CITY VIEWS: DO YOU EXPECT REMUNERATION PROTESTS TO RISE THIS SUMMER?
CHRIS LESLIE NATIONAL AUSTRALIA BANK
“I do – for people lower down the food chain, the targets for getting a bonus are set in stone, but it seems as if the top executives can just change their goals as they see fit. Good performance deserves a good bonus, but it has become commonplace to reward mediocrity.”
CHRIS SANDS COA SOLUTIONS
“I can see protests becoming a lot more frequent, though to me it seems a bit like shutting the stable door after the horse has bolted. Shareholders were perfectly happy to reap the benefits of unsustainable gains in the good times, so it’s a bit late to start whinging at this stage.”
NATHAN SAMYMUTHU LIFFE
“I think the trend will continue. It’s all about the pyramid game, where profits go to the top without due reviews or targets. Shareholders see both good and bad times, whereas the top dogs only seem to get the good times – they should also take their share of the hit.”