I noticed the other day that the CEO of another large well known Australian company just gave himself a 19% pay rise.This was despite the fact of a significant drop in profit and a corresponding drop in share price....
This shows that some at least of corporate Australia have not learnt the lessons of the current GFC.....
This is the 'Me' era and it applies to every level of society in which just about everyone wants to know what is in it for them.....
The problem is that the corporate sector actively engages in a course to limit what those below them earn while at the same time lining their pockets with every cent they can get...