Originally Posted by
KC135777
The arrogance of airline managers is amazing...They also talk about their underpaid situation, and how they can go elsewhere for more $$...How laughable!
Oh dear; if people don't get down from a high-horse attitude on the debate, then I fear it shall be a company going under, exactly what
Human Factor suggests - although I am sure he/she would never
reallywant to experience that.
To be quite harsh, the market for executives is extremely healthy, as is the compensation that the talented ones can earn elsewhere. What do you think a director of a private-equity owned company earns? The answer exceeds seven figures when their equity interests are sold...
Coming back to reality: yes, WW's comment in such a manner is foolish in front of an employee; yes, the company has money; and yes, management appear overpaid. But how is it to invest in capital to keep the money coming in if it all goes to NAPS; and who from the workforce is standing up to volunteer to replace this "bad" management? If you guys and girls are so good, why are you not in there, changing the management style yourselves?
The fact is that there has to be some reality to this, beyond "give me what I was promised" - remember that you are in the same workforce that failed to prevent the implementation of the BARP with a 4% contribution from the company to a DC scheme to new joiners. Why should they stand up for your pension rights, which, if enforced, will entirely obliterate any chance of them having an improvement in their terms.
This "hard talk" of forcing the issue with a strike is counterproductive 70s tosh. Take a lesson in finance, and realistically work out what you can afford to take from the company (something I dearly hope your unions are doing), and learn that the airline requires more than the pilots to keep the whole operation flying.
P.S. - I tire of this "beancounters" comment. When the day arises that you equate petty management to bad management, and not the hardworking accounting workforce, I will rejoice.