Originally Posted by
Steely Dan
...$200k, 1% pay rises and no credit for Reserve duties....mmmm. If this is voted up, it sets the path for the entire industry.
Half the industry is already there. I mean the Star is about 15 years behind in remuneration, Rex uses that as its pawn and takes another 10% off. That place will probably struggle to make money so forget any increases there for ever and ever. The star bosses will soon think they are paying too much! Will bite them on the @rse when everyone pisses off later this decade for the big twins when dollars are upped abroad.
Short Term haircuts folks.