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    Pay

    July

    Australia’s highest-paid CEOs include Greg Goodman (Goodman Group), Shemara Wikramanayake (Macquarie), Mike Henry (BHP), and Matt Comyn (CBA).

    Who are the highest paid ASX 200 CEOs?

    New research shows that ASX 100 CEOs earn on average 50 times more than the average Australian adult.

    • Hannah Wootton
    Uber is changing how it calculates prices, enraging the transport union but relieving customers.

    Uber cuts prices – but also pay rates for drivers

    The company is expected to pull prices back by up to 5 per cent despite rising costs of insurance and fuel.

    • Nick Bonyhady

    June

    Mark Robertson, KC, is said to have no interest in becoming a judge.

    Meet the most expensive lawyer in Australia

    Tax specialist Mark Robertson, KC, is in a league of his own, charging $6250 an hour and $50,000 for an eight-hour day.

    • Michael Pelly
    KPMG says reducing immigration will restrict businesses hiring the best workers, and be a handbrake on productivity.

    Why KPMG sees silver lining to 5pc jobless rate

    The big four firm says there is no “productivity crisis” and recent lacklustre results can be explained by the workforce shake-up caused by the pandemic.

    • Ronald Mizen
    In some industries employers are prepared to offer significant sums in order to attract the very top talent.

    ‘My graduate job starting salary was $343,000 – here’s why’

    Some law and investment banking firms in Britain are paying graduates in their early 20s enormous salaries. The financial rewards are vast but come at a big cost.

    • Kimberley Bond
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    Teenagers at McDonald’s and many other companies are paid less than adults.

    Union push to raise teen pay by up to 42pc

    The retail and fast-food workers’ union says 18- and 19-year-olds can drink, vote and join the army so they should be paid the same as people aged 20 and older.

    • Updated
    • David Marin-Guzman

    May

    Employees at Melanie Perkins’ Canva are higher paid than tech staff elsewhere, but are increasingly unionised, according to Professionals Australia.

    Study shows pay gaps between tech’s big names and the rest

    A new study shows a stark difference in pay at newer tech stars like Atlassian and Canva, compared to public sector and other tech company specialists.

    • Paul Smith

    April

    CBA’s dumping of royal commission bonus caps has angered ASIC which says it creates conduct risks.

    ASIC chairman ‘very disturbed’ about CBA’s bonus move

    Joe Longo said he had raised concerns about CBA’s breach of bonus caps directly with the bank’s chairman Paul O’Malley and urged the bank to reconsider.

    • James Eyers and Lucas Baird
    CBA is embarking on a major strategic shift involving pushing its Bankwest brand to mortgage brokers.

    CBA dumps bonus limits to fight Macquarie on mortgages

    The bank will dump bonus caps agreed in the shadow of the Hayne royal commission as it tries to stem market share losses to rival Macquarie.

    • James Eyers
    Elon Musk is the founder of Tesla.

    Musk wants $87b. Tesla’s Aussie chair is defying a court to help him

    Robyn Denholm is asking investors to over-rule a judge who cancelled the biggest pay package in history for an AWOL chief executive.

    • Aaron Patrick
    Businesses are closing but the jobs market remains strong.

    Business collapses hit record, jobs market stays strong

    The slowing economy pushed a record number of businesses into insolvency last month, but just 6600 people lost their job, suggesting smaller firms were hit hardest.

    • Ronald Mizen
    Top Republican lawmakers have called for McKinsey to be banned from securing federal contracts.

    McKinsey offers staff nine months’ pay to leave

    The management-consulting firm is dangling the pay, along with career-coaching services and other resources, to some UK staff who would like to leave.

    • Matthew Boyle

    March

    Mary Wooldridge tells the National Press Club that action, not just acknowledgement, is needed to help close the gender pay gap.

    Government contracts on the line if gender targets not met

    Companies like BAE Systems, Microsoft, SAP and the big consulting firms stand to lose billions in government contracts if they can’t prove they’re meeting targets.

    • Hannah Wootton
    Claire Alexander of ThinkTechStartup says widespread redundancies have forced techies who have traditionally been headhunted to start applying for roles.

    Pay rises stall for tech workers

    New data shows tech salaries have stalled, with recruiters saying the talent has unrealistic expectations about maintaining boom-time salaries in Australia.

    • Tess Bennett
    Elizabeth Okoko, Clinical Pharmacist turned Consultant Engineer at FM Global.

    ‘I can only fail to where I am now’: How the worst-case scenario led to the perfect career

    Check out the latest post in our fortnightly AFR series featuring professionals who have made a big career leap into the unknown.

    • Tess Bennett
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    Wall St’s average 2023 bonus slips to $270,300

    The 2 per cent decline from 2022 reflects a more conservative approach to paying bonuses and an increase in the number of people working in the industry.

    • Timothy Moore
    Just 20 per cent of Qantas’ pilot intake at its academy in recent years were women despite the airline having a formal target of 40 per cent by 2028.

    Why boosting women pilots will be a ‘decades-long’ project

    Women make up just one in nine new pilots graduating each year, stalling efforts to bring down the sector’s high pay gaps.

    • Hannah Wootton
    Debby Blakey says companies need to be more creative when hiring if they want to reduce their gender pay gaps.

    ‘Absolutely nonsense’: Super funds slam investment banker pay gaps

    Investment banks claim it will take a long time to fix mammoth gender pay gaps, blaming systemic factors, but super funds show it can be done quickly, CEOs say.

    • Hannah Wootton
    AFR readers say companies should be proactive in reducing their gender pay gaps.

    ‘A bloody disgrace’: AFR readers demand companies reduce pay gaps

    Nearly 70 per cent of readers also said that men taking on more domestic duties would enable women to take on higher paying roles and help reduce the gap.

    • Hannah Wootton
    Jetstar CEO Stephanie Tully

    Qantas pushes for 40pc female cadet pilot intake within four years

    The dominance of men in lucrative pilot jobs globally is pushing some Australian airlines’ gender pay gaps as high as 53.5 per cent, prompting promises of change.

    • Hannah Wootton