Bosses gain ‘unearned’ bonuses

EXCLUSIVE LEADING Australian companies are hiding payments to their senior management teams by paying dividends on performance shares, meaning executives are getting a return on performance stock to which they may never be entitled. Wesfarmers, Emeco, UGL and Perpetual are among the companies making such payments. A spokesman for Emeco told BusinessDay on Friday that … Continue reading Bosses gain ‘unearned’ bonuses