This is a failure of both discipline and leadership.”The Australian Council of Trade Unions (ACTU) secretary Sally McManus also weighed in, tweeting: “Does anyone honestly think one person deserves $24mil/year when staff earn a fraction of this?” The officials working for government are entitled to have best possible facilities and they are assured their safety in any kind of circumstances. President of India gets consolidated salary of Rs. Becky Bohrer/AP Rick Bowmer/AP Scott Olson/Getty Images

Actually, I think a lot of people are like that,” the RBA boss said.“I don’t need the incentives.

The President rakes 2nd highest salary of all the government officials.

Scott Applewhite This includes a £480,000 salary, £252,000 in taxable benefits, and £5,000-a-week housing allowance. What the RBA governor had to say about today’s emergency rate cut. Cathy Bussewitz/AP Basic pay : ₹90,000/- annual increment ₹1,600/-. Learn more about the RBA The … But that’s the mindset that many businesses have,” Dr Lowe said.He said regular Australians would struggle to comprehend these staggering figures and called for the broader workforce to have “wage increases that start with a three (per cent)”.The release of the wages last week prompted ACSI CEO Louise Davidson to slam the country’s “culture of entitlement” among CEOs.“The way bonuses are being handed out suggests there is a culture of entitlement whereby supposedly ‘at-risk’ pay is not very risky at all,” she said, according to a release.“These payments occurred in a year when the royal commission was in full swing, revealing evidence that executives were not being held accountable for poor conduct, and in the wake of soaring ‘first strike’ votes against remuneration reports.“Clearly, corporate Australia is not getting the message that bonus payments should be variable and awarded for stretch performance, rather than being fixed pay under another name. Dave Kolpack/AP

Mr Swan wasn't told until almost a year after Mr Stevens got a $234,000 raise in October 2008. The RBA governor has slammed the extraordinary salaries of Australia’s CEOs after it was revealed last week Qantas boss Alan Joyce pocketed a staggering $24 million last year.

... with a salary of more than $1 million.


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