Article 5E9AW NBN Co paid staff and executives $77m in bonuses in last six months of 2020

NBN Co paid staff and executives $77m in bonuses in last six months of 2020

by
Josh Taylor
from Technology | The Guardian on (#5E9AW)

Labor says the payments are offensive' given the cost of the NBN has blown out by $6bn and there's been a nationwide recession

The government-owned company responsible for building and operating the National Broadband Network paid its staff and executives $77m in bonuses between July and December last year, new documents reveal.

New data released to the Senate in response to questions on notice from a Senate estimates committee reveal NBN Co paid $4.3m in bonuses to executives including the CEO, and paid employees $73.2m in bonuses between July and December 2020.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments