PPRuNe Forums - View Single Post - MERGED: Alan Joyce and the room of mirrors
Old 8th Oct 2011, 22:43
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breakfastburrito
 
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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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