a reduction in the take home pay of the Qantas Group CEO by 36 per cent this financial year
Like hell the Leprechaun will be taking a pay cut - any cut in "take home pay" will be well and truly made up with share options and other contra deals.
An interesting bit in the "fact sheet" linked a few posts ago...........
The Qantas Group has indicated that our investment is small in the context of the Group (approximately $300 million in invested capital, which is less than the price of one A380 and the opportunities for Jetstar in Asia are significant
$300mil "invested" (wasted) is insignificant in the context of the group yet a loss of $252mil means the sky is falling?
I mean if $300m is less than the price of 1 A380 then $252m is even more lesserer than 1 A380.
I am confused