MEDIA RELEASE 27/08/2017
LPOGroup welcomes the remuneration transparency for Australia Post’s MD / GCEO & Senior Executives in the Australia Post 2017 Remuneration Report released today.
We understand that this has been a matter of public interest in recent times and the remuneration structure and explanations within the report are insightful.
Of particular interest is the LTI (Long Term Incentive) plan in which considerable bonuses were paid to the MD & GCEO on the condition of meeting various ‘Success factors’.
Interim authorisation granted for collective bargaining between licensed post offices and Australia Post
30 June 2017