Pandemic-Hit Qantas Weighs New Pay Structure to Keep Key Executives

Pandemic-Hit Qantas Weighs New Pay Structure to Keep Key Executives
A Qantas plane takes off from the Sydney International airport on May 6, 2021. Saeed Khan/AFP via Getty Images
Reuters
Updated:

SYDNEY—Qantas Airways Ltd said on Friday it was considering new ways to structure pay to ensure it could retain key executives as it enters the third financial year affected by the pandemic-driven slowdown in travel.

Qantas Chairman Richard Goyder said executives had faced a high workload with no annual bonuses for the last two years, and a continued wage freeze at a time when attrition was rising across the airline.