Business wants pay rises for Australia’s lowest paid workers limited to 2% – but what about executives?

Wed, 1 May 2024 12:19:19 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.theguardian.com/australia-news/2024/apr/02/australia-executive-ceo-wages-employee-salary-acci-restraint>

"As business groups increase calls for wage restraint for Australia’s lowest
paid workers, their voices turn largely silent when asked about their own
executive pay plans.

Guardian Australia asked the Australian Chamber of Commerce and Industry,
which has told the Fair Work Commission to limit any minimum pay increase to
2%, if it would adhere to the same wage restraint for its own chief executive.

Views were also sought from ACCI’s state and territory affiliates and a
sampling of its association and company members, with more than two dozen
industry associations and companies approached for their position on pay
rates."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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