Spare a thought....

[HEATHROW DIRECTOR]

Spare a thought this Christmas for Richard Deakin, Nats Chief Executive, who must be worried sick at how he will cope next year on his paltry £1m salary.

[kcockayne]

HD

You seem to be forgetting that he's an expert !

[Talkdownman]

He's certainly a fanatical aircraft spotter...

[BOAC]

I assume the controllers and other staff will be having a collection to help him through? Is there a 'Swanick' deduction?

[Mantovani]

I imagine as long as the share dividends keep rolling in the Airline Group will keep employing him.

The bottom line is always the bottom line.

[GAPSTER]

BOAC...don't go making assumptions

[Gingerbread Man]

What an odd post to make, given that he hasn't complained about his income (to my knowledge). :confused:

[EastofKoksy]

Privatisation = endless pressure to cut costs, penny wise pound stupid decisions, short termism caused by obsession with targets, climate of fear with staff disciplined for trivial issues, soaring executive pay - who would have though it?

[BOAC]

BOAC...don't go making assumptions -?? All the controllers I have known have been warm-hearted, generous folk.:D

[Brian 48nav]

Does that mean it's my turn to buy the beers again when we next meet? ;)

[BOAC]

In a nutshell, yes...........Happy whatsit!

[ZOOKER]

Having watched the Transport Select Committee video, I cannot believe that Richard Deakin's 'bonus' is almost 3 times my annual whack as a validated area-radar controller, with 14 separate positions in my licence.

[octavian]

Get used to it Zooker old friend. Just see what EastofKoksy said in post 8.

[eastern wiseguy]

I fret over them when they retire.....how will they earn a crust then?
<angrysarcasm mode> off.

[Ceannairceach]

I'm very much looking forward to the new pay deal negotiations starting in January :E

[DC10RealMan]

If you want the best, you have to pay the going rate!

[EastofKoksy]

''If you want the best you have to pay the going rate". I guess the remark was ironic.

This is an old battle cry of those on the receiving end of bloated remuneration packages. Being CEO of a regulated monopoly with a 25 year franchise is hardly living on the front line of high risk dog-eat-dog capitalism is it?

Does the going rate in an organisation 49% owned by the UK deserve to be more than 5 times the remuneration of the head of government (CEO) of the UK?

[zkdli]

he gets a million and the Swanwick ATCOs only get 100,000 or so, damn shame

[obwan]

I hear there is talk of opening a food bank at Swanwick:D

[Mantovani]

People who criticise Deakin's remuneration should ask themselves what he actually gets paid for.

Does he get paid so much for running the monopoly enroute operation safely or does he get paid for running the monopoly enroute operation safely and delivering a dividend for the shareholders?

Deakin will continue to receive his large salary & bonus until he displeases over 50% of the shareholders.

I think he is one screw-up away from that.