The hypocrisy about this relates directly to the examples shown by senior executives themselves.
As they continue to demand a pay freeze, they fail to mention the amount of bonus shares they are entitled to under the long term investment plan.
Lets not for a minute think that the airlines results haven't been structured in a way to guarantee a success when it comes to achieving their bonuses.
The qantas annual report talks about the number of shares in the scheme, one has to wonder why the scheme has been loaded in a way since Nov 12 and beyond with upward of 25 million shares. Why???
And the arrogance of these people who think that it's fine not to acknowledge the schemes existence until challenge by some of the unions.
And then for Joyce to suggest that if pilots wanted a piece of the abhorrent scheme, they need a 30% base cut in their pay!
How about this one for all of us including Alan and every other senior executive in the joint, everyone gets paid a salary, no bonuses, and if you don't like it, well F^%% off!
Finally, every pilot in the group needs it to last longer than four years, that's why they need a future. The current awards, qantas and jestar, provide no security.
Security isn't an issue I suppose if you have your nose in the long term investment trough. Oink Oink.