Performance based pay. I suppose youre familiar with that business term. Strange thing, like a lot of other principles, its a double standard. It applies to employees but not employers. Qantas is $2.84 BILLION in DEBT. Yet, CEO Alan Joyce (amazingly) has still got a job. Back in 2011 when Qantas losses were a mere $200 million in debt the shareholders gave him a SEVENTY PERCENT pay rise. This was after cutting thousands of Qantas jobs. Why is this incompetent still in the chair?
Posted on: Sat, 30 Aug 2014 08:26:48 +0000