QAN 3.61% $8.89 qantas airways limited

qan article on news.com.au, page-68

  1. 8,074 Posts.
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    mikeyowie, of course i read all the qantas reports, announcements, and any news report about qantas. where else am i going to get information from? an employee? an employee will only tell me one of two things, when his job and entitlements are secure, the joint's awesome, and when his job and entitlements are under threat, the joint's f****d.

    you and dbl keep going on and on about how bad things are at qantas, and how i don't know what is really going on there, but you haven't presented one bit of proof to back up any of your claims, not one news story, not one article, not one bit of paper, nothing.

    and as for this comment you made, "Its all about KPIs and bonuses, and they will be met and paid", kpi's and bonuses are a part of any business. get used to it. and no, they will not always be met and paid. i refer you to page 42 and 44 of the text you hate so much, the qantas 2012 annual report, and i quote from page 42:

    "As the Remuneration Report discussion regularly focuses on the CEO’s pay, the introduction also summarises remuneration
    for the CEO in 2011/2012. It outlines the remuneration decisions as they relate to the CEO and highlights the clear link between the CEO’s pay outcomes and Qantas’ performance. Details of the CEO’s remuneration for 2011/2012 include:
    - Based on performance against the measures under the annual incentive, Mr Joyce was entitled to an award of $792,000, however, Mr Joyce declined this award, and no award was made
    - The three-year company performance measures tested as at 30 June 2012 for the long term incentive plan were not met
    and therefore rights lapsed and no shares were awarded
    - Mr Joyce also chose not to participate in the 2012 base pay review and his base pay will remain unchanged in 2012/2013"

    i know, i know, according to you, i shouldn't believe everything i read.
 
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