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Old 5th April 2007 | 06:45
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oriental flyer
 
Joined: Dec 2005
Posts: 382
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From: Hong Kong
Pay rises

Yup I thought that would get your attention, but unfortunately not for us just the directors.

In yesterdays SCMP there was an article relating to Tony Tyler and Philip Chen who received 18% and 9% pay rises respectively . Bringing their salaries to just a little a little over HK$ 10 million each plus a HK$ 4 Million bonus for last years profits . This year's bonuses have yet to be announced but I suspect that they will be large.

I have no argument with what they earn, if you can get someone to pay you that much good luck to you. However when management bonuses equate to 40% of a yearly salary it makes our profit share seem very one sided. or am I the only one that thinks this way?
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