Think local, pay global

Fisher, Leo D'Angelo
September 1998
Bulletin with Newsweek;09/08/98, Vol. 117 Issue 6139, p44
Discusses executive pay in Australia and how it seems out of line with the amount of downsizing and retrenchments among employees. Details on the rate of pay among Australian executives; Pay increasing as a result of the volatility of executive tenure; Details on the specific salaries of several executives including John Prescott and George Trumbull.


Related Articles

  • New Labour, old cuts? Hardings, David // Public Finance;12/12/97, p16 

    Focuses on the message of Deputy Prime Minister John Prescott message to councils in Great Britain about the local government financial settlement. Interpretation of the councils on the message of Prescott; Reactions of different councils to the message; Predicted rise of council taxes in...

  • Ample salary. Watson, Paul; Langford, Ross // BRW;10/13/97, Vol. 19 Issue 39, p15 

    Presents information on executives pay and benefits in Australia. AMP Society's chief executive, George Trumbull's stock package; Trumbull described as Australia's best paid employee; Precedent set by Colonial for its executives; Options issued by AMP for its other executives.

  • The upside of downsizing. Sitch, Rob // BRW;03/16/98, Vol. 20 Issue 9, p130 

    Presents a humorous discussion of the impact of company announcements in Australia on the stock exchange. Australia & New Zealand Bank announcing lay-offs; BHP's chief executive, John Prescott announcing his resignation; Speculation that any executive leaving will be seen as positive by...

  • Untitled.  // Bulletin with Newsweek;5/18/2004, Vol. 122 Issue 6421, p52 

    The article presents comparison of the statistical figures of top executives' remunerations between Australia's large companies and small companies. The average salary of chief executive in the large company is 311,885 and the small company is not available. The average salary of the managing...

  • Deep trouble. Bell, John // Bulletin with Newsweek;03/30/99, Vol. 117 Issue 6167, p21 

    Discusses the decision of the Australian government to appoint John Prescott and Malcolm McIntosh to the committee to investigate the procurement of the Collins class submarines for the Royal Australian Navy (RAN). McIntosh's background in the defense department; Critics seeing the inquiry as a...

  • 7 days.  // New Statesman;03/13/98, Vol. 127 Issue 4376, p5 

    Presents political updates from Great Britain. Release of Roisin McAliskey suspected member of an IRA bombing team which attacked a British army barracks, from prison by Jack Straw because of her health; Accusation on John Prescott for acting improperly after claims that his department had...

  • The Optimistic Australian. Light, Deborah // Bulletin with Newsweek;06/15/99, Vol. 117 Issue 6178, p64 

    Presents information on former Broken Hill Proprietary (BHP) chief executive, John Prescott and his career in Australian business. How the stock market reacted to his premature resignation from BHP; He and other businessmen starting the Horizon Private Equity Management fund; The fund's goals;...

  • Follow my leader. Sexton, Elisabeth // Bulletin with Newsweek;5/2/95, Vol. 116 Issue 5968, p67 

    Focuses on the plans of George Trumbull, chief executive officer of the Australian Mutual Provident Society, for the company. Changes in the company's culture; Focus on customer needs; Improvement of profitability.

  • George Trumbull's big plans for AMP. Gorrliebsen, Robert // BRW;11/28/94, Vol. 16 Issue 46, p24 

    Reports on George Trumbull's plans for AMP Society as its new managing director. Introduction of direct marketing for the company's products; Offering superannuation fund members a choice of individually customized portfolio; Creation of balance between the needs of stakeholders, customers and...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics