s likely successor, also took home $2m worth.
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