Bonus I and Remuneration

ceo: The CEO doesn't like referring to short-term variable remuneration as a bonus, according to Nine News Australia. I think it sends the wrong message, that it's something in addition to or part of just coming to work, he told the banking royal commission. To improve your experience update it here News NationalCBA to keep paying bonuses to staff7 59pm Nov 19, Bank boss Matt Comyn could eliminate the bonuses he admits have led to some staff doing the wrong thing by customers, but won't. Before he became CEO in April, Mr Comyn had touted a focus on holistic motivation by helping customers and being part of a winning team rather than just formal incentives. Nothing would need to happen other than for me to make a decision, he said on Monday. But as CEO he decided against moving away from a remuneration model that incentivises frontline staff through bonuses, despite accepting there were inherent risks of employees doing the wrong thing to secure their bonuses. (news.financializer.com). As reported in the news.