No, you people have the faulty calculator. Mr Joyce received a
fixed pay of $2.04 million and $2.2 short term
incentives according to the SMH.
Fixed pay and incentives are not the same thing!
Therefore $2,040,000 / 5,840 hours (16 hours x 365 days) = $349 hourly rate. Incentives are at risk! - you can't take out a mortgage on incentives. Incentives are not pay, they are not "bankable". Repeat after me incentives are not pay.
When you factor in overtime,training, , superannuation, annual/sick/long service leave, allowances, sundries that's what an A380 Captain gets (standard rate = $269.16 per
credit hour) per
stick hour.
When are you people going to learn to compare apples with apples.
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