Despite the views of some who have questioned Dixon's remuneration, the basis for rewarding the QF senior management group has always been fully disclosed in the Annual Report.
The Joyce terms are not significantly different.
The hurdles look at peer group ( other airlines including
VB and Internationals) plus Australian bench marks, over short and longer ( 5 year ) terms.
To criticise you have to propose an alternative, practical method.
The QF numbers are not outrageous, in part because they are properly disclosed.
I just wish they had accepted my application for the top job a few years back.
