Merged: GD gives himself an outgoing payrise!
Join Date: Oct 2007
Location: gold coast QLD australia
Age: 86
Posts: 1,345
Likes: 0
Received 0 Likes
on
0 Posts
Geoff, if you read this forum, and you probably do along with Qroom, how about you consider a piece of that golden handshake of yours goes to the RFDS after their great work the other day for the PAX of the A330, and also Careflight. Oh and whilst on the subject, a quick recovery to all pax, cabin crew, and the F/O who scored some fairly nasty injuries.
No single thing would do more to improve the moral of Qantas staff than the scrapping of the executive bonus scheme. They (the executives) would then be in the same position as the rest of the staff in Qantas. Do your job properly and well or go. It is a disgraceful scheme and has done untold damage to the airline and made the various sections of the airline disfunctional as no one department cares about the ramifications its decisions have on another department in Qantas. All they care about are KPIs and therefore their bonus's.
Join Date: Jun 2007
Location: Marion, South Australia
Age: 80
Posts: 183
Likes: 0
Received 0 Likes
on
0 Posts
RedTBar
So Mike what part of GD's team do you work in?
Quote:
He would't care 'two hoots of a brass razoo' about what any one thinks about him and his final pay
Mate I think you will find that is exactly the point of this thread!
It also seems to be fairly consistent with the attitude of a number of CEO's around the world.
No, but knowing these type of people as I do, they care for only one thing in this world and that is themselves and they have absolutely no hesitation whatsover in tramping over everything in their way to get what they want ( and more) if they can.
All is never enough for them
'you got it, they'll take it'
Mike
So Mike what part of GD's team do you work in?
Quote:
He would't care 'two hoots of a brass razoo' about what any one thinks about him and his final pay
Mate I think you will find that is exactly the point of this thread!
It also seems to be fairly consistent with the attitude of a number of CEO's around the world.
No, but knowing these type of people as I do, they care for only one thing in this world and that is themselves and they have absolutely no hesitation whatsover in tramping over everything in their way to get what they want ( and more) if they can.
All is never enough for them
'you got it, they'll take it'
Mike
Join Date: Oct 2007
Location: gold coast QLD australia
Age: 86
Posts: 1,345
Likes: 0
Received 0 Likes
on
0 Posts
I assume you mean pear shaped!
Interesting article in the Australian yesterday (Aviation) where the kiwis are including the execs along with the chief pilot in day to day jobs, if you are to believe the CP he has just finished changing 7 wheels on a maggot (under lame supervision) now I would personally do anything to see the same at QF, in fact I would take a comfortable chair, a few lighties and a couple of sangas and sit all day and consider it great entertainment!
Interesting article in the Australian yesterday (Aviation) where the kiwis are including the execs along with the chief pilot in day to day jobs, if you are to believe the CP he has just finished changing 7 wheels on a maggot (under lame supervision) now I would personally do anything to see the same at QF, in fact I would take a comfortable chair, a few lighties and a couple of sangas and sit all day and consider it great entertainment!
Thread Starter
Join Date: Oct 2002
Location: S/E Australia
Posts: 210
Likes: 0
Received 0 Likes
on
0 Posts
Great! - if indeed they do read these posts - and i hope they do, most would agree that the day GD dies and moves along the 'DEATH ONE DEPARTURE' route guided by the Grim Reaper, (and he most certainly will) many people will in fact be relieved and yelling HIP HIP HOORAY!
Not too many people will remember that piece of **** for any good deeds.
Not too many people will remember that piece of **** for any good deeds.
Join Date: Feb 2005
Location: Sydney
Posts: 48
Likes: 0
Received 0 Likes
on
0 Posts
Would Dixon fly QF?
When he does go and starts to spend his hard-earned $$$, what airline do you think he will start to use when jeting off overseas?
Would he fly with QF? Does he have faith in their maintenance standards? Does he like the service? What about the meals?
How would he be accepted on board?
Or will he fly SQ? CX, etc?
When he does go and starts to spend his hard-earned $$$, what airline do you think he will start to use when jeting off overseas?
Would he fly with QF? Does he have faith in their maintenance standards? Does he like the service? What about the meals?
How would he be accepted on board?
Or will he fly SQ? CX, etc?
Join Date: Sep 2005
Location: australia
Age: 59
Posts: 425
Likes: 0
Received 0 Likes
on
0 Posts
during the recent industrial action fog was due to travel to singapore on QF31.
due to a/c probs he flew with BA as QF 5 does not have !st class.
when travelling !st class with QF he does not eat or drink on board.
...for very GOOD reasons. all the crew love him sooo much.
and the same level of service will continue during his retirement.
FOG 'why does my water have a blue tinge?'
due to a/c probs he flew with BA as QF 5 does not have !st class.
when travelling !st class with QF he does not eat or drink on board.
...for very GOOD reasons. all the crew love him sooo much.
and the same level of service will continue during his retirement.
FOG 'why does my water have a blue tinge?'
Join Date: Jul 2004
Location: Land Down Under
Posts: 174
Likes: 0
Received 0 Likes
on
0 Posts
Extreme Capitalism
No one individual runs a corporation.
You have managment levels and divisions of responsibilty.
Qantas for example is run by a(senior) management collective of around 200.
All are remunerated according to their level of responsiblity.
Dixon earns $12mill and the wage level diminishes downwards from there.
No human is clever enough,educated enough or infallible enough to deserve that sort of money.
The financial mess we are now in has been created by people like Dixon who earn enormous sums of money but who are not held accountable when they screw up.
Kevin Rudd has identified this characteristic of "Extreme Capitalism"as something that needs to be dealt with....Reasonable Remuneration and reasonable accountability.
The mess Dixon has made should see him receive nothing.In fact some of his earnings should be returned.A tribunal dealing with such matters should be initated and appropriate reparations made by the offending individual.
You have managment levels and divisions of responsibilty.
Qantas for example is run by a(senior) management collective of around 200.
All are remunerated according to their level of responsiblity.
Dixon earns $12mill and the wage level diminishes downwards from there.
No human is clever enough,educated enough or infallible enough to deserve that sort of money.
The financial mess we are now in has been created by people like Dixon who earn enormous sums of money but who are not held accountable when they screw up.
Kevin Rudd has identified this characteristic of "Extreme Capitalism"as something that needs to be dealt with....Reasonable Remuneration and reasonable accountability.
The mess Dixon has made should see him receive nothing.In fact some of his earnings should be returned.A tribunal dealing with such matters should be initated and appropriate reparations made by the offending individual.
Join Date: Aug 2007
Location: australia
Posts: 216
Likes: 0
Received 0 Likes
on
0 Posts
First time post, but long time observer and SLF, so be kind.
I have been observing commentary on GD, and am appalled at the rewards he has extracted/been granted from the QF patch. Where are the Board? If these rewards are truly justified by performance where is the "reward" for failed/dubious buyout, trashing of brand,alienation of staff, some serious maintenance issues,US Price fixing and probably more.I thought he was the one in charge, but seeming not in all respects.
Rewards that are solely based on profits at whatever cost are the cause of long term problems, and this is one of the best examples of current deliberations on corporate culture.
A number of years ago, the AMP Board took a stand on a departing CEO and basically said, sue us if you are game. Why then isnt there pressure on QF Board to explain why these payments are justified and hold them accountable. Then again, I guess I wake up.
Time to take a stand I say, and forget the bland statements of legal rights. Hold these people TRULY accountable in regards to the full picture and not just what suits their arguments at the time.
I suspect the commentary on abstinence in First Class consumption (if true)says it all really, and must make us (and the Board) wonder what makes a true leader.
I know what my view is and we should all stand up and be counted.
I have been observing commentary on GD, and am appalled at the rewards he has extracted/been granted from the QF patch. Where are the Board? If these rewards are truly justified by performance where is the "reward" for failed/dubious buyout, trashing of brand,alienation of staff, some serious maintenance issues,US Price fixing and probably more.I thought he was the one in charge, but seeming not in all respects.
Rewards that are solely based on profits at whatever cost are the cause of long term problems, and this is one of the best examples of current deliberations on corporate culture.
A number of years ago, the AMP Board took a stand on a departing CEO and basically said, sue us if you are game. Why then isnt there pressure on QF Board to explain why these payments are justified and hold them accountable. Then again, I guess I wake up.
Time to take a stand I say, and forget the bland statements of legal rights. Hold these people TRULY accountable in regards to the full picture and not just what suits their arguments at the time.
I suspect the commentary on abstinence in First Class consumption (if true)says it all really, and must make us (and the Board) wonder what makes a true leader.
I know what my view is and we should all stand up and be counted.
Join Date: Feb 2007
Location: Canberra
Posts: 382
Likes: 0
Received 0 Likes
on
0 Posts
argusmoon, well said i can only agree.
If enough people complain loudly about this then some day something will be done, shareholders need to screem the roof down when CEO pay is thus distorted.
We may yet live to see the demise of the Robber Barons.
If enough people complain loudly about this then some day something will be done, shareholders need to screem the roof down when CEO pay is thus distorted.
We may yet live to see the demise of the Robber Barons.
Join Date: Feb 2005
Location: Sydney
Posts: 48
Likes: 0
Received 0 Likes
on
0 Posts
"Dixon shares these traits with many Company CEOs running large corporations over the last ten years"
"If enough people complain loudly about this then some day something will be done, shareholders need to scream the roof down when CEO pay is distorted."
"No one individual runs a corporation.
You have management levels and divisions of responsibility."
So when does someone become accountable?
If as previosuly documented,
"Staff morale at rock bottom."
The CEO should have the ‘Head of People’ removed, once done the Board should have the CEO removed, as the buck stops there.
However, not that long ago, the Chairman (woman in this case) was so close to the CEO that it just wouldn’t / couldn’t happen. ASIC should have therefore stood the board down. (Can that happen in OZ?)
"Service standards cut to the bone."
The CEO should have had the ‘EGM Qantas’ removed, once done the Board should have had the CEO removed. Oh but that wouldn't happen as the CEO and Jackson were as clos as?
"Product no longer competitive."
See above
"Mixed fleet including many old aircraft."
So the CEO should have had the CFO removed (because I’m sure I read that it was a Finance Dept decision) as he was responsible for saying yes or no – it may have been his analysts earning $65k p/a but hey, the buck stops with the CFO, once done the Board should have quit as they signed off on this.
"Operational and safety record in tatters."
So the Heads of Operations and Safety should go as they are responsible for Operational & Safety decisions, etc and if they reported to the EGM Qantas well he was sacked 3 points back – so it should be the CEO who goes.
"Divided brand/workforce."
The CEO & Head of People, are they not responsible?
"Huge executive bonuses."
The CEO, CFO, Renumeration Committee
"Short term profitability."
The CEO, CFO, Board and also executives
But why stop there? , CFO (plus 2 or 3) , EGM Qantas (plus 2 or 3), Head of People (plus 2 or 3) , Head of Safety (plus 2 or 3) , EGM Engineering (plus 2 or 3).
The plus 2 or 3 means 2 or 3 direct reports because what you don’t want is for those incompetent people to simply step up because nothing will change.
But just perhaps the Clifford is doing something ?
THE Qantas board has another vacancy after its longest-serving director called it quits yesterday after 16 years.
Mike Codd joined the airline's board in January 1992 and served as chairman of the safety, environment and security committee and a member of its audit committee. The airline announced yesterday that his retirement would take effect immediately.
"Mike joined Qantas prior to its privatisation and has made a significant contribution to the success of Qantas, especially given the many challenges Qantas and the airline has faced over the last decade," Qantas chairman Leigh Clifford said.
Mr Clifford has brought on several new faces since taking the helm at Qantas last November.
Appointments this year include E.I. du Pont and Nemours executive vice-president and COO Richard Goodmanson, former British American Tobacco finance director Paul Rayner and Country Energy chairman Barbara Ward.
"If enough people complain loudly about this then some day something will be done, shareholders need to scream the roof down when CEO pay is distorted."
"No one individual runs a corporation.
You have management levels and divisions of responsibility."
So when does someone become accountable?
If as previosuly documented,
"Staff morale at rock bottom."
The CEO should have the ‘Head of People’ removed, once done the Board should have the CEO removed, as the buck stops there.
However, not that long ago, the Chairman (woman in this case) was so close to the CEO that it just wouldn’t / couldn’t happen. ASIC should have therefore stood the board down. (Can that happen in OZ?)
"Service standards cut to the bone."
The CEO should have had the ‘EGM Qantas’ removed, once done the Board should have had the CEO removed. Oh but that wouldn't happen as the CEO and Jackson were as clos as?
"Product no longer competitive."
See above
"Mixed fleet including many old aircraft."
So the CEO should have had the CFO removed (because I’m sure I read that it was a Finance Dept decision) as he was responsible for saying yes or no – it may have been his analysts earning $65k p/a but hey, the buck stops with the CFO, once done the Board should have quit as they signed off on this.
"Operational and safety record in tatters."
So the Heads of Operations and Safety should go as they are responsible for Operational & Safety decisions, etc and if they reported to the EGM Qantas well he was sacked 3 points back – so it should be the CEO who goes.
"Divided brand/workforce."
The CEO & Head of People, are they not responsible?
"Huge executive bonuses."
The CEO, CFO, Renumeration Committee
"Short term profitability."
The CEO, CFO, Board and also executives
But why stop there? , CFO (plus 2 or 3) , EGM Qantas (plus 2 or 3), Head of People (plus 2 or 3) , Head of Safety (plus 2 or 3) , EGM Engineering (plus 2 or 3).
The plus 2 or 3 means 2 or 3 direct reports because what you don’t want is for those incompetent people to simply step up because nothing will change.
But just perhaps the Clifford is doing something ?
THE Qantas board has another vacancy after its longest-serving director called it quits yesterday after 16 years.
Mike Codd joined the airline's board in January 1992 and served as chairman of the safety, environment and security committee and a member of its audit committee. The airline announced yesterday that his retirement would take effect immediately.
"Mike joined Qantas prior to its privatisation and has made a significant contribution to the success of Qantas, especially given the many challenges Qantas and the airline has faced over the last decade," Qantas chairman Leigh Clifford said.
Mr Clifford has brought on several new faces since taking the helm at Qantas last November.
Appointments this year include E.I. du Pont and Nemours executive vice-president and COO Richard Goodmanson, former British American Tobacco finance director Paul Rayner and Country Energy chairman Barbara Ward.
Join Date: May 2001
Location: Back again.
Posts: 1,140
Likes: 0
Received 0 Likes
on
0 Posts
So has Dixon done anything illegal? Nope!
Can he be arrested for over-indulgence in QF funds? Nope! (Leaving the goose and taking the eggs.)
Wave goodbye as he rides off into the sunset. He might be one of the last in a high profile group of execs to receive the exorbitant bonus for slash and burn strategies. The economy will see to that.
Can he be arrested for over-indulgence in QF funds? Nope! (Leaving the goose and taking the eggs.)
Wave goodbye as he rides off into the sunset. He might be one of the last in a high profile group of execs to receive the exorbitant bonus for slash and burn strategies. The economy will see to that.
Thread Starter
Join Date: Oct 2002
Location: S/E Australia
Posts: 210
Likes: 0
Received 0 Likes
on
0 Posts
You'll catch him dining around the restaurants down at Balmoral Beach where he lives. Usually from 6:30pm onwards.
Be sure to 'boo' him as you walk past. - F*CKWIT!
Be sure to 'boo' him as you walk past. - F*CKWIT!