Friday, 16 July 2021 14:38

Only one in ten front-line NBN workers received a bonus

By

The federal opposition has issued a media release questioning statements by Minister Paul Fletcher on the topic of NBN staff bonuses.

A media release from Michelle Rowland MP (pictured), Shadow Minister for Communications, and Senator Kimberley Kitching, Shadow Minister for Government Services and the NDIS, in full follows:

"If making things up about the NBN and being caught out was an Olympic sport, Minister Fletcher would be deserving of a gold medal."

During a press conference on 18 February the Minister claimed that “a substantial proportion of those [$78 million in NBN] bonuses were paid to front-line staff”.

This wasn’t simply an exaggeration.

It was the latest instalment of sheer rubbish by a shifty Minister who makes it up as he goes.

Data supplied by NBNCo shows only 179 out of 1,761 NBN employees earning under $100,000 received a bonus in financial year 2020.

This means a staggering 9 in 10 NBN employees earning less than $100,000 received no bonus at all.

Furthermore, despite comprising nearly 30 per cent of total employees, this cohort of 1,761 staff received less than 2 per cent of the $78 million bonus pool.

NBNCo also perversely cut the payments rates of small business sub-contractors by up to 30 per cent earlier this year.

In contrast, the NBNCo Board awarded 775 company executives earning over $200,000 an average taxpayer-funded bonus of $50,000 each during the recession.

This happened despite NBNCo hiding $1.5 billion in cost blowouts, concealing a larger than expected $7.4 billion cash flow loss, and setting themselves misleading revenue targets.

Something is terribly wrong when the Board of a publicly owned enterprise operates with such contempt for taxpayers and community expectations.

Background

Schedule A of the NBNCo and CEPU Technical Employees Agreement publishes salaries of call centre staff, network engineers and advanced telecommunications technicians as ranging from $61,036 to $87,891.

A Senate Question On Notice (question 13) states 179 employees earning less than $100,000 in FY2020 received a bonus. The NBNCo CEO said at a subsequent Senate hearing that NBN actually employed 1,761 people in that salary band in FY2020.

Senator KITCHING: How are we going on the band zero to $100,000?

Mr Rue: I have the answer for you. I don't have the zero to $50,000 and the $50,000 to $100,000.

Senator KITCHING: That's okay. I'll take the zero to $100,000.

Mr Rue: I've been advised for 30 June 2019 there were 1,855 employees that had a base salary of less than or equal to $100,000 and for 30 June 2020 that number was 1,761. "

Media release ends.

For my thoughts on this please see my editorial, 'One-in-ten' political beat-ups still the norm for the NBN.


Subscribe to ITWIRE UPDATE Newsletter here

GRAND OPENING OF THE ITWIRE SHOP

The much awaited iTWire Shop is now open to our readers.

Visit the iTWire Shop, a leading destination for stylish accessories, gear & gadgets, lifestyle products and everyday portable office essentials, drones, zoom lenses for smartphones, software and online training.

PLUS Big Brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.

Products available for any country.

We hope you enjoy and find value in the much anticipated iTWire Shop.

ENTER THE SHOP NOW!

INTRODUCING ITWIRE TV

iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.

SEE WHAT'S ON ITWIRE TV NOW!

BACK TO HOME PAGE
Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments