Qantas boss paid nearly $2m last year

Qantas boss Alan Joyce was paid almost $2 million in the past financial year, while thousands of the airline’s staff were cut due to the effect of COVID-19.

Mr Joyce’s pay of $1.98 million was about 80 per cent less than his pre-pandemic annual earnings of about $10 million, according to Qantas’ annual report.

The airline chief took home a little more than the $1.74 million he collected the previous financial year, when COVID-19 spread across the globe.

Chairman Richard Goyder said board members were considering a bonus for all employees next year.

Qantas has a two-year wage freeze for employees to conserve money while travel demand is low.

Qantas shares on the ASX were higher by 1.28 per cent to $5.52 at 1449 AEST.