CEO Salary Survey

The tougher business climate has prompted some WA companies to cut executive salaries, but most have held the line and some have even awarded pay rises.

There is very weak correlation between remuneration levels at WA’s major contractors and the performance of their underlying businesses.

Five Western Australian companies have sought to manage costs by cutting either salaries or board positions during the past month.

The latest numbers from Western Australia’s listed gold miners show they remain under pressure from rising costs and a falling global gold price, with some local producers concerned that changes to the state’s royalty system might erode margins beyond break-even.