Commonwealth Bank chief executive Matt Comyn received a $256,500 “people and leadership” bonus despite staff complaints about burnout, stagnant pay and difficult performance targets. The payment has intensified a dispute with workers and the Finance Sector Union, particularly as the bank reported a record profit of almost $11 billion and staff cuts reportedly reached 1,000.

The bonus scorecard rated Comyn at 120 per cent for people and leadership, contributing to a total remuneration package of $9.1 million. A dossier containing testimonies from 1,700 employees described financial pressure, resentment over executive rewards and concerns that the bank’s discretionary bonus system sets changing and unattainable targets; meanwhile, 3,000 staff reportedly signed a petition opposing the latest pay offer.