freediver wrote on Sep 11
th, 2018 at 9:38pm:
I think this fascination with CEO salaries is just tall poppy syndrome. A well paid CEO is not draining money from employees, but shareholders. The people who decide the CEO's salary are the same people who fork out the money to pay for it.
Why does anyone need that much money for being head clerk and running a few meetings? It's not as if they actually do much or make grand decisions all on their own.....
The Fuhrerprinzip doesn't really work, you know... people like this jerk are merely the sum of their workers.... and in Joyce's case the majority of the decisions for change had already been made - anybody can make a profit after a couple of years of re-tooling, once the furore has died down and it's all just operations again.
As for chopping staff and offshoring work - those are chicken feed and just petty grabbing for a few dollars to make it look good, and bring with them the problems of lowering standards to the Third World out there.
This is Australia, son - we work on the principle that looking after your people means a better result over the long term, not some flashy mardi gras style of management that looks good for five minutes.
“Organisation doesn’t really accomplish anything. Plans don’t accomplish anything, either. Theories of management don’t much matter. Endeavours succeed or fail because of the people involved. Only by attracting the best people will you accomplish great deeds.”- Colin Powell, former US Secretary of State.
Replacing the best pilots with third worlders is hardly a good start.. ya reckon? Offshoring to the third world the mechanical stuff is hardly inspiring to passengers, eh?