PPRuNe Forums - View Single Post - Air Services escalating salaries and bonuses........
Old 23rd Jun 2015, 01:38
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Slugfest
 
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CEO Direct - 15 June 2015

You may have seen an article in today’s The Australian newspaper falsely claiming that salaries for Airservices senior executives rose by more than 40 per cent in the last two years.

Let me assure you that this statement is completely incorrect and the correct information was provided to the journalist last week.

Airservices has today written to both the journalist and the Editor of The Australian requesting that they print a correction to this inaccurate and misleading article—view letter to the editor.

As you are aware, there are tough market conditions being faced by our customers and a range of efforts have been underway for some time to reduce our operating costs across the business.

These efforts have extended to the Executive group and senior leadership team and will continue. This included the implementation of an Executive pay freeze for the 2014–15 financial year and for the upcoming 2015–16 financial year.

Prior to the pay freeze, the average Executive remuneration for our senior executive rose on average 2.25 per cent for the 2013–14 financial year.

The Executive pay freeze is just one way we continue to demonstrate our financial restraint to our customers, industry and government.

Cost saving is all of our responsibility and this extends to the Executive and senior leadership team. I know that across our business we all continue to look for ways to work smarter and more efficiently and thank you for your ongoing efforts in this area.

Mark Rodwell
Acting Chief Executive Officer
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