Qantas CEO Alan Joyce accused of setting 'unchallenging' goals to receive million dollar payment

If the airline meets these goals, CEO Alan Joyce will pocket $4million in shares Includes goals such as returning the airline to profit by end of financial year The scheme features performance targets not 'challenging', according to ISS Qantas shareholders are being urged to vote down a scheme under which CEO Alan Joyce would receive a bonus payment worth millions. Investors were advised to vote down the carrier's 'executive retention scheme' by major proxy firm ISS at an AGM last Friday, according to the Sydney Morning Herald. Qantas CEO Alan Joyce has been accused by major proxy firm, ISS, of not setting 'challenging' performance targets under a bonus scheme If the airline achieves those goals, Mr Joyce will receive 698,000 performance rights on shares - or about $4million at the current share price. The airline's shareholders were recommended by ISS to reject the executive retention scheme at an AGM meeting on Friday Qantas's return to profitability comes despite ongoing complaints from customers about the airline's service It comes as Qantas reported a return to profitability after five consecutive half-year losses.