[QUOTE=Master D;622779]So he deserved a 70% payrise?

My pay didn't go up 70% post GFC[/QUOTE]

He didn't receive a pay rise. He was basically given a bonus for doubling the companies profits last year. CEO's of large companies usually get a performance based bonus in their package.

The media is doing a good job of making out these CEO's are taking all the money and leaving nothing for the 'workers'. I'd like to see some of these workers take on the legal repsonsibilities a CEO or board member (go to jail spec) has without wanting a large amount of renumeration.

Businesses are not fucking charities. They are there to generate money for its shareholders and will do so however they see fit provided it is within the constraints of the law. The uneducated, socialistic opinions of the masses give me the shits.

So profits doubled.
Workers ask for payrise.
Couldnt get payrise because they are asking to much.
Joyce shuts down company.

So he is still a couple of million richer, workers, not so much.

I honestly cant wait for the 28days to pass, they go to arbitration, qantas & the unions wont be happy.
No more qantas.

[QUOTE=Master D;622992]No more qantas.[/QUOTE]

no more job

anyhow will be interesting to see how this turns out

supposed to be flying to melb in dec with qantas ....

Workers would paid more if the company deemed them worth the payrise. They are already getting above the award rates.

Joyce, makes them more money than anybody else so he is worth the bonus.

In my opinion, if companies give in to union tactics and give out unwarranted pay rises, they inturn set a precedent that the unions know they can take advantage of again, and that all they have to do is strike.

What should be in the spotlight so these workers see the real picture, is what the union leaders are pocketing from them for doing SFA! (There's a reason Kevin Reynolds lives in a riverfront penthouse at the Raffles!)

Totally agree with what Riggs has said, they are in business to make money and keep shareholders happy. They would factor in pay rises each budget but it seems in most cases the unions are asking way too much.

And in response to Master D:

If they give in and pay aus workers more, there is virtually no chance of them retaining their jobs long term. It doesn't seem too much of an educated decision asking for a mass pay rise from a company looking at sending a vast portion of its international operation offshore to save money!!

Yeah let's give them even more reason to send the jobs overseas!!!

I see the overseas move as a positive, Qantas lowers overheads, making more profit so they can employ a larger aus workforce for domestic operations...

Wow, nice to see others properly understanding the situation with Qantas & not just repeating BS seen all over twitter & sensationalist news departments.

Business is business. Harsh for some but thats life.

I get the whole idea of joyce making the most money so he gets the biggest bonus, yep makes perfect sense but if the company keeps delivering huge profits why cant their be payrises for the people who help keep the profits coming?

As for the award wage, the award wages are null and void, the award wage in my trade is $10/hr less than what im on, in the current market im still regarded as being underpaid.

If everyone was on the award wage, we would all be broke and living in the rich peoples rental properties making them more rich and us on the bones of our ass.

Award wages were developed ages ago and havent kept up with the market.

Just like redbook for cars - people know what their car is worth but redbook has a generic value for it.

[QUOTE=reconus;623001]supposed to be flying to melb in dec with qantas ....[/QUOTE]

Me too mate :( Going to my brother-in-laws wedding.. not something I want to miss.