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Out of touch much?
When news of CBA CEO Ralph Norris’ 80% pay rise broke last week I was flabbergasted, and wondered not for the first time what planet these people are living on?
Not the same planet inhabited by the rest of us mortals, struggling to make ends meet, and trying to keep our head above water while waves of interest rate rises, excessive bank fees and spiralling personal debt threaten to swamp us.
Not the same planet as the CBA employees who had to fight for nearly 2 years to negotiate a 4% pay rise, and still have their pay linked to ever increasing sales targets – sales of things like credit cards, personal loans and home loans.
When we reported this news to finance sector workers they were outraged. Many reported that their sales targets had more than doubled.
