Life At The Qantas Trough
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Life At The Qantas Trough
The 2003 Qantas Annual report has just arrived and has some illuminating revelations for those watching the emergence of Low Cost Airlines within the Qantas group. For example, the Chief Executive of Australian Airlines had a whopping base salary increase of around 25%. His base for the year ended 30th June 2002 was $460,000. Twelve months later it had jumped to $577,500. Not bad, eh?
Furthermore, he appears to have been the only Executive to have scored a bonus. According to the report he collected $100,000 (yes, $100,000) as a "one-off, non recurring milestone payment during the year for the successful launch of Australian Airlines in October 2002." The report fails to indicate whether those lower in the Australian food-chain were paid a similar (or even lesser) one-off bonus but either way, it shows rather dramatically who is bearing the brunt of 'low cost' when it comes to Low Cost Airlines. The principle clearly fails to apply to everyone.
Just breat-taking, especially at a time when GD is preaching wage restraint and belt tightening all over the place: his base salary increased by more than 12% from $1.426m to $1.6m. Apart from the pigs at the top table, does anyone know of any salary increases enjoyed by others in the Qantas Group of the magnitude enjoyed by these two people? How can Dixon and his underlings preach restraint and so on when largesse at the top abounds? It is truly unconscionable. No wonder the unions and the worforce generally are concerned about the mixed messages they receive. And these people at the top wonder, often aloud, why no one believes them!
Furthermore, he appears to have been the only Executive to have scored a bonus. According to the report he collected $100,000 (yes, $100,000) as a "one-off, non recurring milestone payment during the year for the successful launch of Australian Airlines in October 2002." The report fails to indicate whether those lower in the Australian food-chain were paid a similar (or even lesser) one-off bonus but either way, it shows rather dramatically who is bearing the brunt of 'low cost' when it comes to Low Cost Airlines. The principle clearly fails to apply to everyone.
Just breat-taking, especially at a time when GD is preaching wage restraint and belt tightening all over the place: his base salary increased by more than 12% from $1.426m to $1.6m. Apart from the pigs at the top table, does anyone know of any salary increases enjoyed by others in the Qantas Group of the magnitude enjoyed by these two people? How can Dixon and his underlings preach restraint and so on when largesse at the top abounds? It is truly unconscionable. No wonder the unions and the worforce generally are concerned about the mixed messages they receive. And these people at the top wonder, often aloud, why no one believes them!
Moderate, Modest & Mild.
Yes disgusting - and outright greedy - but, of course, not unexpected!
Take him out of the QF system for 6 months, and see if anyone notices the (non) effect it has on the company's performance.
The above article needs to be copied, re-printed, and placed on every pax seat, on every flight, at the next slightest hint of further threat to staff conditions.
Take him out of the QF system for 6 months, and see if anyone notices the (non) effect it has on the company's performance.
The above article needs to be copied, re-printed, and placed on every pax seat, on every flight, at the next slightest hint of further threat to staff conditions.
Moderate, Modest & Mild.
The only thing sadder, would be someone who had the time to sit down and make that calculation. How dull and boring your wasted life must be, GT-R. And then to post his findings. Truly a waste of space.
And now - back to topic.
Let's see, Geoff's next plan is to replace as many full time positions with casuals isn't it.
After all, why NOT make Life as miserable for your fellow human beings as is possible.
Especially when one is doing it as TOUGH as he is! Barely eeking out a living, poor bu99er.
And now - back to topic.
Let's see, Geoff's next plan is to replace as many full time positions with casuals isn't it.
After all, why NOT make Life as miserable for your fellow human beings as is possible.
Especially when one is doing it as TOUGH as he is! Barely eeking out a living, poor bu99er.
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Knock me over wiv a feather.
Usin long divide it works out that this bloke Dixo makes $4,383.56 EVERY SINGLE DAY of the year!!!!
Even when he aint at work e's gettin $182.65 PER HOUR fer 24 hours evry day an nite.
Some folks dont even git that in a bl00dy week, what e gets in 1 hour!
Is ANYONE relly wirth THAT bl00dy much.
Lucky b@rsted.
Usin long divide it works out that this bloke Dixo makes $4,383.56 EVERY SINGLE DAY of the year!!!!
Even when he aint at work e's gettin $182.65 PER HOUR fer 24 hours evry day an nite.
Some folks dont even git that in a bl00dy week, what e gets in 1 hour!
Is ANYONE relly wirth THAT bl00dy much.
Lucky b@rsted.
GT-R what was the use of your post? Who is sad?
As for QF how can execs demand such massive restructuring and cutting and give themselves such rewards? Why do unions not make more of this shocking double-standard?
As for QF how can execs demand such massive restructuring and cutting and give themselves such rewards? Why do unions not make more of this shocking double-standard?
Whispering "T" Jet
NO Way "flight attendant". I would much prefer these guys to hold stock in Qantas than pay them the ca$h.
By being shareholders themselves, it
Plus, the 9 cents, fully franked, final dividend to shareholders was not a bad return.
By being shareholders themselves, it
aligns the interests of executives with shareholders, supports a culture of employee share ownership and acts as a retention initiative.
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Commanding a salary of this magnitude, Mr Dixon and his associates make a mockery of any calls they make, calling for wage restraint, and slashing of employee wages and numbers.
It is patently obvious that this is a clear example of an elitist, powerful few who are willing to abuse their positions to promote their own cause, at the expense of the majority.
The income quoted above, of $1,600,000 for 1 year, is more than the median income earner dreams of making in a lifetime.
The "trough" reference, and associted connotations, is suitably apt in the case of these QANTAS execs.
Despicable and gluttonous.
It is patently obvious that this is a clear example of an elitist, powerful few who are willing to abuse their positions to promote their own cause, at the expense of the majority.
The income quoted above, of $1,600,000 for 1 year, is more than the median income earner dreams of making in a lifetime.
The "trough" reference, and associted connotations, is suitably apt in the case of these QANTAS execs.
Despicable and gluttonous.
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Lets pay us all huge sums of money, do deals and cry poor to the minister for Qantas and co, get them on side to keep the big bad wolf SQ from coming and giving people what they want - that being real service and standards, then I'll pay myself a huge bonus at the expense of the travelling public.
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OK whilst we're at it guys what does Huttner,Chris Corrigan and that whingeing sack of happiness Brett Godfrey get paid pa?
How about some transparency there?
I'm sure it must be available or someone on this site knows how much?
While we're at it what about equivalent execs/CEO's at BHP/Comm Bank etc and their wages?
Personally I think it should be performance based with respect to bonuses but the CEO of AMP may disagree.
Now lets not get hot under the collar because someone does an executive job and gets paid hansomely for it - anyone here would do the same.
So if I were to offer the VB guys $240,000pa to fly a 737 you would knock it back???..................yeah right!!
How about some transparency there?
I'm sure it must be available or someone on this site knows how much?
While we're at it what about equivalent execs/CEO's at BHP/Comm Bank etc and their wages?
Personally I think it should be performance based with respect to bonuses but the CEO of AMP may disagree.
Now lets not get hot under the collar because someone does an executive job and gets paid hansomely for it - anyone here would do the same.
So if I were to offer the VB guys $240,000pa to fly a 737 you would knock it back???..................yeah right!!
But Brett Godfrey and the current Chief Pilot of VB used their expertise to create something wondeful for aviation. The Chief Pilot didn't use his own capital but his expertise in selling out his own just as good.
Timmee don't go there, many have tried before, but Virgin Blue executivies are just different in the eyes of the above protagonists.
Although recent grumblings from the VB pilot camp may indicate a change in sentiments.
Timmee don't go there, many have tried before, but Virgin Blue executivies are just different in the eyes of the above protagonists.
Although recent grumblings from the VB pilot camp may indicate a change in sentiments.
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Dear Fright Att.,
Great idea and good train of thought, voting NO! but with the huge bonuses come nice increases in their shares, so they can outnumber any such vote alone (thats what happened last year).
Worth a go though because this double standard makes me absolutely
... especially when outsourcing to cheaper Kiwi labour too.
Great idea and good train of thought, voting NO! but with the huge bonuses come nice increases in their shares, so they can outnumber any such vote alone (thats what happened last year).
Worth a go though because this double standard makes me absolutely
... especially when outsourcing to cheaper Kiwi labour too.
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OK whilst we're at it guys what does Huttner,Chris Corrigan and that whingeing sack of happiness Brett Godfrey get paid pa?
top Australian earners at $12 million for the past year. I presume
this would include shares and bonus.
Wirraway
So Godfrey makes five times more than Dixon!
He pays his pilots 40% less but calls them "mate".
What an aviation sodomite!
Would the good Kapt M please superimpose a bent over Virgin pilot in front of his pig at the trough.
Or tell me it's different!
He pays his pilots 40% less but calls them "mate".
What an aviation sodomite!
Would the good Kapt M please superimpose a bent over Virgin pilot in front of his pig at the trough.
Or tell me it's different!
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Not sure whether this is for the past year or total wealth.
Wirraway
BRW Sept 9
The Young Rich List
John Ilhan - $200m
Michael Boyd - $160m
Peter Hill - $160m
Edmund Groves - $146m
Evan Thornley - $135m
Nicole Kidman - $123m
Matthew & Nicole Perrin - $107m
Steve Outtrim - $73m
Craig Winkler - $71m
Greg Goodman - $66m
Aidan & David Tudehope - $66m
Elle Macpherson - $61m
Barb de Corti - $60m
Michael Gordon - $57m
Danny Wallis - $56m
Nick Noutsatos - $54m
Angus & Richard Grinham - $50m
John McGrath - $50m
Andrew & Paul Bassat & Matthew Rockman - $40m
Russel Crowe - $40m
Elias Jreissati - $40m
Darren Hayes & Daniel Jones - $39m
Harry Kewell - $39m
Gary Ebeyan - $37m
Jason Hart - $36m
Luc Longley - $36m
Maxine Horne & David McMahon - $35m
Pat Rafter - $35m
Kylie Minogue - $34m
Sonia Amoroso & Peter Nicholas - $25m
Robert Clark - $25m
Andrew Barlow & Adrian Giles - $25m
Grant Kenny - $23m
Lleyton Hewett - $22m
George Holman - $21m
Mark Chiba - $20m
Collette Dinnigan - $20m
Sherman Ma - $19m
Mark Barnaba - $18m
Natalie Bloom - $17m
Tom Potter - $17m
Cate Blanchett - $15m
Gordon Fell - $15m
Will Ricker - $15m
Janine Allis - $14m
Douglas Carlson - $14m
Suzi Dafnis - $14m
Daniel Haigh - $14m
Karrie Webb - $13m
Brett Godfrey - $12m
Jo Horgan - $12m
Robert Newman - $12m
Guy Pearce - $12m
===========================================
Wirraway
BRW Sept 9
The Young Rich List
John Ilhan - $200m
Michael Boyd - $160m
Peter Hill - $160m
Edmund Groves - $146m
Evan Thornley - $135m
Nicole Kidman - $123m
Matthew & Nicole Perrin - $107m
Steve Outtrim - $73m
Craig Winkler - $71m
Greg Goodman - $66m
Aidan & David Tudehope - $66m
Elle Macpherson - $61m
Barb de Corti - $60m
Michael Gordon - $57m
Danny Wallis - $56m
Nick Noutsatos - $54m
Angus & Richard Grinham - $50m
John McGrath - $50m
Andrew & Paul Bassat & Matthew Rockman - $40m
Russel Crowe - $40m
Elias Jreissati - $40m
Darren Hayes & Daniel Jones - $39m
Harry Kewell - $39m
Gary Ebeyan - $37m
Jason Hart - $36m
Luc Longley - $36m
Maxine Horne & David McMahon - $35m
Pat Rafter - $35m
Kylie Minogue - $34m
Sonia Amoroso & Peter Nicholas - $25m
Robert Clark - $25m
Andrew Barlow & Adrian Giles - $25m
Grant Kenny - $23m
Lleyton Hewett - $22m
George Holman - $21m
Mark Chiba - $20m
Collette Dinnigan - $20m
Sherman Ma - $19m
Mark Barnaba - $18m
Natalie Bloom - $17m
Tom Potter - $17m
Cate Blanchett - $15m
Gordon Fell - $15m
Will Ricker - $15m
Janine Allis - $14m
Douglas Carlson - $14m
Suzi Dafnis - $14m
Daniel Haigh - $14m
Karrie Webb - $13m
Brett Godfrey - $12m
Jo Horgan - $12m
Robert Newman - $12m
Guy Pearce - $12m
===========================================
Moderate, Modest & Mild.
"Or tell me it's different!"
In actual fact, Gnadenburg, perhaps you put the cart before the horse asking that question, as in your previous post you opened with, "But Brett Godfrey...used (his) expertise to create something wondeful for aviation.".
Quite so! It was Brett Godfrey`s OWN business plan that was used to CREATE & GROW VB from nothing.
The VB staff have seen some IMprovements over time.
OTOH, Herr Dixon`s strategy would appear to be one of (as stated by Foreign Worker) "abus(ing) their positions to promote their own cause, at the expense of the majority.", ie. degrading the incomes of the workers at the coalface with the one hand, whilst scooping the money saved and pocketing it himself, with the other.
Let`s face it, with the resources behind QANTAS - financial and personnel - just how hard is Dixon`s job?
I`m sure that there is another Dixon - initial 'M' - who could just have successfully started an "Australian Airlines" of his own, given access to the same resources.
However, it is the sheer hypocrisy of Herr G. Dixon, who willingly accepts an INcrease to his already extremely high salary, but demands a DEcrease of many who are earning less than 5% of his.
In actual fact, Gnadenburg, perhaps you put the cart before the horse asking that question, as in your previous post you opened with, "But Brett Godfrey...used (his) expertise to create something wondeful for aviation.".
Quite so! It was Brett Godfrey`s OWN business plan that was used to CREATE & GROW VB from nothing.
The VB staff have seen some IMprovements over time.
OTOH, Herr Dixon`s strategy would appear to be one of (as stated by Foreign Worker) "abus(ing) their positions to promote their own cause, at the expense of the majority.", ie. degrading the incomes of the workers at the coalface with the one hand, whilst scooping the money saved and pocketing it himself, with the other.
Let`s face it, with the resources behind QANTAS - financial and personnel - just how hard is Dixon`s job?
I`m sure that there is another Dixon - initial 'M' - who could just have successfully started an "Australian Airlines" of his own, given access to the same resources.
However, it is the sheer hypocrisy of Herr G. Dixon, who willingly accepts an INcrease to his already extremely high salary, but demands a DEcrease of many who are earning less than 5% of his.
Kaptin M - I think your judgement is being clouded by your ill feelings towards Qantas & your support for your former colleagues who are with DJ.
You state that Quite so! It was Brett Godfrey`s OWN business plan that was used to CREATE & GROW VB from nothing.
And what might that be? Start up a business with ridiculously where you pay staff ridiculously low wages, but employ well paid PR staff to make them think they they are 'keeping the air fair' in sticking it to the established competition?
Some would argue that this is smart business sense - I guess each is entitled to his own opinion. However, in the very next paragraph, you let fly by describing Geoff Dixon as : degrading the incomes of the workers at the coalface with the one hand, whilst scooping the money saved and pocketing it himself, with the other.
Given the relative salaries (& associated packges) of the 2 men, and the relevant pay levels of their workforces - who would appear to be degrading the incomes of the workers at the coalface with the one hand, whilst scooping the money saved and pocketing it himself, with the other to the greatest extent? I'll give you the answer - it's not Dixon, but the other guy...
It is obvious that Goddfrey, Huttner et al stand to make an absolute fortune when DJ is floated (could this be the reason they are so keen to push ahead with a float despite the current downturn in the aviation market?). And at the end of the day, they have done so all at the expense of their staff.
Is it hypocrisy that Godfrey et al stand to make millions from the float of DJ early next year (after having received a hefty bonus in the form of a very well priced real estate deal not too long ago - DJ island anyone?) on one hand whilst on the other hand claiming that their already low paid staff are now too expensive to compete & therefore need to be relaced by overseas based crew...? I put it to you that it is
Perhaps it's time you took off the blinkers and looked at it from a different point of view...
p.s. I'd be most interested in what improvements DJ staff have seen over time, particularly in light of the recent launch of Pacific Blue...
You state that Quite so! It was Brett Godfrey`s OWN business plan that was used to CREATE & GROW VB from nothing.
And what might that be? Start up a business with ridiculously where you pay staff ridiculously low wages, but employ well paid PR staff to make them think they they are 'keeping the air fair' in sticking it to the established competition?
Some would argue that this is smart business sense - I guess each is entitled to his own opinion. However, in the very next paragraph, you let fly by describing Geoff Dixon as : degrading the incomes of the workers at the coalface with the one hand, whilst scooping the money saved and pocketing it himself, with the other.
Given the relative salaries (& associated packges) of the 2 men, and the relevant pay levels of their workforces - who would appear to be degrading the incomes of the workers at the coalface with the one hand, whilst scooping the money saved and pocketing it himself, with the other to the greatest extent? I'll give you the answer - it's not Dixon, but the other guy...
It is obvious that Goddfrey, Huttner et al stand to make an absolute fortune when DJ is floated (could this be the reason they are so keen to push ahead with a float despite the current downturn in the aviation market?). And at the end of the day, they have done so all at the expense of their staff.
Is it hypocrisy that Godfrey et al stand to make millions from the float of DJ early next year (after having received a hefty bonus in the form of a very well priced real estate deal not too long ago - DJ island anyone?) on one hand whilst on the other hand claiming that their already low paid staff are now too expensive to compete & therefore need to be relaced by overseas based crew...? I put it to you that it is
Perhaps it's time you took off the blinkers and looked at it from a different point of view...
p.s. I'd be most interested in what improvements DJ staff have seen over time, particularly in light of the recent launch of Pacific Blue...