Go get a life people!!!! Source: Getty . According to data from OpenDirector and originally commissioned by the Australian Financial Review, just five Australian CEOS are now making $10 million-plus per year. He was followed by James Hardie Industries chief Louis Gries on $18 million. Together they earned $25.9 million. Here are the top ten highest-paid CEOs, according to ACSI, based on realised pay in the 2018 financial year: Aviation Wrap: Emirates celebrates loyalty landmark, Tigerair re-invents digital experience + MORE! More. His base … “This may be a sign that boards have lost sight of the link between a company’s social licence and the expectations of communities and investors. The stench around the ‘Leppington Triangle’ deal, which saw taxpayers fork out 10 times what the land was valued as, is getting worse by the day. Are you one of those people who never seems to have a pen handy to fill out the incoming passenger card post-flight? That’s how long it would take for an ordinary Australian on the median wage to earn as much as Don Meij, boss of pizza chain Domino’s Pizza Group, earns in one year. Reblog. Vice-chancellors are being paid more than ever, with pay rises of up to 60 per cent in five years taking average salaries across NSW and Victoria to $970,000. The median ASX100 CEO received 70 per cent of their maximum bonus, while one in three received 80 per cent. That’s the one you will have to vote for if you vote for that party not one of the rejected ones who might be better for Australians. Be interesting to compare these figures against the profitability (or otherwise) of the companies they manage, as well as reviewing the fundamentals of these companies (customer and employee satisfaction etc). A Qantas spokesperson told Travel Weekly Joyce’s salary reflected the positive turnaround of FY17, which saw Qantas Group’s market value rise from $2.5 billion to about $10 billion, and its share price rise by around 350 per cent. That was an increase of 22.1 per cent. Well, in my opinion if a person is largely motivated by a huge salary, then they are there only for the money. Together they own at least 10% of most ASX 100 companies. (adsbygoogle = window.adsbygoogle || []).push({}); Domino’s Pizza Enterprises Limited (DPE) boss Don Meij, is the highest paid CEO in Australia, of an ASX200 company, earning a massive $36.84 million in the 2017 financial year. “If they’re not transparent and reflective of performance, we will be recommending that our members vote against those remuneration reports.”. By contrast, Treasury puts the median wage – the best measure for the earnings of an ordinary Australian worker – at just $55,063. Here in Australia we call that Democracy. Your comment is refreshing, Polly! All you have to do is stick at your job and work hard for … 669 years. That was up 12.4 per cent on last year. Here Are The Top 11 Highest Paid CEOs In Australia Dr. Amarendra Bhushan Dhiraj Executive Education October 17, 2018 October 19, 2018 Domino’s Pizza Enterprises Limited (DPE) boss Don Meij, is the highest paid CEO in Australia, of an ASX200 company , earning a massive $36.84 million in the 2017 financial year. This is the council’s 17th survey of chief executives’ pay. That’s what I’m saying, Horace Cope, half a dozen or more people in an electorate decide they will run for parliament but the party decides which candidate it will endorse. Actually that's how the Russian revolution exploded. 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While most Australians are experiencing stagnating wages, chief executives are doing better than ever, with pay up 12.4% for those running ASX 100 companies, to the highest level ever. Disclaimer Last year’s top-earning CEO, Qantas’ Alan Joyce, dropped down to eighth spot, with a pay packet of $11.2 million. All rights reserved. US, Switzerland, Netherlands, UK, Canada, Germany, Australia, Spain, Hong Kong and Singapore. The peasants, me included, are fed up with eating black bread and watered down cider while the few at the top gorge themelves on caviar and champagne. An example of this happened in the U.S. years ago when Chrysler Corporation got this hotshot CEO who earned huge bonuses because the share price increased so much due to the staff reductions he instigated. All rights reserved. Colin Goldschmidt, Sonic Healthcare ($10,017,376). Contracts are written and accepted and are usually based on performance with a bonus offered when budgets are exceeded. ... 2018, 04:28am EST. If this issue is not addressed voluntarily, we may need legislative intervention to give shareholders a greater say – such as we have seen in other markets, like the United Kingdom.”. When compared to the average full-time Australian salary of $84,661.20 per year – Mr Meij’s salary was almost 435 times the average worker’s earnings. Really - just how much money do you NEED to live comfortably on? He was paid $36.8m, followed by Peter and Steven Lowy at Westfield, who were each paid $25.9m, and Nicholas Moore at Macquarie Group, who earned $25.2m. If this issue is not addressed voluntarily, we may need legislative intervention to give shareholders a greater say – such as we have seen in other markets, like the United Kingdom. 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