Qantas Offering $3,600 Stock Bonuses to Stem Staff Exodus
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Qantas Airways Ltd. is offering 20,000 workers shares worth more than A$5,000 ($3,600) if they stay at the airline for another 18 months, part of a battle to stem an outflow of staff since the pandemic.
Eligible non-executive employees will receive the rights to 1,000 new Qantas shares that will convert into stock in August 2023, the airline said Thursday. Staying with the carrier until then is a key condition of the handout, which is part of a “retention and reward program,” the airline said.