Let's look at another perspective.
Don't you think it's appropriate for a CEO to get paid an appropriate amount to the size of the company (assets and employees), the same way pilots get paid appropriately to the size of aircraft they fly (MTOW and passengers) ?
A CEO of a larger company (more assets/aircraft/employees) might have to work harder, will have more responsibilities and will have to manage more people and assets compared to a CEO of a smaller company, and so it's only appropriate they get paid more.
Qantas - assets = $17.2 billion, employees = 26,000, aircraft = 130
Delta airlines - assets = $60.3 billion, employees = 86,500, aircraft = aircraft = 911
Southwest airlines - assets = $26.2 billion, employees = 59,800, aircraft = 753
Here is the CEO pay again:
Qantas - $23.9 mil
Delta - $22 mil
Southwest - $11.3 mil
Does it make sense (is it fair) that Qantas is a much smaller than the other airlines yet the CEO earns so much more ?
Southwest airlines, more than double the size of Qantas yet the CEO only earns half as much.
Last edited by a_pilot; 18th Sep 2019 at 09:15.