Remuneration

WA trails nation on closing gender pay gap

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ANALYSIS: New data shows WA employers have a gender pay gap nearly four points above the national mid-point, while the state's mining sector continues to drive the divide.

Bonus boom shapes executive pay

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A new wave of mining bonuses and equity vesting has reshaped WA's executive pay ladder, lifting the top earners.

WA's gender pay gap narrows, marginally

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WA's gender pay chasm - the largest in the country - has narrowed marginally, while progress nationally for women in chief executive roles remains stagnant despite gains in boardroom diversity.

Business News Rich 100: WA's billionaire ranks rise

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The collective wealth of the top 100 richest people in Western Australia amounts to $160 billion – with 19 billionaires – Business News' Rich 100 publication reveals.

Consumer confidence survey to signpost spending outlook

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Analysts and policymakers will get a read on how consumers are feeling about the economy in an otherwise quiet week for hard data.

Whittle joins salaries tribunal

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Former UnionsWA head Owen Whittle has been appointed to the salaries and allowances tribunal, which oversees remuneration for senior public officials, for a three-year term.

Wealth flows for top execs

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Shareholder returns were not always reflected in the scale and growth of public-listed executive pay packets last financial year.

Qantas claws back $9.3m from Joyce

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Qantas plans to claw back big incentive payments to former chief executive Alan Joyce after a governance review concluded there had been “too much deference to a long-tenured CEO”.

After big pay day, Singleton sets departure date

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Austin Engineering has 12 months to find a new chief after David Singleton gave notice of his retirement following a three-year stint at the helm, which has earned him almost $20 million.

New entries, familiar faces

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Well-known names feature among this year's list of WA's top earners, though not all are in the roles they've become known for.

Gaines returns to FMG exec role

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Elizabeth Gaines will be paid a $1.2 million salary after taking up a part-time executive director role at Fortescue Metals Group, while Jenn Morris has resigned from the company's board.

Monadelphous refines targeted strategy

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The new leadership at Monadelphous Group has outlined a targeted approach to new work while acknowledging delays in contract awards will lead to a fall in first-half revenue.

FMG bonuses to hinge on climate performance

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Fortescue executives will have their bonuses tied to emissions reduction targets under a new albeit vague incentive structure tabled by chairman Andrew Forrest at the group's AGM this morning.

Nurses double pay demand to 20 per cent

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Nurses and midwives have voted to double their pay claim against the McGowan government to 10 per cent a year for two years.

Lithium miner boosts CEO pay

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Pilbara Minerals boss Dale Henderson has become one of Western Australia's best-paid executives after his base salary was boosted to $1.25 million.

PwC leads by releasing pay band info

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Fixed pay bands across PwC Australia for the next financial year have been released, showing how partners are able to accumulate millions per year.

Fewer incentives but executive pay firm

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While lower returns on equity have flowed through to WA's top earners this year, the river has hardly run dry for the top end of town.

The billionaire that never was?

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Perth business woman Megan Wynne attracted national headlines last month when she was hailed as Australia's newest billionaire, yet recent disclosures by her company indicate that was never the case.

NRW hit by protest votes yet share price up

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NRW Holdings' shareholders have lodged multiple protest votes at today's annual general meeting while also supporting a lift in the company's share price.

Calibre offers large incentives for returning staff

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Engineering and construction firm Calibre Group is offering former employees $10,000 in company shares as an incentive to rejoin the business as labour shortages bite.

Resolute announces new leadership

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Resolute Mining has permanently appointed Stuart Gale as its managing director while recruiting former Paramount Mining Corporation boss Terry Holohan as chief operating officer.

Large charities tilt toward boards fees

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At what point should not-for-profit organisations start paying fees to their board of directors?

Rio delivers $57m in payouts

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Four former executives at Rio Tinto were paid a total of $57 million last year, with Sam Walsh and JS Jacques getting the biggest payouts.

BDO expands remuneration practice

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BDO has recruited three experienced staff to bolster its Perth-based remuneration and reward practice as it gears up to service new industries and geographies.

It’s Time for a Pay Correction!

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BDO's latest edition of the Explorer Quarterly Cash update reflects confirms that the growth in exploration expenditure has been across the board and is not being artificially inflated by significa

The Rise of Executive Kings - When the upside is one sided

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Structuring executive pay is no new topic – in fact, some would say it's been in play since the Viking Era when raids began on England in the late eighth century.

Do not rush to applaud board fee cuts!

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Are Non-Executive Directors entitled to extraordinary pay as a result of the pandemic? This is the question which many Boards will be grappling with as COVID-19 places greater demands on key

Take-home pay sheds more light

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The statutory pay reported by listed companies tells only part of the story. Some companies also report ‘actual' pay.

Incentives drive executive pay

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Business News's in-depth remuneration survey shines a light on the state's high-income earners.

Pemberton raises $4.9m in share sale

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NRW Holdings managing director Jules Pemberton has sold 3.65 million shares to fund personal tax liabilities, at a price that was less than half the January peak in the company's share price.

Forrest in $242m FMG buy

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Fortescue Metals Group chair Andrew Forrest has purchased an additional $242 million worth of shares in the company, shortly after Perth-based executives of other leading companies, including Peter Coleman, Ian Testrow and Bill Beament, also made big trades.

Equity deals deliver big rewards

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Mining executives Bill Beament and Raleigh Finlayson have highlighted the way in which equity incentives can deliver big returns.