October 26, 2020
If it were a private business, and 4 of the team closed a $30m deal, the $20k they paid for 4 Cartier watches (or whatever the actual price was) would be nothing compared to the commissions they would / should have earned.
Maybe if the public sector treated great talent better, they would attract the cream of the crop (which is what we need for public services).
According to ABC News Australia, “the executives secured a lucrative deal with CBA, NAB and Westpac to offer banking services within postal offices… this deal saved the licensed post office network.”
I remember when Australia Post was losing out to the courier companies with ecommerce (because it didn’t deliver a good experience) – today 3 out of 4 direct-to-consumer deliveries are shipped via Australia Post.
That deserves to be rewarded.
With what’s playing out in the media right now, anyone who is ambitious and wants a salary and perks to match the value they bring to the table will think twice before joining the public sector. And that isn’t a good development for our public services.
But that’s just my opinion.
Director + Co-Founder at Webprofits
Alex Cleanthous is Director + Co-Founder at Webprofits, Australia’s #1 DTC and ecommerce marketing agency. He’s spent over 20 years helping brands scale faster through smarter strategy, sharper creative and relentless testing. Alex also hosts the Growth Manifesto Podcast, where he interviews the world’s top business minds about the strategies that drive real, lasting growth.
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