Workplace Relations Risks to Franchisors and Holding Companies Rise
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’.
That time of the year again when we get to increase our employees wages from our thin air bucket.
For Licensees with employees the new pay rate applies for the first pay period from 1 July 2017