AAP General News (Australia)
02-27-2009
Fed: Huge pay rises for Pacific Brands execs but workers short
Executives at Pacific Brands gave themselves pay rises of up to 170 per cent .. as
they planned to sack more than 18-hundred workers.
The company's annual report reveals the package of chief executive SUE MORPHET .. who
announced yesterday that 18-hundred-and-50 of the company's jobs will be sent off-shore
.. rose from $685,775 to $1.86 million last year.
The Herald Sun newspaper reports this included a seven-fold rise in incentive payments
.. bonuses for axing jobs .. and came despite a 45 per cent drop in the share …
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