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Merged: GD gives himself an outgoing payrise!
What an A**Hole - this dick gives himself a $190,000.00 payrise just as he's about to leave. Probably to make up for the loss in share price along the way.
AND he gives himself a ride in the A380 today as well! Read it here... Qantas CEO lifts FY08 fixed salary - Breaking News - Business - Breaking News So what does he think of his staff? - I hope somebody F*CK'S HIM with a pineapple someday! |
Greed is not good!
The greed of Wall Street is the same as the greed of Pitt Street.
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,,,,,,,,,,I thought I read ages ago that all Executives have got a "wage freeze" for this financial year.
What happen to that? Talk about LEADERSHIP. ....maybe can he get a gig as an advisor to George Bush.....-intellect levels are on par:rolleyes: |
Hang on.
Good year. Everybody's pay went up, and they got (or get) a $2000 bonus. ( say an extra 3% for someone on $70,000p.a.) And your whingeing that the boss got a rise. Settle petal! |
His payrise was only in the vicinity of the CPI. Obviously he needs to keep up with the rise in cost of living expenses. :}
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"everybody's pay went up" ???
I don't think so. Long Haul Pilots EBA is now nearly 2 years expired. We haven't had a pay rise in a long time. |
Here's the rest of the QF Exec Story!!
Qantas chief pockets $12m | smh.com.au
:mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad: :mad::mad: |
This is what the stink about the bail out plan in the US is all about....Congress does not want to give nearly a trillion dollars to the club that caused this mess.
The boys at the top preaching about restraint and then they give themselves another payrise on top of the millions they already get... There was a company in the US the other day that went under but not before a CEO gave himself a $10 mill bonus..... By the way I think you will find that Darth and others have a clause in their contracts that says the company will meet the difference in their shares if they dip below a certain amount...so they won't miss out in any way if the market drops... Gordon Gecko is alive and well.... |
Wod...What is the matter with all staff and that means Darth as well getting a $2000 bonus for a good financial result ?????
All other staff regardless of their position got $2000 so why shouldn't he? If you use the argument that some have more responsible jobs than others then the bonus to all staff should have been on a sliding scale.....say starting at $2000 and going up....but no it wasn't was it? |
Perhaps I overcompensated for jumping to conclusions on Nancy-Bird.
And I take the point that not everyone's pay went up. |
And I take the point that not everyone's pay went up. Now he can afford one those electric gopher carts that pensioners use so he can keep mobile when he retires. Thats another thought,I wonder if he is gonna apply for a pension? |
Dixon gets 84% pay rise while denying 5% for engineers
Well if this isn't the height of hypocrisy I don't know what is. While he was carrying on with with all his doom and gloom spin, and how unions were about to sink the airline he managed to get a 84% pay rise on the previous year.:ok:
Qantas chief pockets $12m | smh.com.au Qantas chief pockets $12m QANTAS'S departing boss, Geoff Dixon, was paid almost $12 million last financial year, at the same time he was calling for wage restraint from staff to counter high jet fuel prices. The salaries for Mr Dixon and his senior executives are likely to create discontent among the airline's staff, who have faced a management intent on capping wage rises at 3 per cent a year and which has laid off 1500 workers. Mr Dixon's total package of $11.92 million for the year to June included a cash bonus of $3 million and almost $6.4 million in share-based payments. The value of the share component has fallen since grant date and was worth $3.86 million at year-end. Nevertheless, it is big rise on 2006-07, when Mr Dixon's total package reached $6.5 million. Qantas's share price fell 45 per cent last financial year as it battled high fuel prices and a slowing economy in the last quarter. Yesterday the stock fell 10c, to $3.13. The airline has also faced heightened fears about the safety of its aircraft and serious problems with its schedules after a 10-week industrial dispute with aircraft engineers. In May Qantas said it was freezing senior executive pay in response to the high fuel prices. The carrier's annual report, released yesterday, shows the total package for the former chief financial officer Peter Gregg rose about 50 per cent, to $6.04 million. It included a share-based payment of almost $3 million (worth about $2 million at year-end) and a cash bonus of $1.48 million. The third-in-charge at Qantas, John Borghetti, took away $2.69 million - almost unchanged - as well as share-based payments of $2.8 million ($2 million at year-end). Qantas's chief executive-in-waiting, Alan Joyce, enjoyed a 44 per cent increase in his pay to $2.4 million for the year. Mr Joyce, the boss of Jetstar until this week, also benefited from share-based payments valued at $2.3 million at grant date. Unions have been seeking annual pay rises of about 5 per cent for their members at Qantas. |
And by his own admission, he had his eye off the ball for six months during the APA bid. And, if the APA bid had gone ahead, QANTAS wouldn't exist today.
Great work Geoff, you sure earn't you're money. |
Well actually if it had gone ahead Qantas and APA would have survied (apparantly, I dont know the details, but do a search in the forums, theres a few posts about it)
But yeah, pretty irresponsible when the engineers cant get their 5% out of them |
Well actually if it had gone ahead Qantas and APA would have survied (sic) |
Ah ok, well there we go...
(That makes much more sense than what I said:ok:) Cheers |
Geoff Dixon You are a DISGRACE
Dixon pockets $12m pay cheque
While Staff at QF are lucky to get a measly $1000 bonus and after tax that drops down to about $600 after tax, this is what your out going Chief has been paying himself and the rest of his croonies.... And what did Dixon cost QF for his unwillingness to talk with the engineers over their pay dispute and then he goes and gets paid how much, what a croc........ So Boys and Gals at QF next time the EBA is up and you want 5% pay increase instead of 3% it should not be a problem. QANTAS'S departing boss, Geoff Dixon, was paid almost $12 million last financial year, at the same time he was calling for wage restraint from staff to counter high jet fuel prices. The salaries for Mr Dixon and his senior executives are likely to create discontent among the airline's staff, who have faced a management intent on capping wage rises at 3 per cent a year and which has laid off 1500 workers. Mr Dixon's total package of $11.92 million for the year to June included a cash bonus of $3 million and almost $6.4 million in share-based payments. The value of the share component has fallen since grant date and was worth $3.86 million at year-end. Nevertheless, it is big rise on 2006-07, when Mr Dixon's total package reached $6.5 million. Qantas's share price fell 45 per cent last financial year as it battled high fuel prices and a slowing economy in the last quarter. Yesterday the stock fell 10c, to $3.13. The airline has also faced heightened fears about the safety of its aircraft and serious problems with its schedules after a 10-week industrial dispute with aircraft engineers. In May Qantas said it was freezing senior executive pay in response to the high fuel prices. |
guys & gals there's little you can do about "tricky dickies" self funded rip off but you have one thing (well most of you lot at QF) that Tricky hasn't, YOUTH!!!
Piece of mind & being able to sleep straight in bed of a night time is worth far more than all the monies he has recieved. Tricky will be gone for good & worm food probably well b4 most of QF's current workers & all the millions that he has 'taken' won't help in an inch! CW |
Skystar320 might be shedding a tear at the thought of GD going to the corporate lunch room in the sky but I for one will not.
The problem is that he is but only one of them. He will walk out the door one day but another will take his place all to soon. |
For Geoff's farewell from QF, the people that put the compilation of F.O.D on "youtube" together should send him all the copies to say F.O.D just one more time.....:ok:
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