Originally Posted by iamthecreaturefromuranus

Christ almighty. Thatchers children speak.

"Executive pay rose by an average of more than $940,000 or 17.2% over the past year, while the annual wage of a full-time worker rose by just $3200, or 5.2%"

"Profits soared by 27.5% in the last 12 months to a record share of the national economy, while wages’ share is the lowest since 1964"

http://www.actu.org.au/Media/Mediare...geworkers.aspx

Originally Posted by Centurion

So, people have been slating the CEO. What would you do then differently, assuming that :

1. You already pay the highest wages in the industry by a long chalk.
2. Your international business already haemorrhages money annually because of the huge costs of being based in Australia & will probably go out of business anyway within 3 years unless radical reform takes place.
3. Unions are now demanding not only 3-5% pay increases but demanding that you legally bind yourself to ensuring that you cannot outsource or expand overseas.
4. You have strikes happening weekly and your brand is already damaged with no possible end in sight.
5. The serving PM whose very existence depends on the goodwill of her union backers wrote the legislation you have to work within.

Really. I admire the bloke for having some balls in an impossible situation to bring it all to head.

Still think Qantas internationally will die. It's just not viable. It just costs too much for the product in a globalised marketplace.

Originally Posted by sonlymewalter

Firstly I would have held off with any talk about a wage rise for the ceo until the time was right. Which clown thought that was PR and for a CEO to even go there makes him an even bigger clown. Timing was shite and that's an understatement

The Union requests are out of order and not in line with the real world. No one anywhere gets a job for life these days. They need bringing back into line and if they can't come to the table sensibly, the law should intervene. The arbitration process should lend itself to ensure deals are beneficial to the customer, the worker and the company and slowly force out union requirments. Unions are outdated and in Austoo powerful but they've been a neccesary evil as Aussie companies (generally) are not accountable for the way they behave. Culturally the way business operates here is shoddy and it's *deeper* than a few union spats here and there. We need to smarten up management practice and encourage workers councils who are more even handed however union and corporate *behaviour* needs to be protected by a strong legal process forcing all parties to compromise.

The serving PM should take a closer look at her own lousy policies that clearly exaserbate poor union and corporate behaviour. A reconcilliation process needs to ensure the final decision is made within good time so as to not get out of hand and to stop both parties being unreasonable. This is especially important when it involves the closure of a major airline affecting so many people. Any business/ Union issue that has major ramifications needs to have a third party interventioin to avoid this kind of moronic behaviour, someone who represents all parties concerned i.e. cusomter, company & workers in equal meaure.

At the end of the day this was a poorly managed dispute and it became a political football and all it did was leave egg on everyone's faces. It's damaged customer goodwill and global credibility and with everyone screaming "it's not my fault gov" no one learns a darn thing

Originally Posted by spalen

this always makes me laugh - the ceo salary as a multiple of the worker.

frankly- if my ceo earned anything in relation to what I earn - I'd leave. I want the guy at the top to be paid on par with his peers, to not have to worry about his gas bill, and to be 100% focused 100% of his time on the job at hand in steering the company.

These guys work an impossible schedule and have every part of their life scrutinised. Why shouldnt they earn a huge buck. They are exceptional people by dint of the fact there are far fewer of them than there are any other type of job/worker.

Originally Posted by IvanM

I did not mention his pay as a multiple of the worker. It was his pay rise in the opposite direction of the share price and earnings. Do as I say not as I do.

Originally Posted by IvanM

Surprisingly the remuneration got 96% support at the AGM.

Originally Posted by Centurion

So, people have been slating the CEO. What would you do then differently, assuming that :

1. You already pay the highest wages in the industry by a long chalk.
2. Your international business already haemorrhages money annually because of the huge costs of being based in Australia & will probably go out of business anyway within 3 years unless radical reform takes place.
3. Unions are now demanding not only 3-5% pay increases but demanding that you legally bind yourself to ensuring that you cannot outsource or expand overseas.
4. You have strikes happening weekly and your brand is already damaged with no possible end in sight.
5. The serving PM whose very existence depends on the goodwill of her union backers wrote the legislation you have to work within.

Really. I admire the bloke for having some balls in an impossible situation to bring it all to head.

Still think Qantas internationally will die. It's just not viable. It just costs too much for the product in a globalised marketplace.

Originally Posted by Banksia

Not really. Apparently he has taken pay cuts over the last two years and is earning less than he was at JetStar and less than the Virgin CEO gets and less per hour than A380 pilots.

Tell, or at least be informed about, the full facts.

Originally Posted by Banksia

Not really. Apparently he has taken pay cuts over the last two years and is earning less than he was at JetStar and less than the Virgin CEO gets and less per hour than A380 pilots.

Tell, or at least be informed about, the full facts.

Originally Posted by iamthecreaturefromuranus

A man walks into an office and tells his staff...

"You lot are a bunch of lazy, overpaid *****. I'm going to sack thousands of you and those I keep on are going to have to put up with shitty pay and even ****ing worse conditions.... and if you don't like it, you know what you can do... now **** off back to work before I get a load of Indians in to do your job"

They people in the office are somewhat stunned by this and think that if they stick together they might be able to fight this and keep their jobs and current conditions.....

The people outside the office, with their ears pressed against the glass think to themselves.... "this man is a ****ing genius.. these people ARE all lazy *****... they're nothing like me at all and really do deserve to be treated like shit. I hope he sacks the ****ing lot of them and gives all the work to some useless ****ing Indian... at least it will mean I save $20 on my next flight"


If you lot, really believe the shit you're posting and really think that its all the fault of the QANTAS staff, then I truly am posting on the wrong site.

Originally Posted by Banksia

And in dollar terms airline fares have barely increased for decades while increasing amounts of the ticket price are consumed by greedy taxes and charges. Check them out when next getting a quote for travel.

Meanwhile the unions can announce a stoppage causing flight cancellations, then call off the stoppage and keep getting paid. Doesn't the playing field need a bit of levelling or can we live without the international flying kangaroo?

Originally Posted by IvanM

There are better run airlines that can take Qantas place. Can Austalians divorce their patriotic emotions from what will be RedQ, QAsia or whatever form it will take?

Originally Posted by Amazulu

I've never understood the concept of 'national' airlines, especially now that most of them are privately owned. Why is BA more representative of the UK than say Virgin Atlantic? Why should Qantas asymbol of Australia and not Virgin Australia? Because it's got a Kangaroo on it's tail? Air France, Alitalia, Air New Zealand etc have all been bailed out by their respective governments. They are like some protected species.