A few people have brought up the "efficiency" of Pilots in regards to the number of hours they fly compared to other companies Pilots. My question is whose responsibility is this?
Is this the Responsibility of Management to roster them to do more hours making them more efficient? Or if it is a regulatory concern then is it not the Responsibility of Management to seek a better FRMS that gives them the ability to roster better? Or are the Pilot group causing the inefficiency themselves by not accepting requests to fly more hours?
As far as I've been made aware by others working for Qantas the majority of them don't reach their Flight n Duty limitations therefore they have more hours to be used they simply aren't being used, so therefore shouldn't this be an issue where Management are not making sure the hours are being used as efficiently as possible?
Now I'm not great with Financial stuff (The fact that I used the word "stuff" should be enough evidence of this!) But I just had a quick look through the Qantas Annual Report 2013, what I noticed under "Expenditures" was Man Power and Staff Related which amounted to about $3.825 Billion, or about 24% of their Total Expenditures in that section,
(
Qantas Annual Report 2013)
After continuing to read through a bit (ie, Skim it cause it's a lot of voodoo to me!) we get to the KMP (Key Management Personnel) portion which lists their Short-Term and Long-Term Benefits, Other Long-Term Benefits, Termination Benefits and Share-Based Benefits which totaled to $16.899 Billion...
(
Qantas Annual Report 2013)
Is this correct? Is this report really telling us that this group of 17 KMP are worth (Whether through shares or direct salary) 4.4x the worth of all the other staff combined?! Or am I just misreading/over-simplifying it?